What's Going On at Miller's Point?

Last week the first two sales of two state-owned properties at Millers Point went under the hammer.

The estimated price tag for one of these houses was between $1.5 to $1.6 million dollars, but it sold for $2.56 million. The second property which was initially set at around one million, sold for a massive one million, nine hundred thousand dollars.

The state government has refused to disclose what the reserve price was for these first two auctions, leaving many wondering about the nature of these two sales.

Opposition Housing Minister Sophie Cotsis joined host Sam King, to talk us through her concerns.
Producer: Kim Williams


http://www.2ser.com/get-involved/jobs/item/10829-what-s-going-on-at-miller-s-point