A parliamentary question regarding the sale of 100 residential lots in Karratha, focusing on sales to first home buyers, owner-occupiers, and investors. The answer reveals that 84 lots were sold, and the remaining 16 were contracted to first home buyers who couldn't secure finance.

AnsweredQoN 6258Legislative Assembly
Asked
29 September 2011
Portfolio
Lands

QuestionView source ↗

I refer to the Minister’s media release of 10 November 2010 headlined ‘Karratha receives housing boost with 100 residential lots now available’, and I ask:
(a) how many of these lots have been sold;
(b) of those 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?

AnswerView source ↗

Answered
1 November 2011
Responded by
Minister for Lands
Response time
33 days
(a) 84 of the 100 residential lots have been contracted or settled. The remaining 16 lots were contracted to first home buyers who were not able to secure finance. It is anticipated that these lots will be released in the next stage of Baynton West.
(b)(i) All lots have been allocated to first home buyers.
(b)(ii) All first home buyers are required to own and occupy the established home.
(b)(iii) Not applicable.
(b)(iv) Not applicable.
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