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Legislative Assembly for the ACT: 1997 Week 3 Hansard (10 April) . . Page.. 941 ..

MR STEFANIAK - The answer to the Member's question is as follows:

Please note the answers to questions 1 and 2 were previously given in QON 357 to 30 November 1996 and are unchanged. The following answers relate to the period between 30 November 1996 to 31 January 1997.

(1) Three

(2) (a)(b)&(c) See table 1. It should be noted that all properties are sold at or above valuation. The method of sale is by auction and a reserve price is set prior to auction. If the property is passed in at auction, a market price is established based on the original valuation and feedback from the agent during the marketing period, after which the property is offered for sale by private treaty.

(d) All three properties sold were vacant at the time of the decision to sell in line with ACT Housing's current sales policy.

(e) ACT Housing's current sales policy is to only sell properties which have become vacant and have been assessed as no longer meeting ACT Housing's stock requirements. This does not apply to properties sold under the Sale to Tenant Program.

(f) All vacated properties were the result of tenant decisions to vacate.

(3) 15

Nine of these sites are programmed for redevelopment resulting in the construction of adaptable designed houses. Demolition is to be completed in March and April 1997 with the construction of these houses to commence immediately. Six are vacant awaiting a Variation to the Territory Plan as a result of the Local Area Plan currently being developed for Ainslie.

They have been vacant since:-

6 March 1994

14 March 1994

30 April 1994

11 May 1994

15 May 1994

12 December 1994

22 December 1994

7 June 1995

6 July 1995

12 October 1995

14 November 1995

10 April 1996

14 May 1996

24 October 1996

13 January 1997

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