While we’re waiting for the data, let’s do some data visualization, take one day’s rental data as an example.
load library
1 |
|
load data
1 |
|
some basic cleaning before eda
1 |
|
EDA
how many properties are listed today for each property type?
1 |
|
1 |
|
- Apparently most of the properties are apartments, which make sense :)
- Melbourne suburbs have A LOT apartments…Impressive.
- Melbourne suburbs have quite a few studios as well. Since it’s so expansive to live in the city, so studio is a popular choices for people.
1 |
|
1 |
|
- just another view of the property count, see if I can find something else.
- Chadstone, SpringVale, Mount Waverley, and Glen Waverley are suburbs have more houses than apartments.
What’s the average rental price for suburbs?
1 |
|
1 |
|
- two different views of the rental price of all suburbs.
- scatter point plots can show distribution more clearly. There are some extreme values present.
- boxplots show mean price better, but I just don’t like the style.
- consider split the property_type and suburbs for a better visualization.
- I also plot the bond as well, but they are almost the same. the bond should be one month rent, so they are linearly relationship.
1 |
|
1 |
|
- The figure shows the average rental price for apartments of different suburbs.
- The most expensive suburb is Southbank, while Melbourne suburb has quite a few very very expensive apartments, probably these skyhigh apartments.
- The apartment rental price vary a lot in Toorak suburb.
- This is an average of all apartments. of course 1b1b is cheaper than 2b1b, so next lets exam them separately
Rental Price of Aparments: details
1 |
|
1 |
|
- It seems like Glen Waverley’s 1 bedroom apartments are just cheaper than usual
- I used to think Toorak is very very expensive to live, but apparently not..South bank is a more expensive place to live in.
- Glen Waverley has the third expensive rental price but no very high end apartments.
Anything interesting about the agency?
1 |
|
1 |
|
1 |
|
1 |
|
- It’s hard to say that Kay & Burton is just more expensive than the rest of the agency. The price can be related to many factors.
- but it’s interesting to see that Ray White has such a small difference between 1 bedroom and 2 bedrooms.