Statutory Valuation (PG)

Subject ABPL90045 (2013)

Note: This is an archived Handbook entry from 2013.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2013:

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 36 hours: 1 x 2 hours of lectures per week; 1 x 1 hour studio per week.
Total Time Commitment: Not available
Prerequisites:

Admission to one of the following courses:

MC-PROP2Y Master of Property 200 points

702PA Graduate Diploma of Property Valuation

OR

Completion of the following two subjects:

ABPL90274 Property Markets and Valuation

ABPL90275 Property Resources Management

OR

Approval from the subject coordinator

Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects:

702-353 Statutory Valuation

Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Dr Hao Wu, Dr Harry Karamujic

Contact

Environments and Design Student Centre
Ground Floor, Baldwin Spencer (building 113)

Enquiries
Phone: 13 MELB (13 6352)
Website: http://www.msd.unimelb.edu.au

Subject Overview:

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

Objectives:

On completion of the subject students should be able to:

  • Demonstrate a sound understanding of taxation affecting property;
  • Prepare a compensation report; and
  • Be involved in a moot court.
Assessment:
  • Staged assignments totalling 2000 words (40%);
  • And one three-hour examination (60%).

A grade of at least 40% must be achieved in the final examination in order to pass the subject.

Prescribed Texts:

The Valuation of Real Estate, Australian Property Institute, Canberra, 2007.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On completion of the subject students should have developed the following skills and capabilities:

  • Working in a group environment.
  • Writing of a compensation report.
Related Course(s): Graduate Diploma in Property Valuation
Master of Property
Master of Property

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