2025 S1 – Assignment



Over or Under Asking? Classifying
Property Price Outcomes in the
Australian Market
BSIM3206 Assignment Rubric
2025 S1 – Assignment


2



Not
Acceptable
0%
Below Minimum
Expectations
25%
Satisfactory
50%
Good
60%
Very Good
75%
Excellent
90% Full Mark (100%)
Numerical Data
Exploration &
Preparation
10 Marks
Not a valid
submission.
Minimal effort
shown.
Basic exploration and
minimal data cleaning.
Reasonable exploration
and basic cleaning.
Good exploration and
appropriate data cleaning.
Thorough exploration and
excellent data cleaning
Meets all Very Good +
completed Progress Check 1
Text Preparation &
Feature Generation
25 Marks
Not a valid
submission.
Some basic text
preparation steps are
attempted.
All the basic* text
preparation and feature
generation functions
are correctly applied
and discussed.
Meets the previous
level’s requirements +
one new** relevant text
preparation or feature
generation method is
correctly applied and
well discussed.
Meets the previous level’s
requirements + multiple new
relevant text preparation or
feature generation methods
are correctly applied and well
discussed.
Meets the previous level’s
requirements +
demonstrate the new text
preparation or feature
generation methods
significantly improve
model performance.
Meets the previous level’s
requirements + completed
Progress Check 1
Model Building &
Evaluation
40 Marks
Not a valid
submission.
A single basic
model is attempted
with major issues or
little explanation.
Evaluation is vague
or missing.
At least two model is
correctly built and
evaluated using basic
metrics. Basic
hyperparameter tuning
attempted.
Meets the previous
level’s requirements +
both models are
compared with
discussion of relative
strengths.
Meets the previous level’s
requirements + thorough
comparison with detailed
discussion of trade-offs and
use in business scenarios.
Meets the previous level’s
requirements + a
discussion on how a clear
effort to improve the
performance of one model
is provided. The discussion
on the reliability of
improved performance is
clear.
Meets the previous level’s
requirements + completed
Progress Check 2
Conclusions &
Recommendations
15 Marks
No valid
submission
An attempt is made,
but the conclusion is
vague.
Basic conclusions and
recommendations are
provided.
Meets the previous
level’s requirements +
the discussion is linked
to the analysis.
Meets the previous level’s
requirements + the two
developed models are
considered and addressed in
discussions.
Meets the previous level’s
requirements + and in-
depth recommendation and
conclusion is provided
with considering the real-
word business scenarios.
Meets the previous level’s
requirements +
demonstrates an exceptional
understanding of the model
outcomes, business
implications, and practical
recommendations.
Professionalism,
Visualisations &
Communication
10 Marks
Report is
unreadable
Report is poorly
written or formatted.
Report is readable and
easy to follow.
Meets the previous
level’s requirements +
visuals and tables are
present and generally
relevant to the analysis.
Meets the previous level’s
requirements + visuals are
clearly labelled, well-
formatted, and meaningfully
support the findings.
Meets the previous level’s
requirements + the report
shows a high level of
professionalism.
Meets the previous level’s
requirements + the Jupyter
Notebook is well structured
and formatted.

*Basic: Techniques directly introduced in Weeks 1–10 lectures or tutorials.
**New: Techniques not covered in class but found via external research and properly applied.
2025 S1 – Assignment

Progress Check 1
• When: During your allocated tutorial in Week 9
• Requirement: As a guide, your work should be approaching the “Satisfactory” level for the following two criteria:
1. Numerical Data Exploration & Preparation
2. Text Preparation & Feature Generation
• What this means:
1. You have completed basic data exploration and minimal data cleaning
2. You have applied essential text preparation functions appropriately
Progress Check 2
• When: During your allocated tutorial in Week 12
• Requirement: As a guide, your work should be approaching the “Satisfactory” level for the following criteria:
 Model Building & Evaluation
• What this means:
 Your basic model is correctly built and evaluated.
Important Note on Progress Checks
 You must attend your allocated tutorial for the progress checks. There is no flexibility to change times.
 If you miss a progress check and your work in the relevant criteria is later assessed as “Very Good”, you will not be eligible for full marks.
 However, if your work is assessed as “Good” or lower, missing a progress check will not affect your mark.
 During the progress check, you will have 5 minutes to briefly walk your tutor through your work.
 Tutors will not provide any grade estimates during the progress check. They will only assess whether you have met the minimum expectations.



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