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 is finally set to sell their large parcel of land to developers after holding out for years while an entire suburb was built around them.

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.

Owned by the same family for more than 40 years, the site features a four-bedroom, two-bathroom brick house and a granny flat. 

However, it is now set to be demolished to make way for dozens of new homes, with property developers eyeing up the land.

‘Unlock the potential of this expansive 2.34-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 said that the site could be developed into a new residential and retail area.

‘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.’

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 for $2million to allow for the extension of Hammond Road 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 in the area have risen by 80 per cent to $829,811 over the past five years, while unit prices have gone up by 90 per cent at $604,133.

While many Australian families have given in to the pressure from developers to sell their properties, one family in Sydney is still resisting and refusing to sell 

For decades, the intensely-private Zammit family have been the proud owners of a sprawling 20,000sqm property in Quakers Hill, in Sydney’s west.

The five-acre property 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 reportedly 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.’