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Statutory Valuation (PG) (ABPL90045)
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 2
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 2 |
---|---|
Fees | Look up fees |
Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.
Intended learning outcomes
On completion of the subject students should be able to:
- Demonstrate a sound understanding of taxation affecting property;
- Prepare a compensation report; and
- Be involved in a moot court.
Generic skills
On completion of the subject students should have developed the following skills and capabilities:
- Working in a group environment.
- Writing of a compensation report.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into one of the following courses:
MC-PROP Master of Property ( 200 points, entry point)
MC-PROP2Y Master of Property 200 points
702PA Graduate Diploma of Property Valuation
OR
Completion of the following two subjects:
ABPL90274 Property Markets and Valuation
ABPL90275 Property Resources Management
OR
Approval from the subject coordinator
Corequisites
None
Non-allowed subjects
702-353 Statutory Valuation
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 - Multiple Regression Analysis estimating the value of 6,000 properties. Excel worksheet & Word report required to be submitted
| Week 6 | 20% |
Assignment 2 - A full professional standard compensation valuation report
| Week 11 | 20% |
Mock Court Room Presentation - the student will be required to act as both an expert witness and also as a cross examiner based on the findings of Assignment 2 - compensation valuation, equivalent to 500 words per student
| Week 10 | 10% |
One final exam
| During the examination period | 50% |
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Hao Wu Mode of delivery On Campus (Parkville) Contact hours 36 hours: 1 x 2 hours of lectures per week; 1 x 1 hour studio per week. Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
Time commitment details
170 Hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
The Valuation of Real Estate, Australian Property Institute, Canberra, 2007.
- Related Handbook entries
This subject contributes to the following:
Type Name 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