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House Prices and Rents of Kingfisher Bay in Melbourne

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Added on  2020-05-28

House Prices and Rents of Kingfisher Bay in Melbourne

   Added on 2020-05-28

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Running head: HOUSE PRICS IN KINGFISHER BAYHOUSE PRICS IN KINGFISHER BAYName of StudentName of the UniversityAuthor Note
House Prices and Rents of Kingfisher Bay in Melbourne_1
1HOUSE PRICS IN KINGFISHER BAYExecutive Summary:This is an analysis on the survey data on house prices and rents of Kingfisher Bay in Melbourne.Melbourne is recorded to experience a hike in the rental and the selling prices of properties. Thissituation is expected to result from the lack of available properties for the purpose. KingfisherBay is recorded as the most expensive city among all. This developed idea regarding the city isto be analysis through a data set. The data are being collected on lots of points like the prices ofhouses, the weekly rent of the houses, the present condition of the houses, distance of the housesfrom railway stations, bus stands, shops and on lots of other criteria. Few questions are toanswered in the process of this analysis. Different criteria are compared and tested and recorded.The test explains the dependency among the parameters and whether the ideas have to bebelieved or not. The results are constructed, written and recorded. The answered are beingwritten in the letter in the body.
House Prices and Rents of Kingfisher Bay in Melbourne_2
2HOUSE PRICS IN KINGFISHER BAYTable of ContentsHouses in Kingfisher Bay:...............................................................................................................4House prices vs. conditions/suburbs................................................................................................5House prices vs. factors influencing house prices:..........................................................................7Concerns raised by real estate agents and developers.....................................................................9Future surveys:...............................................................................................................................10References:....................................................................................................................................12
House Prices and Rents of Kingfisher Bay in Melbourne_3
3HOUSE PRICS IN KINGFISHER BAYDate: 20th December 2017 To: Hannah Zhou, Director, Housing Affordability Division, Real Estate Institute From: Sandy Stedwell, Manager, Research and Analysis, Real Estate InstituteSubject: Analysis of Kingfisher Bay’s housing and rental dataDear Hannah, I went through your letter. I understand that there is a significant increase in the houseand rental prices in Melbourne due to the lack of available rental properties. The city ofKingfisher Bay is remarked as the most expensive area and the Kingfisher Bay council isworried about it. They want a proper diagnosis regarding the matter. I have analyzed the whole data set provided by you and formulated the answers for eachand every of your question. The answers are attached below. The answers are according to theheading and the numbering of the questions.
House Prices and Rents of Kingfisher Bay in Melbourne_4

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