Rental Property Decision Survey
Completed by Respondent 2
Please read through the following descriptions of 6 different rental property options, then answer some relevant questions. Thank you in advance for your honest answers.
Distance From City Centre Key Features Rent Per Week
Option 1 16km 4-bedroom 2-storey house, with 2 kitchens (1 upstairs), 3 bathrooms (2 upstairs), 2 garages, and high-end renovation; fully furnished with top appliances and luxurious furniture. $1,580
Option 2
1.8km Studio apartment, with open kitchen, 1 bathroom, and modern renovation; semi-furnished with a refrigerator, a washing machine, and a queen bed. 1 car space in the basement. $420
Option 3 29km Sharing a 3-bedroom single-storey house with a nurse and a journalist. The house is with basic renovation and fully furnished. You have your own bedroom, and share 1 kitchen and 1 bathroom with housemates. Off street parking. $230
Option 4
2.3km 3-bedroom apartment, with 1 kitchen, 2 bathrooms, 2 secured car spaces, and modern renovation; unfurnished. $990
Option 5
83km 2-bedroom unit, with 1 kitchen, 1 bathroom, 1 undercover car space, and basic renovation; unfurnished. $195
Option 6
51km 3-bedroom single-storey house, with 1 kitchen, 1 bathroom, 2 garages, and modern renovation; semi-furnished with some furniture. $380
1. How important is each of the following evaluative criteria in determining your choice of rental property? For each evaluative criterion please give a relative importance score (please allocate 100 points in total to the evaluative criteria depending on the relative importance of each criterion).
Evaluative Criteria Importance Score
Rent 10
Bedroom 15
Bathroom and kitchen 20
Parking 15
Renovation and furnishing 15
Distance from city centre 25
Total 100
2. Please rate each rental property option against each of the evaluative criteria (1 = very poor; 2 = poor; 3 = average; 4 = good; 5 = very good).
Evaluative Criteria Option 1 Option 2 Option 3 Option 4 Option 5 Option 6
Rent 3 4 5 3 5 5
Bedroom 5 1 1 4 3 4
Bathroom and kitchen 5 2 2 4 3 3
Parking 5 3 2 4 3 5
Renovation and furnishing 5 3 3 4 3 3
Distance from city centre 5 5 5 5 2 3
3. If you had to choose one option as your choice of rental property, which one would you choose (please put “1” for your chosen option, and rank the others from “2” – “6”)?
Option 1 Option 2 Option 3 Option 4 Option 5 Option 6
Rank 3 5 6 1 4 2
4. Are you male or female? Male.
5. What is your age? 54.
6. What is your occupation? Senior manager at a bank.
7. What is your highest education level? Mater of Business.
8. What is your marital status? Divorced.
9. Do you usually make rental property decisions on your own? No.
If no, who also plays a role in making such decisions? My daughter.
10. What is your ethnicity? Australian.
11. What was your family’s household pretax income last year? $198,000.
12. What was your own pretax income last year? $198,000.
13. Please indicate your level of agreement with regard to the following statements (1=strongly disagree; 5=strongly agree).
a) I am extraverted. 3
b) I am moody. 2
c) I am sympathetic and kind to others. 3
d) I am open to new experiences. 3
e) I am careful and efficient. 4
Thank you for participating in this survey.