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❓ Question regarding the White Gum Valley residential development, specifically concerning the number of proposals received, the status of specific lots, and sales activity compared to LandCorp estimates. The answer provides factual information about the project's progress.

AnsweredQoN 5228Legislative Assembly

Asked

15 March 2016

Member

Mr P.C. Tinley

Portfolio

Lands

QuestionView source ↗

I refer to the White Gum Valley residential development at White Gum Valley and ask: (a) how many developers or builders made a submission under the request for proposal process for the year ending in September 2015; (b) what is the current status of Lot 1, and Lot 11; and (c) how many residential lots have sold to date, how many are under offer, and how does this sales activity compare with Landcorp estimates?

AnswerView source ↗

Answered

10 May 2016

Responded by

Minister for Lands

Response time

56 days

(a)       LandCorp received five submissions in response to the Request for Proposal that closed on 22 September 2015.
(b)       Lot 1 and Lot 11 are under separate contracts of sale with both lots due to settle in May 2016.
(c)        To date five single residential lots and one apartment site have settled, and a further six single residential lots are under contract. The sales take up rate is steady, reflecting current market conditions.

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