After the COVID-19 global pandemic, the Australian economy is facing significant changes in almost all the key economic sectors. The government policy decisions such as continuous rise of cash rate, relaxation of border restrictions and immigration policy, and changes to bi-lateral or multilateral economic and political relationships with the rest of the world create mix impact of 'people's everyday lives.

The real estate sector is one of the sectors that is significantly impacted due to the changes in interest rates and immigration. The comparison of median house prices between today and the past shows that house prices show a continuous upward trend, and one of the key reasons is immigration. Assume you as a researcher, would like to examine the key determinants of house prices in Australia.

After the global pandemic of COVID-19, the Australian economy has undergone significant changes across various key economic sectors. Government policy decisions, such as the continuous rise of the cash rate, relaxation of border restrictions and immigration policies, and alterations to bilateral or multilateral economic and political relationships with the rest of the world, have created a mixed impact on people's everyday lives.

The real estate sector is one of the sectors that has been significantly affected by changes in interest rates and immigration. Comparing the median house prices between the present and the past reveals a continuous upward trend, with one key contributing factor being immigration.

Given the known significant impact of interest rates and immigration, you would like to undertake a mini-

research project on the real estate market in Australia.

You are required to, Access property sold history details from https://www.realestate.com.au/ and select a specific state (you are

required to choose the state where your campus is located). Prepare a data table with a minimum of 100 observations. Variables required:

Distance to the nearest government secondary school

Number of bedrooms (minimum of 10 property details for houses with 1, 2, 3, and 4 bedrooms

each) Note: Please note that you are not allowed to selected apartments for your analysis.

Hyperlink for the property details.