Statutory Valuation

Subject 702-353 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points: 12.50
Level: 3 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2009:

Semester 1, - 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: Total Time Commitment: Not available
Prerequisites:

702-211 (ABPL20003) Income Property Analysis, or equivalent.
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: 702-853 (ABPL00045) Statutory Valuation (PG)
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

Mr Frank Malcolm Blackwell
Subject Overview: 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
  • Be involved in a moot court
Assessment:
  • Assignments totalling no more than 2000 words (40%)
  • 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), 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.
Links to further information: http://www.abp.unimelb.edu.au/environments-and-design-students/abp-ugrad-students.html
Related Course(s): Bachelor of Geomatic Engineering & Bach of Planning & Design(Prop&Const)

Download PDF version.