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  3. Property Management

Property Management (ABPL30012)

Undergraduate level 3Points: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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This core subject for the Bachelor of Environments property major draws together economic, physical/environmental, financial and legal aspects relating to the management of the property asset from the perspective of a managing agent or major property portfolio manager who are responsible for the performance of investment properties during the 95% of their economic life between the completion of initial construction and eventual demolition.
Topics include:

  • What is property management?;
  • Stakeholders including: public and private perspectives, and owner/investor and occupier perspectives;
  • Managing properties from various use classifications;
  • Managing the physical asset: property inspections;
  • Services – contract management;
  • Planned programmed maintenance systems, etc.;
  • Legal, environmental and market demands including lease conditions and management;
  • Sustainability risk management;
  • OHS;
  • International comparisons.

Intended learning outcomes

When students have completed this subject they should be able to:



  • Understand the character and role of property management systems and practices across a range of property types from a range of stakeholder perspectives;
  • Be aware of the social, legal, economic and environmental impacts of property management practice;
  • Access, interpret and communicate data relevant to current property management issues.

Generic skills

Upon successful completion of this subject students will have had the opportunity to develop the following generic skills:

  • Analytical skills – an enquiring and analytical approach to the management of commercial property interests;
  • Communication skills – an enhanced ability to communicate analysed interpretations of property management outcomes through written and oral presentations;
  • Problem solving skills – an increased body of knowledge associated with resolution of contemporary issues and practices in property management; and
  • Team working skills – an enhanced ability to generate and communicate a range of relevant property management practices and procedures at an academic and professional standard.

Last updated: 18 February 2025