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Legislative Assembly for the ACT: 1997 Week 10 Hansard (25 September) . . Page.. 3404 ..


MINISTER FOR HOUSING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 468

Housing Trust - Purchases

MS REILLY - asked the Minister for Housing and Family Services - In relation to ACT Housing -

(1) How many properties were purchased by ACT Housing from 1 July 1997 to 31 August 1997 for rental accommodation stock.

(2) Can you provide the following details of these properties.

(a) the location including street address of each property.

(b) the dwelling type and size of properties for each property purchased.

(c) the purchase price of each of these properties.

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

(1)

Only one property has been purchased between the date of 1 July 1997 and 31 August 1997. The details of this property are listed below.

(2) (a), (b), & (c) inclusive.

Suburb Sec Blk Address Cladding No. of Dwelling Dwelling Purchase
Type Bed `s Type Size (m2) Price

AINSLIE 29 24 14 SUTTOR RENDERED 3 HOUSE 105 $177,000
ST BRICK

All properties purchased form part of the overall strategic plan for ACT Housing. All were subject to an independent valuation prior to purchase. The purchase price was then negotiated.

All properties purchased fulfilled an identified need within our client group, either by type or location.


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