source : the age
A tightly held block of land in Perth’s southern suburbs, which had an entire suburb built around it, has sold to an overseas developer for a staggering $4 million.
After four decades of holding out selling to developers, the family listed the six-acre Wattleup Road property in Hammond Park for sale last September.
The cash sale price is believed to be a record for the area.
This large property stands out among a sea of new builds in Hammond Park.Credit: Effective Property Solutions
Effective Property Solutions head of property investment Ollie Salimi said the sale received eight offers from established developers.
“The successful buyer is an overseas-based vertically integrated building and development company,” he said.
“The plan is to use the site for residential development to meet strong demand for homes in this flourishing southern Perth suburb that’s a major growth corridor.”
Salimi said the family was thrilled to finally secure a sale of the prime urban infill site after a number of unsuccessful efforts.
“This family had fielded many approaches by developers over a decade and had listed the land on this prominent road twice before, however, it was only on this third attempt that the sale got over the line with all parties,” he said.
“It proved worth the wait with the price exceeding the sellers’ expectations by 20 per cent.”
The property includes a double-brick home with four bedrooms, two bathrooms and a semi-detached two-bedroom granny flat.
Premier Roger Cook isn’t budging against growing opposition to his government’s planned street racing circuit on the Burswood peninsula.
Momentum is growing behind a campaign aimed at stopping Labor’s flagship $217 million election commitment with a Change.org online petition started in January gaining 7500 signatures and an online Upper House petition started by Greens leader Brad Pettitt collecting 1456 signatures as of today.
A concept design of the Motorsports Street Circuit in Burswood pledged by WA Labor.
The park has united some unlikely political foes with both Pettitt’s Greens and Opposition Leader Basil Zempilas opposing the project.
Speaking at a press conference in Bentley this morning Cook said his government was completely transparent with the public about the circuit.
“I will say that this was one of the very first election commitments we made in the campaign,” he said.
“We were completely transparent with the people of Western Australia about our plans for the Burswood Peninsula, and that is to provide an entertainment precinct between the casino and Optus Stadium, an entertainment precinct which will include outdoor events, will include sporting events such as cycling and for a very limited point in the year, street-based motor sports.”
Preliminary drilling work started at the site last week which enraged members of Save Burswood Park who said the government was pressing ahead without proper consultation.
“We also said that we’d consult with the community, and that’s what we’ll do,” Cook said.
A Derby man has been charged with murdering a woman in a suspected domestic violence incident.
WA Police said emergency services were called to Mowanjum Aboriginal Community around 7.45am on Sunday where a woman, 39, was discovered unresponsive. She was rushed to hospital but died a short time later.
It’s alleged the woman was assaulted by a man, 38, who was known to her in the early hours of the morning.
The man allegedly breached a 72-hour police order issued the day prior, and protective bail conditions.
He has been charged with murder, breaching a police order and breaching protective bail conditions.
Early voting for the federal election starts today with booths to open progressively until polling day on May 3.
The Australian Electoral Commission estimates up to half of WA’s voting population will vote early.
“What we would like to see is people still turning up to vote on polling day itself, so on Saturday, May 3 we will have 700 polling places open across the state,” Australian Electoral Commission WA spokeswoman Anita Ratcliffe told 9 News Perth.
More than 200,000 West Australians have already applied to vote via the post.
A tightly held block of land in Perth’s southern suburbs, which had an entire suburb built around it, has sold to an overseas developer for a staggering $4 million.
After four decades of holding out selling to developers, the family listed the six-acre Wattleup Road property in Hammond Park for sale last September.
The cash sale price is believed to be a record for the area.
This large property stands out among a sea of new builds in Hammond Park.Credit: Effective Property Solutions
Effective Property Solutions head of property investment Ollie Salimi said the sale received eight offers from established developers.
“The successful buyer is an overseas-based vertically integrated building and development company,” he said.
“The plan is to use the site for residential development to meet strong demand for homes in this flourishing southern Perth suburb that’s a major growth corridor.”
Salimi said the family was thrilled to finally secure a sale of the prime urban infill site after a number of unsuccessful efforts.
“This family had fielded many approaches by developers over a decade and had listed the land on this prominent road twice before, however, it was only on this third attempt that the sale got over the line with all parties,” he said.
“It proved worth the wait with the price exceeding the sellers’ expectations by 20 per cent.”
The property includes a double-brick home with four bedrooms, two bathrooms and a semi-detached two-bedroom granny flat.
Making headlines across the country and around the world:
- Pope Francis, the reforming head of the Catholic Church who sought to modernise the pastoral and public priorities of the Vatican, has died at the age of 88.
- Predicting the next pope can be a fool’s errand. Still, there are always front-runners, and here are some being talked about to succeed Pope Francis.
A faithful holds an image of Pope Francis during a mass for his passing at the Basilica of Guadalupe on April 21, 2025 in Mexico City.Credit: Getty
- Aussie beef is on menu as the trade war hits Beijing’s American-style restaurants.
- US President Donald Trump is standing by his embattled Defence Secretary Pete Hegseth after a damaging story revealed the Pentagon boss shared sensitive military information on a second group chat that included members of his family and his personal lawyer.
Warm today, with a possible late shower. Top of 32 degrees after a low of 18.
Good morning readers, and welcome to our live news blog for Tuesday, April 22.
Making headlines this morning is new property data revealing Perth’s best-performing suburbs are making millionaires out of home owners as median house prices lift by as much as $500,000 in the past year.
But other suburbs are sliding backwards, shedding up to $100,000 from their median prices in the same period.
Read Sarah Brookes’ story for more.
WAtoday reporter Jesinta Burton and Momentum Wealth founder Damian Collins at Longview Cottesloe.Credit: Colin Murty.
And speaking of property, the latest Perth business figure to sit down with WAtoday reporter Jesinta Burton for a tell-all lunch is Damian Collins, the founder of Momentum Wealth who will be recognisable to many through his role as president of the Real Estate Industry of WA.
Backdropped by panoramic views of the Indian Ocean at Longview Cottesloe, Collins discusses his early foray into accounting, what drew him towards property, and the best financial advice he ever received.
And finally, our food critic Max Veenhuyzen ventures into Ginza Nana Alley to find a truly intimate 12-seater restaurant paying homage to Japan’s kappo cuisine.
While the menu includes wagyu, snow crab and other luxury items, it’s the humbler dishes that leave the biggest impression.
So, is Ginza Midai worthy of an esteemed Good Food Hat? Read the review to find out for yourself.
Thank you for joining us today, readers. Stay tuned as we bring you all the news you need to know.
