Advanced Property Analysis

Subject ABPL90011 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points: 12.5
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2016:

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 25-Jul-2016 to 23-Oct-2016
Assessment Period End 18-Nov-2016
Last date to Self-Enrol 05-Aug-2016
Census Date 31-Aug-2016
Last date to Withdraw without fail 23-Sep-2016

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 1x2 hour lecture per week; 1x1 hour tutorial per week
Total Time Commitment:

170 hours


Study Period Commencement:
Credit Points:

or equivalent, ABPL90045 can be taken taken concurrently.

PLUS either

Admission to one of the following courses:

Admission into MC-PROP Master of Property (200 point, entry point)

Admission into MC-PROP2Y Master of Property (200 points )
702PA Graduate Diploma of Property Valuation


Completion of the following two subjects:

Study Period Commencement:
Credit Points:
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects:
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:


Dr Hao Wu


The Eastern Precinct (building 138)
(between Doug McDonell building and Eastern Resource Centre)

Current Student:

Subject Overview:

This subject builds on property fundamentals and focuses on research in the real estate market. The subject aims to give you a range of applied skills in advanced property analysis, such as:

  • Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
  • Advanced financial analysis;
  • Composition and functioning of the property lending market;
  • Property lenders and lending products;
  • The determination (and assessment of major determinants) of lending interest rate;
  • Contemporary risk issues;
  • Measurement of returns.

Learning Outcomes:

When you have completed this subject you should be able to:

  • Use a variety of market research techniques;
  • Appreciate the challenges faced when assessing the value of non conventional property;
  • Understand both basic and advanced techniques of financial analysis and how they apply to property analysis;
  • Understand composition and functioning of the property lending market;
  • Appreciate complexities and interdependencies of risk and return relationship;
  • Understand how Australian lenders determine their lending interest rates;
  • Develop the necessary skills to undertake a small research project.

  • One three-hour end of semester examination (50%);
  • One class presentation (15%) and One assignment (35%) both due at the end of the semester.Presentation and assignment totalling no more than 2500 words.

Hurdle requirement: A minimum grade of at least 40% must be achieved in the final examination to pass the subject.

Prescribed Texts:
  • Whipple, R.T.M. (2006), Property Valuation and Analysis, second edition, Law Book Company Limited.
  • Australian Property Institute (2007), The Valuation of Real Estate, API, Canberra.
  • Expanded lecture notes and additional prescribed and recommended readings (provided on the LMS).
Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On completion of the subject students should have developed the following generic skills and capabilities:

  • Professional/industry communication;
  • Applied research skills;
  • Analytical and problem solving skills.

Related Course(s): Graduate Diploma in Property Valuation
Master of Property
Master of Property
Related Majors/Minors/Specialisations: 200 point Master of Property
300 point Master of Property
Melbourne School of Design multidisciplinary elective subjects

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