Question: You work as a data analyst at the Beachside Real Estate agency in the City of Beachside, a council located in Melbourne, Victoria. Your role
You work as a data analyst at the Beachside Real Estate agency in the City of Beachside, a council located in Melbourne, Victoria. Your role includes the analysis of a variety of housing data (including house prices, housing affordability, investment returns, rental availability and rental returns). Of specific interest to your
employer are the reported decreasing house prices in Melbourne and potentially what this will mean for investors andbuyers yet to enter the market.
A recent analysis, which received publicity in the media, showed that there were an increasing number of Melbourne suburbs where the median house price that have fallen below $1 million, with this trend thought to continue as evidenced from recent auction and private sales figures. The real estate agency is therefore interested in creating suburb profiles and demographics to provide first home buyers and investors with insights into the different areas of the City of Beachside to help in deciding whether a given suburb is a suitable choice for them.
Therefore, you are to design a survey that will enable your employer to have an overview of all facets of suburbs within in the City of Beachside that gives potential buyers a snapshot of any selected suburb. Tip:
You need to be mindful of the real estate agency’s purpose of the survey when you are crafting your survey
instrument.
The survey should contain 20 questions which ought to take a respondent no more than about 5 minutes to complete. Accordingly, for this survey, there should be no open-ended questions and, where appropriate, answers can be selected from options.
Step by Step Solution
There are 3 Steps involved in it
Certainly theres a structured survey instrument with 20 questions designed to provide potential buyers with a snapshot of selected suburbs within the City of Beachside The survey aims to be concise ta... View full answer
Get step-by-step solutions from verified subject matter experts
