Subjects overview
This program can be completed in 8 months (2 semesters)
This program can be completed in 8 months (2 semesters)
Students must choose sixty credit points (60CP) of subjects from the following electives.
Understanding Buildings provides an overview of the building construction process. Focused on detached housing development, this subject introduces the stakeholders and the physical, legislative, and cost factors affecting the development of a building. It investigates the parts of a building and their functions in detail, as well as the construction sequence and methods adopted. Construction terminology is examined and spatial awareness and drawing interpretation are practised.
Read moreThis subject will introduce students to the legal principles that apply to the ownership, use, and transfer of real property. The subject will develop an understanding of the sources of law, the various interests in land, real estate contracts, and the rights, duties, and obligations attaching to the ownership and use of real property. The subject provides students with a sound understanding of real property contracts, financial interests in land, and the remedies available to enforce interests in land. Students will develop a good understanding of the various legal interests in real property and prepare them for further studies in planning, valuation, property development, and investment.
Read moreThe subject will introduce students to the theory and practice of property valuation as a professional process in accordance with current International Valuation standards. The subject is designed to assist students to develop an understanding of the property market, the role of the profession and the methods of valuation used to determine the value of a range of legal interests in property. At this introductory stage, these interests will relate to open market freehold interests. The subject will draw upon the current property market and the assessment will require students to collect and analyse market data from a range of defined sources. Students will also be given the opportunity to acquire the necessary analytical tools to work through property market specific supply and demand issues, identify future market trends and objectively evaluate current issues affecting property being valued. The summative (graded) assessment will be achieved by the completion, at an introductory professional standard, of two comprehensive valuation reports based on field inspections.
Read moreThis subject encompasses three principal themes: the context of professional practice in commercial property valuation; property market analysis through the use of contemporary data sources and their appropriate manipulation; and exposure to a range of commercial valuation applications, methods and property interests.
Read moreThis subject provides students with an understanding of the property development process and the importance of the property development industry in a modern economy. Additionally, the subject introduces the processes involved in property development in market economies in the context of government regulation and approval requirements, as well as providing an introduction to the financial analysis and the determination of the viability of potential projects. The emphasis is on the private sector and the roles of the various stakeholders.
Read moreThis subject equips students with a detailed understanding of corporate finance including capital raisings, private equity, and restructuring. Tax issues are also covered including technical application and effects on risk management. The subject also describes the origins and history of REITs and examines real property as an asset class over the economic and investment cycles. The application of portfolio theory is also covered and focuses on the role of real property assets in both listed and unlisted forms in creating a diversified portfolio. Specific industry topics are analysed including capital structure, REIT fund evaluation and performance measurement and property debt securitisation.
Read moreThis subject provides an introduction to planning principles, processes and practices in Australia. It will review strategic and statutory planning processes with particular focus on key planning legislation, plan making and development assessment. The subject will examine planning at different scales from global to local area planning. The subject will provide an overview of strategic land use planning, including smart cities and sustainable development, as well as governance mechanisms for the integration of land use and infrastructure. Students will learn to navigate a planning scheme to assist them in their chosen profession/s. Through practical exercises, students will also develop skills in putting together planning applications as well as understanding development assessment processes.
Read moreThis subject will extend the knowledge acquired in previous valuation and investment subjects by examining the methodologies used for the valuation of complex and diverse property interests. Various applications and methods of valuation will be analysed. For statutory valuation purposes the mass appraisal method, GIS applications and the compulsory acquisition process will be evaluated. Examples of specialist valuation topics that may be covered include the valuation of management rights, hotels, marinas, businesses, retirement sector assets, plant and machinery and rural properties. Specialist valuation topics vary depending on access to guest speakers. The rules of conduct of the relevant professional bodies will also be analysed with particular emphasis on the role of a valuer as an expert witness and risk management.
Read moreStudents must choose twenty credit points (20CP) of postgraduate subjects from across the University.
Students may choose from all postgraduate subjects across the University that are available as general electives.
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Take the guess work out of planning your study schedule. Your program's study plan has been carefully curated to provide a clear guide on the sequential subjects to be studied in each semester of your program. Your study plan is designed around connected subject themes to equip you with the fundamental knowledge required as you progress through your course.