Melbourne population & housing analysis by Saaransh mehta

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I am analysing the population & housing forecasts for the city of Melbourne to observe exciting trends in the data & provide actionable insights based on the results.

Data & Analytics

MELBOURNE
POPULATION &
HOUSING ANALYSIS
Saaransh Mehta

PROBLEM
STATEMENT
I am analysing the population & housing
forecasts for the city of Melbourne to
observe exciting trends in the data &
provide actionable insights based on the
results.

USERS
Buyers, Sellers or Renter of property
(Also real estate agents)
House loans and mortgage providers -
Banks & second mortgage companies
Property builders
City council - Urban planners

TRENDS &
OBSERVATI
ONS
50% of Melbourne population stays in the City of Melbourne
Average household size across all areas in Melbourne is two
Most people prefer to stay alone
The population of top three most crowded regions viz. City of
Melbourne, Melbourne CBD & Southbank are going to double in 18
years.
Melbourne City, CBD & Carlton are going to be female-dominated
regions
Docklands, West Melbourne & Port Melbourne are going to be
male-dominated regions

ACTIONABL
E INSIGHTS
1. Availability for housing is starting to saturate in the
Carlton region. Whereas, Southbank or Docklands are
a better alternative for people preferring to stay near
the city.
2. Dockland and North Melbourne present excellent
investment opportunities for real state investors
shortly.
3. Port Melbourne & West Melbourne (Industrial) are two
upcoming regions and are good options for long term
investments.
4. In two years, lots of the people will be buying houses
and moving to Port Melbourne.
5. In Carlton, the people living in hotels, hostels & motel
are going to grow. North Melbourne will repeat the
same pattern. Hence, both areas present opportunities
to build hotels.

NEXT
QUESTIONS
TO
EXPLORE
How does households type
change overtime?
How does Male & Female
demographics change overtime?
What is the correlation between
population & households for
different regions?

METHODOLOGY
Derive Derive actionable insights for different users
View View historic and predicted data at Year-Region level
Merge Merge Population, Housing & Household type data

Recently uploaded

Statistics notes ,it includes mean to index numbers

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