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Property Development (ABPL90026)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Email: g.warrenmyers@unimelb.edu.au
Overview
Availability | Semester 1 |
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Fees | Look up fees |
This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. It comprises:
- the development process and the major players;
- time value of money;
- the decision to build;
- property market research and analysis;
- appreciation of investment and market valuation methods;
- development appraisal including residual analysis and cash flow modelling;
- price and worth; risk, return and risk analysis.
Intended learning outcomes
On completion of the subject students should be able to:
- Understand the important factors influencing the decision to build and develop a property;
- Place property in the context of business organizations, property, urban planning, design, construction and quantity surveying;
- Identify a site or property suitable for a major property development;
- Complete a development appraisal for a major property development;
- Model property development cash flow;
- Apply industry standard software to the development process;
- Evaluate the viability of property development proposals.
Generic skills
On completion of the subject students should have developed the following skills and capabilities:
- professional/industry communication;
- team working;
- analytical and problem solving skills;
- experience of industry software applications.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Entry into the Melbourne School of Design or approval from the subject coordinator.
Corequisites
None
Non-allowed subjects
Students who have completed the following subjects are not eligible to enrol in this subject:
702-418/702-659 Land Economy
702-418/702-659 Property Development and Investment
702-418/702-659 Property Development
ABPL40009
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Assignment 1: individual assignment, due around mid-semester 15% 1,000 words;
- Assignment 2: group assignment, due towards the end of the semester, 25%, equivalent to 1,500 words per students;
- One group presentation, 5 minutes per student, (equivalent to 500 words per student), towards end of semester (10%);
- One two hour examination, examination period (50%).
Hurdle: A minimum mark of 40% must be achieved in the examination in order to pass the subject
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Georgia Warren-Myers Mode of delivery On Campus (Parkville) Contact hours 1 x 2 hour lecture per week; 1 x 1 hour tutorial per week Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Email: g.warrenmyers@unimelb.edu.au
Time commitment details
170 Hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Property Valuation Course Master of Property Course Master of Urban Planning Course Master of Property Major 200 point Master of Property Major 300 point Master of Property - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022