Unit details

MMP111 - Introduction to Property

Note: You are seeing the 2013 view of this unit information. These details may no longer be current. [Go to the current version]
Enrolment modes:

(B, online)

Credit point(s):1
Offerings:

Trimester 1 (B, Online), Trimester 3 (Online)

Previously coded as:

SRP111

EFTSL value: 0.125
Unit chair:

R Reed

Prerequisite:

Nil

Corequisite:

Nil

Incompatible with:

Nil

Contact hours: 1 x 2 hour lecture, 1 x 1 hour tutorial per week

Note:

Online teaching methods require internet access. Please refer to the most current computer specifications.

Content

This unit aims to give students a general introduction into the property market and the role property plays in a today’s economy. It introduces the concept of real property and improvements to land; highest and best use, property and the economy; a broad overview of property markets and sub-markets; an introduction to investment, yield and the time value of money; stages of property development and the stakeholders; urban economics and geography.  On completion of Introduction to Property students should be able to:

  • Place property in the context of the built environment, urban planning, the investment environment, design and construction.
  • Appreciate the concept of real property & improvements on land.
  • Gain a broad understanding of property markets and sub-markets.
  • Be aware of the broad legal and economic aspects of property valuation.
  • Appreciate the basic concepts of investment, yield and the time value of money including the essentials of basic financial mathematics.
  • Recognise the importance of urban economics and geography in the growth of cities and urban areas.

 

Assessment

Assignment 1 2500 words 25%, Assignment 2 2500 words 25%, Examination 2 hours 50%

From Trimester 3 2013:

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

Student Contribution Rate*Student Contribution Rate**Fee rate - Domestic Students Fee rate - International students
$1224$1224$2506$2660

* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.


Back to top