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Legislative Assembly for the ACT: 1997 Week 6 Hansard (19 June) . . Page.. 1893 ..

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

(1) and (5)

A total of 24 three bedroom houses were sold by ACT Housing between 1 April 1997 and 12 May 1997. The details of these properties are listed below.

SUBURB SALE PRICE DATE SALE TYPE + $ - MAINTENANCE
SOLD

NARRABUNDAH $100,000 4/4/1997 Post Auction within range $4,465

KAMBAH $77,000 4/4/1997 Post Auction within range $1,140

CHARNWOOD $72,000 4/4/1997 Post Auction - $3000 $1,085

HACKETT $120,000 11/4/1997 Post Auction within range $186

BELCONNEN . $101,000 11/4/1997 Post Auction +$1000 $3,035

MACQUARIE $100,000 11/4/1997 Post Auction - $5000 $2,555

CHISHOLM $85,000 11/4/1997 Post Auction within range $5,049

RICHARDSON $85,000 11/4/1997 Post Auction within range $3,760

REID $218,000 11/4/1997 Post Auction within range $1,545

DOWNER $95,000 11/4/1997 Post Auction within range $3,935

WANNIASSA $79,500 18/4/1997 Post Auction +$4,500 $3,953

YARRALUMLA $175,000 18/4/1997 Auction within range $2,340

O'CONNOR $143,000 16/4/1997 Post Auction within range $4,895

CHARNWOOD $74,000 24/4/1997 Post Auction within range $4,370

KAMBAH $86,000 24/4/1997 Post Auction within range $3,865

RICHARDSON $85,000 22/4/1997 Post Auction within range $3,950

KAMBAH $83,000 24/4/1997 Post Auction within range $4,225

DEAKIN $184,000 16/4/1997 Auction +$19,000 $490

MACGREGOR $84,000 30/4/1997 Post Auction within range $540

O'CONNOR $148,000 30/4/1997 Auction +$1,000 $4,335

WANNIASSA $76,000 2/4/1997 Post Auction within range $3,530

WANNIASSA $82,000 7/4/1997 Post Auction within range $4,865

STIRLING $100,000 2/4/1997 Sale to Tenant market value NIL

KAMBAH $88,000 2/4/1997 Sale to Tenant market value NIL

(2)

Nil

(3)

Nil

(4)

All ACT Housing properties sold by auction have basic repairs and maintenance carried out to bring them up to a saleable standard and to maximise return. The extent of repairs is determined by the state of the property when it is vacated. The cost of maintenance on each property sold between 1 April 1997 and 12 May 1997 is listed in the table above.

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