MMP311 - Advanced Property Valuation

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:SRP311
Unit Chair:Trimester 2: Adrian Lee
Prerequisite:

MMP212

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture (recordings provided) each week and 1 x 1 hour on-campus seminar (recordings provided) each week 

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recorded lecture provided and 1 x 1 hour online seminar (recordings provided) each week

Content

This unit builds upon property valuation approaches developed in MMP212 Property Investment and examines a wide and diverse range of valuation methodologies. Several advanced valuation topics are examined including advanced valuation techniques for investment grade properties, valuation of specialised properties such as hotels, rural properties and retirement villages, and specialised areas in property valuation such as plant and equipment valuations. Advanced research methods are also examined including independently undertaking research on a topic related to specialised property valuation.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply advanced valuation theories and techniques to value investment properties, especially commercial properties.

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem solving

ULO2

Critically evaluate and apply different valuation approaches and sources of information necessary to value special properties.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO3

Independently undertake research on a specialised topic related to property valuation and present it as an academic report.

GLO1: Discipline-specific knowledge and capabilities
GLO6: Self-management

ULO4

Prepare a conference paper for Property professionals.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: (Group of 3) Report (Research) 2000 words 25% Week 5
Assessment 2: (Individual) Report (Business) 1500 words 25% Week 10
Examination: Specified resources  2 hours 50% End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: Students must successfully complete the online module “Professional literacy” before they can attain access to Assessment One and Assessment Two drop box. 

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP311 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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