Describe how the market for real estate has developed

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Reference no: EM131995545 , Length: word count:750

Assignment -

Topic - Recent years have seen rapid development in Australia's housing market. The effect of high housing prices on Australian families is enormous. Despite those challenges, you would like to buy 3-bedroom house for you and your family. You are considering houses either in Newcastle, Sydney, or Hobart. In this assignment, you are required to prepare a report to discuss the process undertaken when making probably the most significant financial decision most individuals do in their life. Address and discuss the following issues surrounding this financial decision:

Question - Describe how the market for real estate has developed in the three cities over the past 30 years. Use a plot to illustrate your findings. How did housing perform in comparison with other investment types, such as stocks or bonds? In a second chart, compare returns of real estate versus Australian stocks and bonds. Research a useful metric for comparison. Discuss: If you find different performances - try to explain what may explain those differences. Do they make sense?

Need to do only this. 750 words.

You can use the website of the Australian Bureau of Statistics as a source for some of the data for your assignment. This is especially helpful to find data on income levels or housing prices.

Stock data can be found on the Australian Stock Exchange (ASX) website.

Attachment:- Assignment File.rar

Reference no: EM131995545

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Describe how the market for real estate has developed : PACC6003 S1 2018 Assignment - Describe how the market for real estate has developed in the three cities over the past 30 years

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Reviews

len1995545

5/25/2018 1:03:55 AM

Submission - This assignment is marked out of 100 marks. It counts toward 25% of the total course mark. Due date: Friday 25 11:59pm AEST. For every day of late submission, 10 marks will be deducted unless an extension is granted. That is, if the assignment is submitted on Saturday, 22 at 1 am, it still counts as one day. Word limit: 3,000 words, excluding tables, figures and appendices. Submission: Online through Turnitin. Assignments submitted by other means will not be marked. Please ensure only one submission per group (have only one group member submit the assignment). Submit only once: The first submission is final.

len1995545

5/25/2018 1:03:50 AM

Forming groups - This assessment is a group assignment. Students are expected to form groups of three people. To form a group, please have one member of the group email me (email title: PACC6003_Group assignment) using the group registration form found on Blackboard, including full name and student ID. Please cc all other group members in the email. The deadline to finalise the groups is 9AM, Friday 23rd. After this date, I will randomly form groups for students who don’t belong to any group.

len1995545

5/25/2018 1:03:42 AM

Each group member needs to submit a peer assessment form (details on blackboard). Failure to submit a peer assessment form by any group member will result in zero mark for the whole group. Each group will be awarded an overall mark (in the assignment feedback). However, individual group members might have different marks, as each individual’s mark will be adjusted by their assessment of their peers.

len1995545

5/25/2018 1:03:41 AM

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