Look at the following two short pieces of work and provide a quote: ASSESSMENT TASK 3 – Case Study A client who is transferring to your local area from interstate has approached you. She is seeking accommodation for a family of five (parents and three children - two of primary school age and the third in early high school). The posting is for three years and the family has income and assets which mean they could purchase a house or other residential accommodation for up to $500,000*. The preferred option is to purchase in the area and resell in three years. Using information available in the learner resources or any other source of information available to you, write a report (at least 1 page) to the client outlining the options for purchase and rental of a suitable property in the local area, given the family needs for schooling. In the report, you should provide the following information to assist your client: • options for purchase • options for rental • an analysis of likely returns and outlays based on financial and market projections • a comparison of the cost benefit of both options (rental and purchase) given available market information and trends • any other detail relevant to providing the required market opinion for the client. * Note, this figure can be adjusted for various areas to reflect a sum that would allow a family such as this to make a purchase of a property in the area your agency services. Options for purchase and re-sell, 3 year period versus rental accommodation ASSESSMENT TASK 4 – Workplace Project Produce an information kit for a defined area (provincial town, suburban area, central business district of a city, etc.). The kit should provide the following information: • an overview of the type of properties within the given area • an analysis of demand in the given area - present situation and trends • a summary of the state of the market and the trend over the coming months • an analysis of the opportunities available for investment in the area and the factors which will affect returns on different types of property including rental prices, rates, costs of maintaining property • examples of property types to illustrate your analysis. The kit should have a purpose. Suggestions include: • send it out to a group of potential investors • leave it in the agency for customers to pick up • send it to new residents in the area or as a direct response to a customer enquiry. Should be achievable with just 2 pages of work, 1 page for ASSESSMENT TASK 3 and 1 page for ASSESSMENT TASK 4, for task 4 Use following link for research of an area Make all answers relate to Australian property market, specifically Queensland.