This, their third home in the Wellington Point area, they also named Fernbourne, and it is likely that the first Fernbourne was renamed Whepstead at this time - certainly it had acquired this name by 1909, when the house was up for sale. Despite the insolvency, the Burnett family continued operation of the Trafalgar Vale sawmill until , when fire may have destroyed the mill. From 1899 to 1913, Gilbert Burnett, with his substantial knowledge of timbers and sawmilling, held a government position as a Ranger of Crown Lands in the Brisbane and Ipswich districts. He died at the second Fernbourne in 1925, and his name and those of his children are perpetuated in the names of the streets surrounding Whepstead. After the Burnett family left the first Fernbourne (now Whepstead), there followed a succession of owners and lessees. In the late 1890s the house was occupied by James Vincent Chataway, Minister for Public Lands and Agriculture 1898-1901. Mrs Emilie O'Connell, widow of Hon. William Henry Bligh O'Connell, Secretary for Public Lands from 1899 until his death in 1903, appears to have occupied Whepstead from until it was purchased by pastoralist Edgar Gustav Parnell in 1911. The Parnell family resided at Whepstead until the mid-1930s, and reportedly made some changes to the grounds. In 1943 Matron Ethel Dolley purchased the house and converted it into the Bay View Private Hospital. The grounds remained largely unaltered, but the house was sheathed in fibro, with louvre windows along the verandahs. A toilet block was erected post-1945. The property remained a hospital until 1973, when it reverted to a private residence. In 1977 the remaining land around Whepstead was subdivided, and the house on 5050 square metres was sold and refurbished as a restaurant. A number of owners since have maintained Whepstead as a restaurant and function centre. The smaller Fernbourne was burned down in September 2012. Whepstead is a large, two-storey with attic, chamferboard building sited on the crest of a low hill and surrounded by established gardens and mature trees, such as camphor laurels, palms and fig trees - including a large, very old Moreton Bay Fig tree on the adjoining property, which spreads over the southeast corner of the present Whepstead grounds, and is an integral element of the garden setting. Whepstead and its surviving grounds is a prominent landmark along the principal road to Wellington Point, and the second level of the house commands fine views of Waterloo Bay and Moreton Bay, and a 360 degree view of the surrounding landscape.