Chilling hand-made warning sign appears at crash scene where $500,000 Ferrari 458 Italia ploughed into an $11million harbourside Watson Bay mansion in Sydney

  • A $500,000 supercar crashes into a wall in Sydney’s east
  • Angry locals have posted a sarcastic sign
  • READ MORE: Dramatic new details revealed as police close in on suspected killers of Queensland woman shot dead in street

Furious locals have put up a sarcastic, handwritten warning sign at the crash site where a Ferrari 458 Italia crashed into an $11 million mansion in Sydney’s eastern suburbs.

The luxury supercar, worth about $500,000, crashed into a brick wall at Robertson Place in Watsons Bay, an elite suburb in Sydney’s east, at 1.15pm on Thursday.

A 55-year-old woman suffered chest injuries and became trapped in the wreckage before being cut free by rescuers.

The 56-year-old male driver suffered minor head injuries in the collision.

Less than 24 hours after the accident, a sign was placed at the roundabout where the car drove through a pedestrian railing towards the boundary wall of the house.

“Speed ​​+ Coke Kills,” the sign read. “Slow down, jerk.”

It is not suggested that the driver was actually speeding or on coke, just that he drives a Ferrari.

A NSW Ambulance spokesperson said the driver and his passenger were taken to St Vincent’s Hospital where they are in a stable condition.

The supercar had its own rego license plate and had only a total of 14,000 km on the odometer since it rolled off the production line in 2014

A warning sign has been placed at the scene of the crash in Watsons Bay

A warning sign has been placed at the scene of the crash in Watsons Bay

A female resident of the house the car crashed into – once owned by Sydney businessman Mark Bouris – said more needed to be done to protect the community.

‘The municipality really needs to do something. It’s just not good enough. The fence barrier is not strong enough,” she told Daily Mail Australia on Friday.

“We’re just relieved no one was hurt.”

Photos from the crash scene showed several police vehicles and fire trucks at the scene.

The rear of the black Ferrari partially blocked the sidewalk as a crowd of pedestrians gathered around the crash site.

The $500,000 supercar crashed into the wall of a harborside mansion that sits on a roundabout in Watsons Bay

The $500,000 supercar crashed into the wall of a harborside mansion that sits on a roundabout in Watsons Bay

The front end, including the hood of the vehicle (photo), was severely damaged

The front end, including the hood of the vehicle (photo), was severely damaged

The luxury vehicle (pictured) crashed through a brick fence before crashing into a wall at Robertson Place in Watsons Bay, in Sydney's eastern suburbs, on Thursday afternoon.

The luxury vehicle (pictured) crashed through a brick fence before crashing into a wall at Robertson Place in Watsons Bay, in Sydney’s eastern suburbs, on Thursday afternoon.

Locals were seen around the crash site on Thursday afternoon

Locals were seen around the crash site on Thursday afternoon

Images from the scene show a large emergency services presence and the rear of the Ferrari visible above the curb. Crowds gathered to watch authorities work to clear the site.

Images from the scene show a large emergency services presence and the rear of the Ferrari visible above the curb. Crowds gathered to watch authorities work to clear the site.

Several parts of the front of the luxury vehicle were severely damaged by the impact of the collision and the hood was forced open by the crash.

The vehicle was a Ferrari 458 Italia, which can cost up to $500,000 in pristine condition. According to available data from Service NSW, only 150km had been driven in the past year.

The supercar had its own Rego license plate and had only 14,000 km on the odometer since it rolled off the production line in 2014.

Mr Bouris is said to have sold the Watsons Bay property for $7 million in 2013, according to property records.

NSW Police said officers were investigating the circumstances of the crash.