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Parliamentary Questions

Question On Notice No. 497 asked in the Legislative Council on 1 November 2017 by Hon Tim Clifford

Question Directed to the: Minister for Environment representing the Minister for Planning
Minister responding: Hon R. Saffioti
Parliament: 40 Session: 1
Question


What has been the percentage of housing set aside as affordable housing on each Landcorp development for each of the following financial years:

(a) 2014-15;
(b) 2015-16; and
(c) 2016-17?
Answered on 6 December 2017

LandCorp has achieved the following affordability performance on single residential lot sales. Affordability performance reporting has changed over time.

(a) 2014-15

Affordability measurePercentage of lots sold
Lots sold at or below the state-wide median lot price ($245,000)52
Lots sold at or below the metropolitan median lot price ($268,000)67
lots sold at or below the regional median lot price ($172,750)40

(b) 2015-16

Affordability measurePercentage of lots sold
Lots sold in metropolitan Perth at or below an affordable price (based on affordability price points provided by the Department of Communities)46
Lots sold at or below the REIWA metropolitan median lot price ($261,000)57
Lots sold at or below the REIWA metropolitan lower quartile lot price ($215,000)25
Lots sold at or below the REIWA regional median lot price ($177,500)57
Lots sold at or below the REIWA regional lower quartile lot price ($135,000)27

(c) 2016-17

Affordability measurePercentage of lots sold
Lots sold in metropolitan Perth at or below an affordable price (based on affordability price points provided by the Department of Communities)60
Lots sold at or below the REIWA metropolitan median lot price ($252,000)60
Lots sold at or below the REIWA metropolitan lower quartile lot price ($200,000)29
Lots sold in regional WA at or below an affordable price (based on affordability price points provided by the Department of Communities)77
Lots sold at or below the REIWA regional median lot price ($173,000)67
Lots sold at or below the REIWA regional lower quartile lot price ($130,000)51