❓ Question regarding LandCorp's property acquisitions in Hope Valley, including pricing, hardship cases, valuation methods, appeals, remaining properties, and purchase timetable. The answer provides details on the number of purchases, average prices, valuation process, appeal avenues, and future purchase plans.
AnsweredQoN 573Legislative Assembly
QuestionView source ↗
(b) what was the average price paid in each of these years; (c) have any cases been treated as hardship; (d) if so, how many; (e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(c) have any cases been treated as hardship; (d) if so, how many; (e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(d) if so, how many; (e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(k) if so, is there a timetable for their purchase?
(b) While the average price is provided herein the average prices are distorted due to the vast range in values of the properties purchased. Average prices for the years stipulated are 2000 – no purchases 2001 - $177,489 2002 – $217,114. (c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell. (d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell. (d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(c) have any cases been treated as hardship; (d) if so, how many; (e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(d) if so, how many; (e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(e) what method is being used to determine prices being paid for properties; (f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(f) is there any avenue of appeal against Landcorp valuations; (g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(g) if so, how many appeals have been lodged; (h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(h) if not, why not; (i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(i) how many properties are still in private ownership in Hope Valley; (j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(j) is it proposed that Landcorp will continue to negotiate to buy these; and (k) if so, is there a timetable for their purchase?
(k) if so, is there a timetable for their purchase?
(b) While the average price is provided herein the average prices are distorted due to the vast range in values of the properties purchased. Average prices for the years stipulated are 2000 – no purchases 2001 - $177,489 2002 – $217,114. (c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell. (d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell. (d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(d) Nil. (e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained. (f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment. (g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(g) 6 vendors have been through the process outlined in (f). (h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(h) Not applicable see (f) (g). (i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(i) 47 residential properties remained in private ownership as of 1 January 2003. (j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell. (k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
(k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
AnswerView source ↗
Answered
25 February 2003
Responded by
Minister for Planning and Infrastructure
Response time
91 days
(a) LandCorp assumed responsibility for purchase of residential properties in the Hope Valley townsite with the promulgation of the Hope Valley Wattleup Redevelopment Act on 1 January 2001.
Purchases in the years stipulated were:
2000 – no purchases
2001 – 23
2002 – 11.
(b) While the average price is provided herein the average prices are distorted due to the vast range in values of the properties purchased.
Average prices for the years stipulated are
2000 – no purchases
2001 - $177,489
2002 – $217,114.
(c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell.
(d) Nil.
(e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained.
(f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment.
(g) 6 vendors have been through the process outlined in (f).
(h) Not applicable see (f) (g).
(i) 47 residential properties remained in private ownership as of 1 January 2003.
(j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell.
(k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
Purchases in the years stipulated were:
2000 – no purchases
2001 – 23
2002 – 11.
(b) While the average price is provided herein the average prices are distorted due to the vast range in values of the properties purchased.
Average prices for the years stipulated are
2000 – no purchases
2001 - $177,489
2002 – $217,114.
(c) No, all owners of residential properties within Hope Valley townsite have been given the opportunity to sell.
(d) Nil.
(e) A panel of independent valuers has been appointed to establish the market value of properties where owners have requested Government to purchase. Two valuers inspect each property and determine a value based upon the most recent available sales data from within the project area and from suburbs identified by the Valuer General's Office as being comparable to Hope Valley. The offer to the vendor is at the average of the two valuations obtained.
(f) Yes. In cases where vendors have not been satisfied with offers being made a third valuer is appointed to review the advice obtained. The valuer is required to meet with the vendor and become cognizant of the issues the vendor feels have been overlooked prior to undertaking the assessment.
(g) 6 vendors have been through the process outlined in (f).
(h) Not applicable see (f) (g).
(i) 47 residential properties remained in private ownership as of 1 January 2003.
(j) LandCorp is continuing to stand in the market place to acquire all remaining residential properties where the owners indicate a desire to sell.
(k) Government has committed to make offers to purchase to all people owning residential properties in Hope Valley by December 2003.
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