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Property Development (ABPL90026)
Graduate courseworkPoints: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
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
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 1 |
---|---|
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
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 )
OR
Entry into the Melbourne School of Design and completion of at least 50 points 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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Assignment 1: individual assignment, due around mid-semester
| Mid semester | 15% |
Assignment 2: group assignment, equivalent to 1,500 words per student
| towards the end of the semester | 25% |
One group presentation, (equivalent to 500 words per student)
| towards end of semester | 10% |
Exam
| During the examination period | 50% |
Additional details
please refer to the LMS for up-to-date information on subjects being delivered and assessment due dates
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 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020 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 Master of Urban Planning Course Graduate Diploma in Property Valuation - 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