Master of Property

Course MC-PROP3Y (2010)

Note: This is an archived Handbook entry from 2010.

Year and Campus: 2010 - Parkville
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate


Dr Chris Heywood


Environments and Design Student Centre

Tel: (+61 3) 8344 6417 / 9862

Fax:(+61 3) 8344 5532


Course Overview: The Master of Property is a professional program for graduates wanting to gain employment in the property industry. The Master of Property focuses on real-world projects which range across the full property and development cycle, preparing students for the realities of professional life. It allows students to develop and build on expertise in valuation, property development and property management. This program also provides the opportunity to take research subjects which may enable students to progress to further studies as a PhD candidate.
Objectives: The Master of Property aims to:
  • Engage with specialist topics within a multi-disciplined field of endeavour;
  • Extend the knowledge gained in prior learning and experience into a deeper understanding of the professions in property;
  • Obtain cutting-edge technical and managerial expertise;
  • Be informed about the current major research and theoretical aspects of their disciplines;
  • Be able to apply theory to the property; and
  • Be provided with an appropriate advanced program to enable study in a research higher degree.
Course Structure & Available Subjects:

All students must complete:

175 points of core

87.5 points of property electives

37.5 points multidisciplinary electives

Subject Options:

First year core subjects (100 points)

Students should take 333-692 "Financial Decision Making" before commencing 306-660 "Accounting for Decision Making".

Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2
Semester 1, Semester 2
Semester 1, Semester 2

Second / third year core subjects (75 points)

Study Period Commencement:
Credit Points:

Property electives (87.5 points)

Study Period Commencement:
Credit Points:
Semester 1
Semester 1, Semester 2
Semester 1, Semester 2

Multidisciplinary electives (37.5 points)

Students may choose any masters level subjects including -
  • Melbourne School of Design graduate subjects without prerequisites. To view list click here.
  • Melbourne School of Design graduate subjects with prerequisites (provided prerequisites are met). To view list click here
  • Any University of Melbourne graduate subject provided pre-requisites are met and written approval is submitted to the Environments and Design Student Centre.

To view a sample course plan go to:
Entry Requirements: 1. The Selection Committee will evaluate the applicant’s ability to pursue successfully the course using the following criteria:
  • an undergraduate degree in any area with at least H3 (65%) average in the final two years, or equivalent; and
  • a personal statement of no more than 1000 words outlining relevant prior study and work experience, and motivation to undertake the course.

2. The Selection Committee may conduct interviews and tests and may call for referee reports and employer references to elucidate any of the matters referred to above.

For information about the two year Master of Property program, designed for students with a cognate undergraduate degree click here.

For information about how to apply click here.

Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this course are articulated in the Course Description, Course Objectives and Generic Skills of this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:

Graduate Attributes:

The Master of Property has been specifically designed around the University of Melbourne graduate graduate attributes and the requirements of professional associations. The Master of Property will incorporate research-led teaching, problem-based collaborative learning, professional engagement and a diverse mature cohort.

Graduates of the Master of Property will have high level professional and intellectual capabilities enabling them to demonstrate leadership, a commitment to life-long learning, and professional integrity. They will find employment as property valuers, land economists, property managers, property analysts, property investment advisers and property development advisers.

Professional Accreditation: It is expected that graduates of the Master of Property will have completed the academic requirements for membership of:
  • Australian Property Institute
  • Royal Institution of Chartered Surveyors
Links to further information:

Download PDF version.