Property Management

Subject ABPL30012 (2011)

Note: This is an archived Handbook entry from 2011.

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

This subject has the following teaching availabilities in 2011:

Semester 1, 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
Total Time Commitment: 150

Any two of the following subjects (or equivalent):

Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2
Semester 1, Semester 2
Corequisites: None specified
Recommended Background Knowledge: None specified
Non Allowed Subjects:

None specified

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:


Dr Christopher Heywood, Mr Peter Northwood


Dr Christopher Heywood

Mr Peter Northwood

Subject Overview:

This core subject for the Bachelor of Environments property major draws together economic, physical/environmental, financial and legal aspects relating to the management of the property asset from the perspective of a managing agent or major property portfolio manager who are responsible for the performance of investment properties during the 95% of their economic life between the completion of initial construction and eventual demolition.

Topics include:

  • what is property management?;
  • stakeholders including: public and private perspectives, and owner/investor and occupier perspectives;
  • managing properties from various use classifications;
  • managing the physical asset: property inspections;
  • services – contract management;
  • planned programmed maintenance systems, etc.;
  • legal, environmental and market demands including lease conditions and management;
  • sustainability risk management;
  • OHS;
  • international comparisons.

When students have completed this subject they should be able to:

  • understand the character and role of property management systems and practices across a range of property types from a range of stakeholder perspectives;
  • be aware of the social, legal, economic and environmental impacts of property management practice;
  • access, interpret and communicate data relevant to current property management issues.
  • One three-hour end of semester examination (70%).
  • Two assignments (30%) totalling not more than 2000 words.
A minimum grade of 40% must be achieved in the examination inorder to pass the subject.
Prescribed Texts:

Study Guide and Reader Property Management Annual publication

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
Generic Skills:

Upon successful completion of this subject students will have had the opportunity to develop the following generic skills:

  • analytical skills – an enquiring and analytical approach to the management of commercial property interests;
  • communication skills – an enhanced ability to communicate analysed interpretations of property management outcomes through written and oral presentations;
  • problem solving skills – an increased body of knowledge associated with resolution of contemporary issues and practices in property management; and
  • team working skills – an enhanced ability to generate and communicate a range of relevant property management practices and procedures at an academic and professional standard.

Links to further information:
Related Majors/Minors/Specialisations: Property

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