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MMP712 - Rating and Statutory Valuation

Unit details

Year2018 unit information
Enrolment modes:Trimester 1: Cloud (online)
Credit point(s):1
EFTSL value:


Previously coded as:


Unit chair:

Richard Reed





Incompatible with:


Contact hours:

Online independent and collaborative learning activities


This unit is broken into two separate components:

(a) valuation for statutory purposes and

(b) compulsory acquisition and compensation.

Valuation for statutory purposes covers the role of statutory valuation in society with reference to, local government rates, mass appraisal techniques and land tax. Compulsory acquisition and compensation covers valuation principles and methodologies, expert witness statements and preparation for court as an expert witness.

On completion of the unit students should be able to:

- describe the purpose of, and methods used in, statutory valuations and property taxation

- explain the history of property taxation

- prepare a valuation report for a compulsory acquisition


Assignment 1 2500 words 25%

Assignment 2 2500 words 25%

Examination 2 hours 50%

Hurdle requirement: achieve at least 50% of the available marks in the examination

Unit Fee Information

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