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A Perth family has decided to sell their large parcel of land to developers after an entire suburb was built around them because they previously refused to sell.
The property, which sits on a six-acre block on Wattleup Road, in the suburb of Hammond Park, is up for sale, and expected to attract offers over $3million.
The property is home to a four-bedroom, two-bathroom brick house and a granny flat, but it could soon be demolished to make way for many more homes.
‘Unlock the potential of this expansive 2.33-hectare development site, strategically located in the heart of Hammond Park,’ the listing on Domain reads.
‘This prime parcel of land offers unparalleled opportunities for both residential and commercial development, perfectly situated to benefit from the area’s growing demand.
‘At 2.34 hectares, 466 Wattleup Rd is a prime urban infill or mixed-use residential, retail and commercial development project in a major growth corridor.’
Ollie Salimi from Effective Property Solutions told Domain that he anticipates significant interest in the property, which has attracted developers’ attention for decades.
‘We expect a lot of interest in this site as Hammond Park’s existing and nearly fully built-out residential land estates are in very high demand from young families, thanks to an array of schools and new public amenities in this now flourishing area.’
A stubborn Perth family have finally decided to sell their huge parcel of land to developers – after an entire suburb was built around them
The property is home to a four-bedroom, two-bathroom brick house and a granny flat, but it could soon be demolished to make way for many more homes.
The property initially covered over four hectares, but part of it was sold to allow for the extension of Hammond Road.
The Western Australian Planning Commission paid the family $2 million for a significant portion of the land in 2022.
Census data shows that Hammond Park’s population nearly doubled between 2011 and 2016, growing to just under 5,000 residents.
According to CoreLogic, median house prices have risen by 80 per cent over the past five years, while unit prices have gone up by 90 per cent.
While many Australian families have yielded to pressure from developers, one family in Sydney is standing firm and refusing to sell.
For decades, the intensely private Zammit family have been the proud owners of a sprawling 20,000 sqm property in Quakers Hill, in Sydney’s west.
The five-acre property home slices through a massive block of the new development, abruptly turning through-roads into cul-de-sacs, with homes wedged up hard against the home’s boundary fence.
However, while all their old neighbours gradually sold up and moved out, the Zammit family has held on and refused to sell, despite being offered more than $40 million for the site.
The Quakers Hill home stands on 1.99 hectares and has a majestic, Windsor Castle-style, 200m-long driveway cutting through the huge lawn to the front door
The Zammits are a very private family and declined to discuss the offers they’ve received to move out when Daily Mail Australia contacted them.
However, the family have admitted the land is unrecognisable from when they moved in 16 years ago.
‘It used to be farmland dotted with little red brick homes and cottages,’ mother Diane Zammit, 50, said.
‘Every home was unique, and there was so much space – but not any more. It’s just not the same.’
