Patanga
An intentional community
Shares for sale
Occasionally a member moves on and their share becomes available for purchase. At the moment ther are 2 shares for sale.
To help ensure compatibility between a prospective new member and Patanga there is a "getting to know you" process.
This begins with a written expression of interest from the prospective new member. The applicant should include a brief outline of themselves, their reasons for choosing the community, and their hopes and plans for their future.
The process then involves participation, as fully as possible, in the life and work of the community, including attendance at two meetings.
A stake in Patanga is determined by the price of a share and any improvements to that share. In 1981, the original share price was $8,000 for an 'undeveloped' share.
The share price is assessed according to the most recent Consumer Price Index (CPI) (weighted average over all capital cities in Australia) figure. The share price in 2009 was about $55,000.
When a share is for sale, the share price is calculated according to the last (three-monthly) CPI figure and the price of improvements to the share (house, buildings etc) is negotiated between the out-going shareholder and the prospective buyer.
Click here to see the one available immeadiatly. Another share is available for viewing, but will not be available until early 2011.
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