Context: how to approach this task: perhaps consider that you are explaining/describing your state's capital city property marketto someone from a foreign country. They would like a broadunderstanding of your city's key characteristics and fundamentals.They are keen to understand the property market there and its current state/ condition in 2025. Notes: Be sure to check the marking rubric. The Discussion Board may have useful Q&A also. Your TII Score for this A-3 should be very low, aim for under 10% (excluding refs.) In this task you are required to demonstrate your knowledge of key topic areas of MMP111. Use your own words as much as possible. Show your own understanding of the topics, not simply cut & paste commentary/data from others into yourreport. The word count is low; use tables, graphs, images to assist with the word count (to be concise) and to add value to your report. Step 1. In preparing your report, begin with a cover-page. A good cover-page 'sets the tone' for your submission; ensure it's professional,with image, key info, date, your name, your state's name, etc. Try to include an image of the Town Hall or GPO of your city. After the Cover Page, next is the Executive Summary (which is on Page 2, but is written last.) No TOCs, Introduction or Conclusion are needed in this report.

Step 2. Write Approx. 300 words (+ tables, images, graphics) for each of these following 4 topics. Topic 1. Property and value: 1.1) List and explain the key property value 'contributions' for residential properties in your state's capital city. (If you are not in Australia, please write about Melbourne.) Write about the value contributions of the whole city, not just of a single house. I.e.: write about jobs, climate, tertiary education, air quality, city density, safety, beauty, amenity, or whatever it is that's most significant. Tip: think through the '4 factors of value' as you determine the'contributions' to write about. 1.2) How is your city's property value spread across the citygeographically? This may be linked to heritage and the growth of the city over time. Also, consider water views, access to public transport, CBD location, land-lot sizes, rivers, prestige, safety, amenity, other, etc. 1.3) Single residential property: explain (and justify) where houses/townhouses are on their property clock. Make and include a property clock image. 1.4) Multi-residential property: explain (and justify) where apartments/units/flats are on their property clock. Make and include a property clock image. Topic 2. Property sales-transactions, tax, finance. This question is about your/a suburb (or small property market) in your capital city. This section is about just 1 suburb (or small property market) not the whole city.

2.1) Describe the typical free-standing house in your chosen suburb.(Style, type, size, age, etc.) 2.2) What is the average selling price for a typical house within your suburb? Note: search for the price of the 'typical' house, not the price of the whole broader housing market. 2.3) How does this suburb's average selling price (ASP) compare to the whole-city ASP? What are the main reasons for the difference? (Is it location?Quality? Size? Prestige? Etc.) 2.4) How does the suburb's average selling price compare to the average Australian weekly household income? Do those figures 'match nicely'? State the suburb's average loan repayment amount vs average income and explain what it means. Consider 'affordability'. 2.5) How much would a bank/lender be likely to lend to a buyer of that house (LVR), and at what interest rate? 2.6) What transactional and annual taxes would be payable upon purchasing/owning a home like that? 2.7) What is the effect of those property taxes on the property market generally? Are they fair? Why/why not?

Topic 3. Property from the perspective of wealth holding and income generation. 3.1) How can/do residences in this city provide wealth holding and income in the community? Consider: asset-base, cash-flow, modified assets, different time-frames. If possible, use figures/examples in your answer. 3.2) Is a typical house in your suburb (as described in topic 2 above)better as an investment property or a PPR? Explain why.

Topic 4. What does the future of your capital city look like? In terms of the strength of the economy, consumer taste, populationgrowth, demographic trends, planning, potential for new development, etc., explain what you can foresee in the next decadefor your city? Explain why. ------------------------------- Step 3. Write your Executive Summary (max two fifty words). (5 marks.) Your exec-summary must be a summary of the report, must summarize your work, key points, and findings. (No marks will be given if 'an Intro' is written instead of an Exec-S.) Notes: Giving (brief) examples adds value to your answers. E.g., in the Quon Tax, write a specific tax name. Graphs, tables, and images will add value to your report, especiallyif you ensure they are referred to and explained in your narrative. The use of tables and graphs is encouraged, though they should mostly be new ones you have created yourself. Some sourced tables/graphs can also be used if they are well explained and relevant. Note: the use of tables, graphs etc. also help to manage the low word count.

Consider your presentation and visual style. Check the 'Visual Guide' PPT for preparation tips, as well the Writing Tip Sheet. Both are very helpful. Grades: 4 x 7 (=28) marks for the 4 topics + 7 marks for presentation + 5 marks for the Executive Summary. Turn-It-In (TII): using your own words in this task is important, TII scores (before refs) should be max 15%. Questions about this A-3 can be asked via the Discussion Board till May 26 (5pm). To be submitted via CloudDeakin. Go to Dropbox on the Unit Site to submit. (Allow an hour to upload.) Word count: words (no appendices needed.) Submission writing style: Professional property industry style(same as A-2). Referencing: Cite any assumptions, references and sources using the Harvard referencing system (or similar). In-text citations are not needed. There is also an easy reference guide below in this Doc. If you make a table or graphic yourself, please be sure to state that, as it shows your good work.