Innovations in Property

This subject has the following teaching availabilities in 2016:

Subject has quota of 15
This subject is a quota subject and places are limited. Students may provisionally enrol via the Student Portal, but places are not guaranteed until selection is completed. You will be notified in writing by the Student Centre if you are selected.

Selection criteria: Students will be selected on the basis of Academic Merit. Priority is given to Master of Property students.
The last day of enrolment via estudent is July 23

170 Hours

An understanding of planning.

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

The subject is designed to analyse and interface property analysis and architectural design in a real life context. With that objective, the subject will interact with a MSD Architecture Studio C, D, E. at two stages – during Week 1 and then during Weeks 9 and 10 of semester 2 teaching period . It has two major components (i) to develop a design brief based on desktop and field research on property preferences, affordability, price budget and financing structure of the target group, for architects who will then produce innovative property design alternatives; (ii) to conduct feasibility and marketability analysis on various alternative designs proposed. The analysis will determine the “marketability”, “price band”, “affordability range” and “possible financing mechanisms”.

On completion of the subject, students should be able to:

• Develop a design brief based on sound research;
• Carry out site and market research on multiple design options, including planning and financial feasibility to ascertain optimum project;
• Present as a team at critical project stages, outcomes of analysis and feasibility;
• Prepare advise on financial feasibility outcomes, sensitivity analysis and provide detailed risk analysis on alternative design proposals;
• Work within their own team as well as with design teams, understand the studio-based learning environment, applying skills and communication in real case exercises.
• Evaluate, organise, exchange and bring together associated issues that are related to market, property value, affordability, financing and design.

• Preparation of Design brief presentation (5 minutes per student), due Week 2 of scheduled teaching time, 10%;
• Preparation of Design brief (1500 Words per student), due Week 2 of scheduled teaching time, 30%;
• Feasibility and marketability analysis report (2500 words per student), due Week 4 of scheduled teaching time, 50%;
• Feasibility and marketability analysis presentation (5 minutes per student), due Week 4 of scheduled teaching time, 10%.

This subject is not available as a breadth subject.

• Advanced communication skills (written and verbal) appropriate to professional contexts;
• Ability to apply broad theoretical and cross-disciplinary knowledge about heritage to a specific case-study or project;
• Project management skills, including scoping projects, developing timelines and meeting deadlines.