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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