House Prices in Kingfisher Bay - Report

Added on - 28 May 2020

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Running head: HOUSE PRICES IN KINGFISHER BAYHOUSE PRICES IN KINGFISHER BAYName of StudentName of the UniversityAuthor Note
1HOUSE PRICES IN KINGFISHER BAYExecutive Summary:This report is based on the city of Kingfisher Bay, Melbourne. Kingfisher Bay is known as oneof the most expensive area of Melbourne. The house prices and the rents generally remains sky-high and this has created a concern in the government council. The council has collected fewdata from various trusted sources and want to analyse the data regarding the expensiveness limitof the area. The data are based on various facts like the price of the houses, the distance of thehouses from the local amenities like the bus stand, the railway stations, the stores and others.They also analyse the condition of the house like the storeys, the present condition of it, theavailability of the air conditions. They are also divided among the different suburbs which arethree in number. These data are to be tested on few points like what should be the average priceof the houses and what are the proportions for the age of the houses and other characteristics.The detailed report is stated below.
2HOUSE PRICES IN KINGFISHER BAYTable of ContentsHouse Prices in Kingfisher Bay.......................................................................................................4House Prices Vs. Condition/Suburbs...............................................................................................6House Prices Vs. Factors Influencing House Prices:.......................................................................8Concerns Raised By Real Estate Agents And Developers:.............................................................9Future Survey.................................................................................................................................10References:....................................................................................................................................12
3HOUSE PRICES IN KINGFISHER BAYDate:20th December 2017To:Hannah Zhou, Director, Housing Affordability Division, Real Estate InstituteFrom: Sandy Stedwell, Manager, Research and Analysis, Real Estate InstituteSubject: Analysis of Kingfisher Bay’s housing and rental dataDear Hannah,I want through your letter and came across the reason of your concern. The city ofKingfisher Bay in being considered to be one of the most expensive areas of the country. Thehouses rents and the house prices are announced to be rarely low and this thing is creating ahinder regarding the attraction of this area. Lots of people are really not being able to afford thehouses of the said area. These reports needs to be analyses proper on the basis of the a few datasets so as the situation can be controlled with proper measures.I have received the data set as well and I have gone through the required analysis andprovide the required results that are the answers of the mentioned questions.
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