hit counter html code

Family reject developers who build suburb around entire property – 10 years later, house’s value is astronomical

Some people don’t mind changing houses, they even enjoy embarking on adventures of moving into new homes as years go by, but some won’t leave their home no matter what.

A family from Australia refused to sell their property over and over again. Developers came with plenty of offers from their home around which they built an entire suburb with identical houses, and now the family’s home, with all its greenery and glory, stands in the middle of the grand neighborhood.

The property features a 650-foot driveway and is surrounded by lush green gardens, having a panoramic view of the Blue Mountains.

And why won’t they sell it? Because they are even unable to put a price on their little paradise.

Credit / 7News YouTube

Most of the neighboring blocks on which the suburb resides were bought back in 2012. At that time, the Windsor Castle-style mansion in question was valued at $4.75 million.

Ten years later, however, its value went up and according to experts, it now costs over $50 million.

“The fact that most people sold out years and years ago, these guys have held on. All credit to them,” Taylor Bredin, a real estate agent with Ray White Quakers Hill, told 7News. “Depending on how far you push the development plan, you’d be able to push anywhere from 40 to 50 properties on something like this, and when subdivided, a 300 square metre block would get a million dollars.”

Credit / 7News YouTube

Today, the property is enclosed on all sides by neighboring homes and is surrounded with a large fence. Despite that, they have no intention to sell it, whatsoever.

Mom Diane Zammit, 50, told Daily Mail Australia that the neighborhood used to be “farmland dotted with little red brick homes and cottages.

“Every home was unique and there was so much space – but not any more. It’s just not the same,” she said.

What do you think of this beautiful home? Would you consider selling it for that much money had you been the proud owner of it?

Please SHARE this article with your family and friends on Facebook.

Bored Daddy

Love and Peace

F

Related Posts

Why the 1972 Oscars Remain a Benchmark for Greatness

Looking back, the 1972 Oscars feels like a time capsule of a changing Hollywood. The 1972 Oscars was more than just an awards ceremony; it was a…

Christopher Atkins: From 1980s Heartthrob to Life as a Pool Contractor

Rising Star at 19 Christopher Atkins was born on February 21, 1961, in Rye, New York. As a fresh-faced model with no acting experience, he was far…

Charlie Kirk’s Family: Everything to Know About the Late Conservative’s Parents

In the wake of Charlie Kirk’s assassination, attention has turned not just to the conservative activist’s political legacy but also to the private family who raised him. While…

For every country soul pursuing dreams, remember: love may be quiet, but it carries you further than any spotlight.

Willie Nelson and Martha Matthews: The Love Story Behind the Legend On the night they married in 1952, Willie Nelson and Martha Matthews didn’t ride away in…

Merle murmured, “I can’t go on,” yet Bonnie stood firm, determined not to let him give up

A Gentle Promise in Harmony: “Slowly But Surely” by Merle Haggard & Bonnie Owens Some songs don’t rush. They don’t demand attention with fireworks or volume. Instead,…

Charles Krauthammer: His Tragic Journey from Life-Changing Accident to Lasting Legacy

Charles Krauthammer’s life was one marked by tragedy, resilience, and an unyielding brilliance that made him one of the most respected voices in American political commentary. To…

Leave a Reply

Your email address will not be published. Required fields are marked *