Statutory Valuation (PG) (ABPL90045)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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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: 4 March 2025

Eligibility and requirements

Prerequisites

Admission into one of the following:

  • Admission into or selection of one of the following:
    • 200pt Program course entry point in the MC-PROP Master of Property
    Admission into or selection of one of the following:
    • MC-PROP2Y Master of Property
    • 702PA Graduate Diploma in Property Valuation
    • MC-PROPUP Master of Property/Master of Urban Planning
  • Admission into MC-CMPROP( Master of Construction / Master of Property) OR Admission into MC-ARCPROP (Master of Architecture / Master of PROP) with an undergraduate major or degree in Property

OR

All of

Code Name Teaching period Credit Points
ABPL90274 Property Markets and Valuations
Semester 1 (On Campus - Parkville)
 12.5
ABPL90275 Property Resources and Management
Semester 2 (Dual-Delivery - Parkville)
 12.5

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: 4 March 2025

Assessment

DescriptionTimingPercentage

Assignment 1 - Multiple Regression Analysis estimating the value of 6,000 properties. Excel worksheet & Word report required to be submitted

  • 1250 words (equivalent)
Week 625%

Assignment 2 - A full professional standard compensation valuation report

  • 1250 words
Week 1125%

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

  • 500 words (equivalent)
Hurdle requirement: Students must satisfactory complete the Mock Court Room Presentation		Week 1010%

One final exam

  • 3 hours
During the examination period40%

Last updated: 4 March 2025

Dates & times

  • Semester 2
    Principal coordinatorHao Wu
    Mode of deliveryOn Campus (Parkville)
    Contact hours36 hours: 1 x 2 hours of lectures per week; 1 x 1 hour studio 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

    Hao Wu

    haow@unimelb.edu.au

    Gino Mitrione

    ginom@unimelb.edu.au

Time commitment details

170 Hours

Last updated: 4 March 2025

Further information

  • Texts

    Prescribed texts

    The Valuation of Real Estate, Australian Property Institute, Canberra, 2007.

  • 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