The Milado Family Sells Iconic Property After Decades in Australia

For decades, the Miliado family’s three-acre property stood as a green oasis in the rapidly growing suburb of Salisbury, Adelaide. Surrounded by modern homes, their refusal to sell became a symbol of defiance and attachment to heritage.

The family acquired the land in the 1950s, when the area was quiet and largely undeveloped. Over time, the suburb expanded with new houses and infrastructure, but the Milados held firm to their late parents’ wishes to preserve the family legacy.

The property featured a simple three-bedroom home built in 1955 and a large shed. Its untouched interiors offered a rare glimpse into mid-20th-century life, contrasting sharply with the sleek, contemporary homes nearby.

After decades of resisting offers, the family decided to sell following the passing of their parents. Financial pressures and the emotional toll of maintaining the property led them to put it on the market.

The sale attracted intense interest, with 20 developers competing in an auction. Initially listed at AUD 3.6 million, bidding soared to over AUD 6 million, far exceeding expectations.

While the sale brought financial relief, it marked the end of an era for the Milado family. Real estate agent Tom Hector noted the emotional difficulty, emphasizing that it was always their parents’ wish never to sell.

The property’s prime location near schools and shopping centers makes it highly valuable for residential development. Urban planners now envision transforming the land into a thriving community to meet modern needs.

The Milado family’s story highlights the ongoing tension between preserving heritage and accommodating relentless urban growth in expanding suburbs.

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