Melbourne Housing Data Analysis

1 minute read

Description

The obective of the project is to analyse the Melbourne’s Housing data and build a model to make predict the price of the house. The dataset includes data for the 21 mentioned paramters for the houses in the Melbourne city.

  • Suburb,Address,Rooms,Price,Method,Type,SellerG,Date,Distance,Regionname,Propertycount,Bedroom2, Bathroom,Car,Landsize,BuildingArea,YearBuilt,CouncilArea,Lattitude,Longtitude

Technology Used

  • Predictive Modeling
  • Regression
  • Descriptive Statistics

Environment

  • R Studio , R (ggplot2,dplyr,randomForest,corrplot),Tableau

Analysis

  • Data cleaning with variable research to ensure meaningful and analysable data for modelling.
  • Exploratory Data Analysis to analyse trends in the housing data : Dashboard
  • Implemented Linear regression, Decision tree and Random forest regressor models to predict the target feature price.
  • Efficient features selection using stepwise selection and lasso regression.
  • Random Forest regressor was the best fit model with efficient R square score.

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