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

Monica Pop
Monica Pop
Monica Pop is a senior writer for Bored Daddy magazine covering the latest trending and popular articles across the United States and around the world.

More from author

Related posts

Latest posts

I suffered severe burns on my face in a fire, and my husband left me – years later, we crossed paths unexpectedly, and he...

When my husband Evan decided to dismiss my worries about the old furnace, like he always did, a fire started and both my face...

My teenage daughter started coming back from school in tears and stopped talking to my wife

Teenagers can be quite difficult to deal with. They think they know everything, are eager to try new experiences, and often push boundaries. Being...

After 20 years of waiting and treatments, I gave birth, but my husband questioned, ‘Are you sure this child is mine?’

For 20 long years all I did was prayed and hoped I would become a mother one day. Ethan, my husband, and I tried...

The Tragic Discovery of a Missing Worker in a Grocery Store

Store Worker’s Corpse Found After a Decade at Iowa Grocery Store A long-unsolved mystery was finally resolved in a shocking manner when the store worker’s...

3 amazing Christmas stories with unexpected twists

The festive season is expected to be the most wonderful time of the year, but the following Christmas stories come with unexpected twists. I went...

The Voice Winner Jason “Sundance” Head’s Harrowing Shooting Accident and Recovery Journey

A Shocking Incident on the Texas Ranch Jason “Sundance” Head, the renowned country singer and season 11 winner of The Voice, faced a life-threatening shooting...