| Type: | Postgraduate Subject |
|---|---|
| Code: | SSUD71-124 |
| EFTSL: | 0.125 |
| Faculty: | Faculty of Society and Design |
| Semesters offered: |
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| Credit: | 10 |
| Subject fees: |
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Description
This 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.
Subject details
Learning outcomes
- Describe the nature and role of property development within a modern economy.
- Understand the property development process, including the investigation of initial development concepts, site acquisition and site assembly.
- Explain the role of planning and the planning process in property development and how development controls impact on urban areas and specifically on development site values.
- Prepare a feasibility report for a potential residential property development project to determine project viability.
- Understand the risk management process for a property development project as well as sensitivity analysis for key variables.
- Research and calculate key revenue and expenditure input variables for a potential property development project including comparable sales, rental revenues, construction costs, infrastructure charges and other applicable government taxes and charges.
- Recognise the importance of sustainability in the urban environment.
Enrolment requirements
| Requisites: |
Nil |
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| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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| Restrictions: |
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Subject dates
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January 2024
Non-Standard Offfering Enrolment opens: 14/11/2023 Semester start: 29/01/2024 Subject start: 29/01/2024 Cancellation 1: 11/02/2024 Cancellation 2: 14/02/2024 Last enrolment: 09/02/2024 Withdraw - Financial: 23/02/2024 Withdraw - Academic: 10/03/2024 Teaching census: 22/02/2024 -
January 2025
Non-Standard Offering Enrolment opens: 10/11/2024 Semester start: 03/02/2025 Subject start: 03/02/2025 Cancellation 1: 17/02/2025 Cancellation 2: 21/02/2025 Last enrolment: 15/02/2025 Withdraw - Financial: 03/03/2025 Withdraw - Academic: 20/03/2025 Teaching census: 02/03/2025
| Non-Standard Offfering | |
|---|---|
| Enrolment opens: | 14/11/2023 |
| Semester start: | 29/01/2024 |
| Subject start: | 29/01/2024 |
| Cancellation 1: | 11/02/2024 |
| Cancellation 2: | 14/02/2024 |
| Last enrolment: | 09/02/2024 |
| Withdraw - Financial: | 23/02/2024 |
| Withdraw - Academic: | 10/03/2024 |
| Teaching census: | 22/02/2024 |
| Non-Standard Offering | |
|---|---|
| Enrolment opens: | 10/11/2024 |
| Semester start: | 03/02/2025 |
| Subject start: | 03/02/2025 |
| Cancellation 1: | 17/02/2025 |
| Cancellation 2: | 21/02/2025 |
| Last enrolment: | 15/02/2025 |
| Withdraw - Financial: | 03/03/2025 |
| Withdraw - Academic: | 20/03/2025 |
| Teaching census: | 02/03/2025 |