Legislative Assembly for the ACT: 2011 Week 3 Hansard (30 March) . . Page.. 1067..
$328,000 will deliver just in this one year when that housing is delivered 1,000 units or thereabouts of housing in the ACT valued at less than $328,000.
It is very interesting to look at the statistics of the last three years. It is hard to get them published but it is interesting to look at the number of houses sold in just, say, the last two years valued at under $10,000, the number of houses that are exchanged, the number of houses that are bought not just through new estates but are actually bought from existing stock. Thousands of houses are bought and sold each year. In fact, I think the latest number from memory is that over the last year, over the last 12 months, 6,000 houses in the ACT were bought for less than $400,000.
Median house prices have increased, and they have increased quite significantly. The top end of the market is incredibly strong. We have moved from a situation now where there are whole streets full of million dollar houses. It is actually distorting some of the information available, most particularly in relation to the number of houses at the lower end that are still available. (Time expired.)
Mr Stanhope: Mr Speaker, I ask that further questions be placed on the notice paper.
Supplementary answers to questions without notice
MR CORBELL: Today in question time Ms Le Couteur asked me, in relation to the sustainable energy policy, whether my department had contacted any of the organisations that provided submissions to the draft policy.
I can advise Ms Le Couteur that receipt of the submissions was acknowledged by email. Further contact would only have been made if the submission was unclear or required further discussion. As submissions were self-explanatory, this was not required.
Climate change—community grant round
MR CORBELL: Yesterday in question time Ms Hunter asked me a series of questions relating to the 2010 community climate change grant round. In particular, Ms Hunter asked me about the six-week period that she believes should apply in relation to grants and the fact that applications are only available for a four-week period.
I can advise Ms Hunter that I put out a media release on the community climate change grants program and the fact that the application process was open on 4 March this year. The grants were also advertised in the newspaper on 5 March. Applications were due on 31 March. Given that there were no major public holidays, it is my view and the government's view that a four-week application period is a reasonable one.
The department has received a number of inquiries and has already received one application in response to the advertisement for applications. The government would like to assess the applications in a timely way so as to be able to make these grants moneys available. Potential applicants have not expressed any concern to my