❓ Hon Tim Clifford asks about the sale of publicly owned houses since October 1, 2025, specifically regarding sale prices and instances where offers exceeded the final sale price. The response indicates low sales and reinvestment of proceeds.
✅ AnsweredQoN 1404Legislative Council
Portfolio: Housing and Works
Question
(1) How many publicly owned houses have been sold under $850,000 since 1 October 2025?(2) How many publicly owned houses have been sold over $850,000 since 1 October 2025?(3) Of those sold under $850,000 at (1), how many were offered an amount over the final sale price?(4) Of those sold over $850,000 at (2), how many were offered an amount over the final sale price?
Answer
1. 12
2. 1
3. – 4. Sales of social housing remains at record lows. Housing is sold at market value with proceeds reinvested into social housing stock.
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