I refer to the Minister’s media release of 21 October 2010 headlined ‘West Australian developer selected to deliver new Karratha estate’, and I ask: (a) how many of the up to 323 dwellings referred to

AnsweredQoN 6268Legislative Assembly
Asked
29 September 2011
Portfolio
Lands

QuestionView source ↗

I refer to the Minister’s media release of 21 October 2010 headlined ‘West Australian developer selected to deliver new Karratha estate’, and I ask:
(a) how many of the up to 323 dwellings referred to in this announcement have been completed for occupation by residents;
(b) how many rental houses at the LandCorp’s grouped housing site at the Tambrey residential estate have been completed for occupation by residents; and
(i) who owns these rental houses;
(ii) what is the range of rents per week for these rental houses; and
(iii) what is the rental yield on these rental houses;
(c) were residential home sites, as referred to in the Minister’s announcement, released for sale in July 2010; and
(i) if yes, how many sites have been released for sale, and what is the price range for these sites; and
(ii) if no, when will these sites be released for sale, and at what price range;
(d) if any sites have been sold, how many have been sold to:
(i) first home buyers;
(ii) owner-occupiers;
(iii) investors resident in Karratha; and
(iv) investors not resident in Karratha;
(e) how many sites have become available at LandCorp’s 93 hectare Baynton West site, as referred to in the Minister’s announcement, and how many of these sites have been sold;
(f) of these sales, how many were sold to:
(i) first home buyers;
(ii) owner-occupiers;
(iii) investors from Karratha;
(iv) investors not resident in Karratha; and
(g) how many of the 1,100 homes referred to in the Minister’s announcement are complete and ready for occupation by residents?

AnswerView source ↗

Answered
2 November 2011
Responded by
Minister for Lands
Response time
34 days
(a) Rezoning is due to be completed in October 2011 with subdivision approval to follow.
(b) The site has been fully developed with 11 dwellings.
(b)(i-iii) LandCorp sold the site to Pindan Constructions who have built and leased the associated dwellings. The homes are leased under private commercial arrangements and additional information is not available to LandCorp.
(c) It is assumed the question should refer to 'July 2011' rather than 'July 2010' as referenced in the Ministerial media statement.
(c)(i) Not applicable.
(c)(ii) LandCorp is currently negotiating the contract of sale for the 24 hectare site, however rezoning has been approved but not yet gazetted. Sub-division approval will follow shortly after.
(d) No sites have been sold.
(d)(i-iv) Not applicable.
(e) 450 lots were made available as per the Minister's announcement and 372 of these have been sold.
(f)(i) 100 of the 450 lots were allocated to first home buyers. 84 of the 100 lots have either been contracted or settled.
(f)(ii) As all first home buyers are required to own and occupy the home, as per the contract of sale, 84 lots have been sold to owner occupiers. All other lots are not subject to sales conditions stipulating that the properties must be occupied by the owners and therefore it is not possible to say how many of these additional lots are occupied by owners.
(f)(iii-iv) 150 of the 450 lots were allocated to house and land packages. There was no requirement for the purchaser to occupy the home.
(g) Approximately 150 homes have been completed and are ready for occupation by residents.
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