❓ A parliamentary question addresses the release of stage 2 of the Januburu Six Seasons development in Broome, inquiring about the release date, number of blocks, preference for local residents, and potential price increases. The Minister provides information on the release timeline, ballot process, and valuation methods.
AnsweredQoN 451Legislative Council
QuestionView source ↗
JANUBURU SIX SEASONS DEVELOPMENT, BROOME - LANDCORP BLOCKS
I refer to LandCorp’s Januburu Six Seasons development in Broome. (1) When will stage 2 be released? (2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA
I refer to LandCorp’s Januburu Six Seasons development in Broome. (1) When will stage 2 be released? (2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA
AnswerView source ↗
I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(1) When will stage 2 be released? (2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(1) When will stage 2 be released? (2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(2) Given that demand strongly exceeded supply in stage 1, how many blocks will be released in stage 2 and will this also be by ballot? (3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(3) How many unsuccessful stage 1 bidders were Broome residents, and will these people be given preference to purchase stage 2 lots at stage 1 prices; and, if not, why not? (4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(4) Will the price of blocks increase in stage 2; and, if so, by what percentage and why? Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
Hon ADELE FARINA replied: I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
I thank the honourable member for some notice of this question. (1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(1) Marketing of the stage 2 release will commence in September 2006. (2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(2) Forty-seven lots in stage 2 will be released via a second ballot, with any blocks in stage 1 on which purchasers were unable to settle also being included in the ballot. (3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(3) It is understood that 20 ballots submitted by Broome residents were unsuccessful as part of the stage 1 ballot. Those who were unsuccessful in stage 1 will be sent ballot packs for stage 2. (4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
(4) The price of lots in stage 2 has not yet been determined. LandCorp will obtain market valuations from the Valuer General’s Office, as well as two independent valuations and a market appraisal, to assist in setting the lot prices for the release.
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