Lying alone in the area of The Ponds, near Quakers Hill, Sydney Australia, the Zammit family’s house is truly becoming a symbol of perseverance and defiance, after years of turning down offers from buyers. real estate investors. While neighbors and people in the area have all decided to sell their homes and move out, the Zammit family has remained steadfast in keeping their dream home, even after receiving offers of up to millions of dollars.
The Zammit family’s land crosses a well-planned block of houses.
According to the Daily Mail, Zammit’s land has an area of about 1.99 hectares, with a road to the garage up to 200 meters long, cutting across the large lawn in front of the house. Not only that, this house also has a very beautiful view, overlooking the majestic Blue Mountains and the vast Newnes plateau, but still quite close to the city center, only takes about 40 minutes by car. However, the romantic home of the Zammit family cuts through a more modern, more structured house and becomes quite out of place among the well-planned synchronized houses.
It is known that investors have made many offers to buy millions of dollars, but the Zammit family still firmly refused. In 2012, the land plots in the area were valued at about 239 USD/m2 (more than 5.4 million VND), which means that a decade ago, their house was priced at about 4.75 million USD. (more than 108.5 billion VND). Currently, according to the investment company Bathla, this number can increase to more than 40 million USD (nearly 915 billion VND), and the land that the Zammit family owns is large enough to be able to build 40 houses. with a value of 1 million USD/unit.
The Zammit family’s house is currently valued at more than $40 million, and the land they own is large enough to build up to 40 homes with a value of $1 million each.
However, like the Australian classic The Castle, the family is adamant about not selling their home, even though they admit the landscape around them has changed beyond recognition compared to 16 years ago. where they just moved to this place. Sharing with the Daily Mail, Diane Zammit, 50, said: “This place used to be farmland, with only a few small houses built of red bricks scattered around. Each house has a different architecture, and there are always vast spaces around. But now it’s different. Things are no longer the same“.
David Zammit, 51 years old, Diane’s husband, owns a quite successful trucking company. People in the area say David regularly stores the company’s vehicles in a giant warehouse, installed with a modern solar panel system on the roof, and located behind their luxury home. That was enough to see how large the land that the Zammit family owned was.
The Zammit family’s 200-meter-long driveway to the garage.
In addition, some residents shared that their house has up to 5 bedrooms, 1 large garage for 3 family cars, including 1 classic Ford Falcon XR6, with 1 small basketball court outside. The vast lawn in front of the house is always neatly trimmed, even though it takes about 2.5 hours for each pruning.
Currently, the house is surrounded by 750m of fence to prevent construction from neighboring constructions. The Zammit family’s former neighbors most of them sold their homes and moved out about a year ago and are no longer in contact with them. However, the majority of people agree that this family is quite friendly and open.
The house is large with 5 bedrooms and a garage big enough to hold 3 cars of the Zammit family.
“I always wave to them when I see them from a distance, and they respond enthusiastically, but we never talk.”, a neighbor shared, “I’m also happy that they were determined not to sell their house. Since my house is now close to their land, we feel we have more open space. Our neighbors do not enjoy that, because the other houses are built very close to each other, there is rarely any space between them. So I am very grateful to them! Hopefully they will always stay here“.
The steadfastness of the Zammit family helps the adjacent houses have more open space.
The story of the Zammit family also partly reflects the current sky-high land prices in Sydney in particular and Australia in general. According to the Demographia International Housing Affordability survey (2022), all five capitals of the continental states in this country are currently in the list of 20 cities with the highest housing prices in the world, with Sydney coming in at No. 2, after Hong Kong, China.
According to the Australian Bureau of Statistics, from 2003 to now, the average property price in the capitals has increased by about 23.7%. In Sydney alone, the median house price in 2021 has increased by about 32.9%, to $1.3 million per unit, and continued to reach $1.4 million in February.
According to DailyMail