35109 (2026). Hon Damien O'Connor to the Minister for Land Information

35109 (2026). Hon Damien O'Connor to the Minister for Land Information: How many consents were granted under the "$5 million plus house" pathway in each quarter since the pathway commenced, what was the total and average value of those transactions, and how many applications were declined?

Mike Butterick: I refer the Member to the attachment for the first part of the question. The total value of the consideration provided was $188,495,250, and the average value was $9,424,762.50. Six of the 20 consents involve the investors building a new home on the land, and the total and average consideration above excludes the value of any construction to be undertaken. While no applications have been declined, one was not accepted for processing as it related to land that was not eligible for the “$5 millions plus house” pathway.