Question on Notice regarding the distribution of First Start Home loans across various regions of Western Australia, including metropolitan areas, mining/pastoral regions, agricultural areas, and the South-West. The answer provides detailed statistics on loan approvals and amounts.

AnsweredQoN 2238Legislative Assembly
Asked
8 May 2007
Portfolio
Housing and Works

QuestionView source ↗

(b) South Metropolitan; (c) East Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(c) East Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(d) Mining and Pastoral; and (e) Agricultural?
(e) Agricultural?
(b) Busselton; (c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(d) Augusta/Margaret River; and (e) Manjimup?
(e) Manjimup?
(b) South Metropolitan; (c) East Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(c) East Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(d) Mining and Pastoral; and (e) Agricultural?
(e) Agricultural?
(b) Busselton; (c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(d) Augusta/Margaret River; and (e) Manjimup?
(e) Manjimup?
(b) East Metropolitan; (c) South Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(c) South Metropolitan; (d) Mining and Pastoral; and (e) Agricultural?
(d) Mining and Pastoral; and (e) Agricultural?
(e) Agricultural?
(b) Busselton; (c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(c) Capel; (d) Augusta/Margaret River; and (e) Manjimup?
(d) Augusta/Margaret River; and (e) Manjimup?
(e) Manjimup?

AnswerView source ↗

Answered
20 June 2007
Responded by
Minister for Housing and Works
Response time
43 days
Under the scheme, the State Government, through the Department of Housing and Works, will purchase a share in the property and provide the homebuyer with a Keystart low-deposit loan to purchase the remaining share. The Department will purchase up to 40 percent for families with incomes under $60,000; up to 30 per cent for couples with incomes under $50,000; and up to 30 per cent for singles with incomes under $35,000. Already, overall more than 200 West Australian households have been approved for a First Start Home loan and have purchased or are in the process of purchasing a property. Homes already purchased have ranged from $124,000 to $365,000. Properties have been purchased throughout the State including in Perth, Albany, Armadale, Bentley, Clarkson, Mandurah, Nollamara, Northam, Port Kennedy, Wanneroo, Wagin and Yokine. The dollar value of the homes purchased is $17.107 million. The Department of Housing and Works advises the following information is current as at 21 May 2007: 1. (a) North Metropolitan; 1749 (b) South Metropolitan;682 (c) East Metropolitan; 918 (d) Mining and Pastoral 81 (e) Agricultural206 2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
Already, overall more than 200 West Australian households have been approved for a First Start Home loan and have purchased or are in the process of purchasing a property. Homes already purchased have ranged from $124,000 to $365,000. Properties have been purchased throughout the State including in Perth, Albany, Armadale, Bentley, Clarkson, Mandurah, Nollamara, Northam, Port Kennedy, Wanneroo, Wagin and Yokine. The dollar value of the homes purchased is $17.107 million. The Department of Housing and Works advises the following information is current as at 21 May 2007: 1. (a) North Metropolitan; 1749 (b) South Metropolitan;682 (c) East Metropolitan; 918 (d) Mining and Pastoral 81 (e) Agricultural206 2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
Homes already purchased have ranged from $124,000 to $365,000. Properties have been purchased throughout the State including in Perth, Albany, Armadale, Bentley, Clarkson, Mandurah, Nollamara, Northam, Port Kennedy, Wanneroo, Wagin and Yokine. The dollar value of the homes purchased is $17.107 million. The Department of Housing and Works advises the following information is current as at 21 May 2007: 1. (a) North Metropolitan; 1749 (b) South Metropolitan;682 (c) East Metropolitan; 918 (d) Mining and Pastoral 81 (e) Agricultural206 2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
The Department of Housing and Works advises the following information is current as at 21 May 2007: 1. (a) North Metropolitan; 1749 (b) South Metropolitan;682 (c) East Metropolitan; 918 (d) Mining and Pastoral 81 (e) Agricultural206 2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
1. (a) North Metropolitan; 1749 (b) South Metropolitan;682 (c) East Metropolitan; 918 (d) Mining and Pastoral 81 (e) Agricultural206 2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
2. 229 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. 3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
3. (a) North Metropolitan; 88 (b) South Metropolitan; 31 (c) East Metropolitan; 42 (d) Mining and Pastoral;5 (e) Agricultural9 4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
4. 8 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
Keystart Loan $M 5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
5.(a) North Metropolitan; 15.5 (b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
(b) East Metropolitan; 7.0 (c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
(c) South Metropolitan; 4.8 (d) Mining and Pastoral; 0.6 (e) Agricultural 1.2 The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
Keystart Loan $M 6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
6. 1.4 in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
in the South-West including Bunbury, Busselton, Capel, Augusta, Margaret River and Manjimup. Bunbury includes Carey Park, Eaton, Usher and Glen Iris. The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
The above amounts are loan amounts, the value of the Department's equity share is additional. The final loan amount may vary depending on the actual price paid for the property. 7. Interest rate is standard Keystart rate of 7.99%.
7. Interest rate is standard Keystart rate of 7.99%.

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