Situated on a peninsula to the west of Sydney’s CBD and Darling Harbour, the inner suburb is a manmade environment used for service and residential use. In the 19th and early 20th century, Pyrmont was an important port and industrial area, and sometimes called ‘Sydney’s backyard’. This area had a population of around 30,000 people at the time, and was one of the most grown suburbs in Sydney. Such urban growth had brought increased employment opportunities and more community services in the area, however had caused problems to rise such as inadequate infrastructure, traffic congestion, accumulation of waste and high price of properties as well.…
Pyrmont-Ultimo is one of the fastest growing suburbs in Sydney. Over the past century it has demonstrated changes as a result of urban decay and renewal, urban consolidation and most recently spatial exclusion. These urban dynamics are dominant in Pyrmont Ultimo and have contributed to the changing morphology of that area.…
During last week’s research, three testable outcomes were identified: the value will increase if the home is closer to the city, the value will decrease if the home is closer to the city, or there is no direct correlation. Team B hypothesizes that if a property is closer to the city, the value will be higher. It has been determined that the median, mean, minimum, and maximum values should be assessed and examined to determine if this hypothesis is accurate. Team B will be using the mean home prices in group one and two to determine if there is a significant difference in home prices for homes less than 15 miles from the city compared to those equal to or greater than 15 miles from the center of the city. Based on the possible testable outcomes, Team B will use the Null Hypothesis and Alternate hypothesis with the mean prices in group one denoted as µH1 and mean home prices in group two denoted as µH2.…
1. Introduction In this report I will be comparing the livability between two streets in Brisbane, Hawthorne Road, Hawthorne, and Wyena Street, Camp Hill. In this comparison I will be taking into consideration the amount of traffic, access to bus stops, shops, schools, parks, the litter, the noise, how nice the houses are, and how nice the trees and gardens are.…
* After having a thorough understanding of the market, we have several approaches to determine the property price. If we choose the comparable method, we should find a property that is just sold in neighboring with similar characters and use it as a reference to price the…
This is because Kedron is a suburb close to the main roads and shopping centres which means the market is going to be high for simple housing options. To buy a house in the suburb the pricing average is $680,000 and for rent its $450 per week. High demand marketing in the area is around 684 visits per property whilst the average visits per property stands around 286 which shows that Kedron has such a high population density and demand for housing. For an area like Kedron are the residents paying too much for the housing or are they actually paying for the accessibility to essential resources? Not only does the market pricing need to change but the accessibility to different transportation…
(Statistics government AU) This indicate most resident does work nearby. As there is no large business centre, commercial building or industry around the area. The decision of putting business area impact the use of transport. The place they work might be very far away from the place they live, such as CBD and outer suburbs. There could also a long walking distance for resident to walk to public transport. During the observation, public transport such as bus and train, stops are only located on the main street. People who live in the small segregated street might found too far to reach public transport.…
The housing market changes quite frequently and depending on the city, state, and neighborhood. When a home-buyer is interested in purchasing a home they look for what fits their needs, life style, and budget. This is important because it will also determine what type of house they can afford to live in and how much they can get for the amount their budget will allow. Buyers and sellers will look for certain variables when purchasing or selling a home and data must be gathered to make sure that all details match and that all requirements are met. It would be safe to assume that our theory that the larger the house and the more rooms a house has, the more expensive the price of the house will be. The three major variables in our data summary are: number of bedrooms, size of the house, and number of baths.…
Abelson, P. et al., 2005. Explaining House Prices in Australia: 1970-2003. The Economic Record, 81(255), pp.96-103…
One of the most heavily populated Sydney suburbs is Camperdown with about 7,860 residents as per the 2011 census. While the population is a diverse suburb with young professionals, singles, families with kids, and retirees, you will also find a lot of students in Camperdown due to the proximity to the University of Sydney and the residential colleges here. Camperdown has become a trendy suburb among young adults, creating a high desire for others to live here. The following will discuss the reasons this suburb is so popular.…
The purpose of the documentary is to reflect on on the repercussion of suburbs and city living. In addition to how suburbs and city communities have a hard time integrating and expanding based on the citizen’s health, educational opportunities or standards and the infrastructures of these increasingly developed communities. The movie expresses to the…
| d. Compare the demographic composition of the TWO selected Australian communities. (≤ 150 words in total)Answers could include population size, population growth rates, gender age structure, gender and ethnic composition.…
Not only were the neighborhoods different, but the education systems were even more contrasted. Chicago had many schools to choose from, so each school only had about 300 kids that range from kindergarten to first grade. The CPS schools, also known as Chicago Public Schools, were very underfunded and my old school, Kozminski Community Academy, had to cut art class, Spanish class, and even cut the school’s football team to save money. On the contrary, Eureka had one school for three different towns. Eureka Middle School had 500 kids in grades fifth through eighth, was a very wealthy school, and has…
1 slides: Explain at least 2 reasons why housing prices vary from city to city…
Please note that 2006 data has not been used in the above table since the boundaries between central city and inner Suburbs had changed from 2001 to 2006; therefore, using data from 2006 will introduce bias to the analysis of central city or inner suburbs. As you can observe, central city of Toronto has a negative rate of population change from 1961 to 1971 and…