Advanced Property Analysis (ABPL90011)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

  • Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
  • Advanced financial analysis;
  • Composition and functioning of the property lending market;
  • Property lenders and lending products;
  • The determination (and assessment of major determinants) of lending interest rate;
  • Contemporary risk issues;
  • Measurement of returns.

Intended learning outcomes

When you have completed this subject you should be able to:




 

  • Use a variety of market research techniques;
  • Appreciate the challenges faced when assessing the value of non conventional property;
  • Understand both basic and advanced techniques of financial analysis and how they apply to property analysis;
  • Understand composition and functioning of the property lending market;
  • Appreciate complexities and interdependencies of risk and return relationship;
  • Understand how Australian lenders determine their lending interest rates;
  • Develop the necessary skills to undertake a small research project.

Generic skills

On completion of the subject students should have developed the following generic skills and capabilities:

  • Professional/industry communication;
  • Applied research skills;
  • Analytical and problem solving skills.

Last updated: 4 March 2025

Eligibility and requirements

Prerequisites

Admission into one of the following:

  • 200pt Program course entry point in the MC-PROP Master of Property
  • MC-PROP2Y Master of Property
  • 702PA Graduate Diploma in Property Valuation

OR

Code Name Teaching period Credit Points
ABPL90274 Property Markets and Valuations
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

ABPL40016 Advanced Property Analysis

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: 4 March 2025

Assessment

DescriptionTimingPercentage

Assignment one

  • 1200 words (total)
Mid semester25%

Assignment two

  • 1200 words (equivalent)
towards end of semester25%

One examination

  • 2 hours
Hurdle requirement: A minimum grade of at least 40% must be achieved in the final examination to pass the subject.		End of semester50%

Additional details

 

 

 

Last updated: 4 March 2025

Dates & times

  • Semester 2
    Principal coordinatorHao Wu
    Mode of deliveryOn Campus (Parkville)
    Contact hours1x2 hour lecture per week; 1x1 hour tutorial per week
    Total time commitment170 hours
    Teaching period28 July 2025 to 26 October 2025
    Last self-enrol date 8 August 2025
    Census date 1 September 2025
    Last date to withdraw without fail26 September 2025
    Assessment period ends21 November 2025

    Semester 2 contact information

    Email:haow@unimelb.edu.au

    Enquiries:
    Current Student: http://ask.unimelb.edu.au/
    Web: http://edsc.unimelb.edu.au/

Time commitment details

170 hours

Last updated: 4 March 2025

Further information

  • Texts

    Prescribed texts

    • Whipple, R.T.M. (2006), Property Valuation and Analysis, second edition, Law Book Company Limited.
    • Australian Property Institute (2007), The Valuation of Real Estate, API, Canberra.
    • Expanded lecture notes and additional prescribed and recommended readings (provided on the LMS).
  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    CourseGraduate 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.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    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: 4 March 2025