This report provides a comprehensive analysis of the St Kilda apartment market, focusing on property valuation and sales data. The study begins with an executive summary, followed by an introduction outlining the scope and objectives. Part A discusses the current state of the high and medium-density housing market in St Kilda, highlighting drivers of growth, benefits, and drawbacks for residents and investors. Part B presents descriptive statistics for key variables such as sale price, number of bedrooms, and rental yield, along with a histogram of sale prices. Part C details the regression model used to analyze the data, including the regression equation, results, and ANOVA table. The model's goodness of fit and significance of each variable are evaluated. Finally, Part D applies the regression results to estimate the sale prices of three different apartments, comparing these estimations to the actual asking prices and discussing the implications of the findings. The report concludes with a summary of the key insights and references used in the analysis.
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