ESTATES AIM FOR A SENSE OF COMMUNITY
monly sold land in the Perth metro area measured 700sq m in 1985, compared to the 375sq m site that represents more than 60 per cent of today’s sales.
The most popular areas to buy in three decades ago were Leeming, Bull Creek and Murdoch in Perth’s south and Duncraig, Marangaroo, Ballajura, Alexander Heights, Kingsley and Woodvale in the north. Today, the company recorded the most sales at Ellenbrook in Perth’s north-east and Heron Park in the south-eastern suburb of Harrisdale.
Mr Satterley said land prices had also undergone a dramatic change in the past 30 years.
“In 1985, the prices of home sites were between approximately $19,500 and $29,500; today the price of home sites are on average priced around $250,000.”
He said the market provided a wider variety of options so buyers could find a home site suiting their individual needs and lifestyle.
PROMINENT Perth property developer Nigel Satterley says housing estates have more public open space than 30 years ago to reflect the increase in West Australians’ active lifestyles.
The Satterley Property Group chief executive said the company’s residential land developments were now more community focused.
“People today want access to a healthy outdoor lifestyle, which is why our estates are focused on providing easy access to the great outdoors and walkable neighbourhoods with a real sense of community,” Mr Satterley said.
He said the company started developing neighbourhood parks in 1985, which were not a common feature in land development at the time but had since become a necessity.
About 25 per cent of today’s estates comprised public open space, including landscaped family parks, retained bush land and conservation areas.
“In response to demand from home buyers over the last 30 years, we changed our focus to start developing attractive and liveable family communities with friendly neighbourhoods.
“Our master-planned communities are now developed with a blueprint to cater to the current and future needs of residents and to respond to the demands of modern life.”
Satterley has also observed a growing demand for smaller sized blocks, reporting the most com-