Question – Huntingfield Development

Questions answered by the Hon Michael Ferguson Minister for Housing  on 26 October 2021.     

Given that the Huntingfield development is public land:

QUESTION 1: How has the sale price for land been determined?

Answer 1: The sale prices have not been determined.

The subdivision has been carefully designed to provide a range of lot sizes and densities to accommodate a broad range of home sizes and price points.

The sale price of the land will be determined by the Director of Housing in accordance with the provisions of Part IV of the Homes Act 1935 and based on advice from the Valuer-General. Sale prices will be set closer to the date of any sales occurring.

QUESTION 2: How have the costs and sale price for the houses the Government plan to build and sell been determined?

Answer 2: The sale price for any houses to be sold will be determined after the build costs of any such homes are known.

No home designs have been considered as yet. Any designs presented to or commissioned by the Director of Housing will be selected on a range of criteria including build cost, ongoing maintenance, energy efficiency and ongoing running costs as well as amenity, aesthetics and suitability of design.

The sale price of any houses sold by the Director of Housing will be in accordance with the provisions of Part IV of the Homes Act 1935.

QUESTION 3: How much public money will be generated from the sale of this public land?

Answer 3: This will be dependent upon the sale price of homes that are sold, which is yet to be determined.

As per previous answer above, the sale price of any houses sold by the Director of Housing will be in accordance with the provisions of Part IV of the Homes Act 1935 and based on advice from the Valuer General. Sale prices will be set closer to the date of any sales occurring.

QUESTION 4: How did Government decide who will develop the land? Please provide details of the selection processes used and specify the developers selected.

Answer 4: The procurement process for a developer, or developers, has not been decided at this time. Any procurement will be in accordance with the Financial Management Act 2016, and any Treasurer’s Instructions issued under that Act.

The Treasurers Instruction’s and accompanying guidelines determine market approach as appropriate for the value and nature of procurement.

The Treasurers Instruction’s and accompanying guidelines also provide guidance on assessment criteria and evaluation of submissions for a procurement.

QUESTION 5: Have any of these developers made donations to the Liberal party since 2010? If yes, please specify which developers and the amount of that donation.

Answer 5: No developers have been selected.

QUESTION 6: What is the estimated cost per block for developing this land?

Answer 6: The detailed design process will commence after Kingborough Council issue a planning permit together with development conditions. Once the detailed design is complete it will be possible to estimate a cost per lot.

Based on recent subdivision works costs are expected to be around $75 000 to $ I 00 000 per lot.

QUESTION 7: What is the estimated sale price per block for the developed land?

Answer 7: As detailed above, the sale price for the land will not be determined  until closer to the release date. Sale prices will be supported by advice from the Valuer-General and will reflect values at that point in time.

QUESTION 8: For the Huntingfield site, how will the Government guarantee:

• social housing will be built and will remain social housing stock
• affordable housing will be built and that these houses will remain affordable housing stock.

Answer 8:  As previously advised the Government has committed to delivering at least 15 per cent of social and affordable housing on the site.

See earlier Huntingfield development Questions 

See more Questions asked in Parliament by Meg