Note: This is an archived Handbook entry from 2011.
|Dates & Locations:|| |
This subject has the following teaching availabilities in 2011:Semester 2, Parkville - Taught on campus.
Timetable can be viewed here. For information about these dates, click here.
|Time Commitment:||Contact Hours: 36 hours |
Total Time Commitment: 150 hours
|Prerequisites:|| The subject below or an equivalent. |
Study Period Commencement:
|Recommended Background Knowledge:|| |
|Non Allowed Subjects:||702-813 Principles of Property Valuation (PG)|
|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 subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements 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: http://www.services.unimelb.edu.au/disability/|
CoordinatorDr Harry Karamujic
|Subject Overview:||Building on prior study of 880-103 (ENVS10003) Constructing Environments and 702-214 (ABPL20031) Property Market Analysis, this core subject for the Bachelor of Environments property major introduces students to the main systems and relationships which govern the generation of opinions of market value for urban property held under freehold title in Victoria. Topics include: the property profession; value and market value; the property market; methods of valuation; the valuation process; factors influencing value; direct comparison method; data collection; market and sales analysis; procedures for determining and reporting value; introduction to income approach valuation methods; capitalisation of income approach - valuation of a property leased at market rent.|
Upon completion of this subject, you should:
A minimum grade of 40% must be achieved in the examination in order to pass the subject.
Valuation of Real Estate, published by Australian Property Institute, (2007 edition).
|Breadth Options:|| |
This subject potentially can be taken as a breadth subject component for the following courses:
You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
Upon successful completion of this subject you will have had the opportunity to develop the following generic skills:
|Related Breadth Track(s):||
Property in the Urban Economy |
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