Note: This is an archived Handbook entry from 2014.
|Dates & Locations:|| |
This subject is not offered in 2014.
|Time Commitment:||Contact Hours: 36 hours: 24 hours of lectures; 12 hours of tutorials. |
Total Time Commitment:
Admission to the Melbourne School of Design.
|Recommended Background Knowledge:|| |
Basic abilities in Excel spreadsheet construction.
|Non Allowed Subjects:||None|
|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
Environments and Design Student Centre
Ground Floor, Baldwin Spencer (building 113)
This Masters level subject is designed to introduce the fundamental concepts required for understanding how property markets function and/or operate, as well as the basic valuation techniques required for determining the value of real property.
It serves both the new 300 point Master of Property and the Graduate Diploma of Property Valuation, which are courses taught within the Melbourne School of Design.
This is a foundation subject and is meant for students who are relatively new to the property education. The emphasis of this subject is to introduce students to the main systems and relationships which govern the operation of property markets, with particular reference to the valuation of commercial property in Australia.
The subject examines market analysis and valuation techniques as they apply to real property. The main areas to be covered include:
On completion of the module, you should be able to:
Ling, D C and Archer, W R (2008), Real Estate Principles: a Value Approach, McGraw-Hill.
Reed, R (ed.) (2007), Valuation of Real Estate, Deakin, ACT: Australian Property Institute.
RICS (2001), Commercial Investment Property: valuation methods
Geltner, D, Miller, N, Clayton, J and Eichholtz, P (2007), Commercial Real Estate Analysis and Investment, 2nd edition, South-Western.
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
Upon successful completion of this subject students will have had the opportunity to develop the following generic skills:
Graduate Diploma in Property Valuation |
Master of Property
Melbourne School of Design multidisciplinary elective subjects |
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