Aussie family give into pressure to sell up from property developers – but another is refusing to budge as land value soars past $40million

A stubborn Perth family has finally decided to sell their huge plot of land to developers after an entire suburb was built around them
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A stubborn Perth family is on the verge of selling their large plot of land to developers after an entire suburb was built around them.

The property, which sits on a 6-acre plot on Wattleup Road in the suburb of Hammond Park, is for sale and offers in excess of $3 million are expected.

The site has been in the same family for over forty years and consists of a four-bedroom, two-bathroom brick house and an annex.

However, it is likely that the building will be demolished to make way for dozens of new homes. Project developers have set their sights on the site.

“Unlock the potential of this expansive 2.34-acre development site, strategically located in the heart of Hammond Park,” reads the listing on Domain.

‘This prime plot offers unrivalled potential for both residential and commercial development and is ideally located to capitalise on the growing demand in the region.

‘At 2.34 hectares, 466 Wattleup Rd is a significant urban expansion project or mixed residential, retail and commercial development project in a key growth corridor.’

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Ollie Salimi from Effective Property Solutions said Domain said the site could be developed into a new residential and shopping area.

‘We expect a lot of interest in this location, as the existing and almost fully built-up residential areas of Hammond Park are very popular with young families, due to the many schools and new public facilities in this now thriving area.’

A stubborn Perth family has finally decided to sell their huge plot of land to developers after an entire suburb was built around them

The site contains a four-bedroom, two-bathroom stone house and an annex, but this could soon be demolished to make way for many more homes.

The site contains a four-bedroom, two-bathroom stone house and an annex, but this could soon be demolished to make way for many more homes.

The site originally spanned over ten acres, but part of it was sold for $2 million to accommodate the Hammond Road expansion in 2022.

Census data shows that Hammond Park’s population nearly doubled between 2011 and 2016, to just under 5,000 residents.

According to CoreLogic, average home prices in the area have increased 80 percent over the past five years, while condo prices have increased 90 percent.

While many Australian families have succumbed to pressure from developers, one family in Sydney is standing firm and refusing to sell.

The ultra-private Zammit family has been the proud owners of a sprawling 20,000m² estate in Quakers Hill, in Sydney’s west, for decades.

The five-acre parcel cuts through a huge block of the new development, with main roads abruptly turning into cul-de-sacs, with houses nestling tightly against the perimeter fence.

While their old neighbors gradually sold their homes and moved away, the Zammit family has persisted and refused to sell despite being offered more than $40 million for the plot.

The Zammits family are a very private family and refused to accept offers they received to relocate when contacted by Daily Mail Australia.

However, the family has admitted that the land is unrecognisable since they moved in 16 years ago.

“This used to be farmland with little red brick houses and cottages here and there,” says mother Diane Zammit, 50.

‘Every house was unique, and there was so much space – but that’s not the case anymore. It’s just not the same anymore.’

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