Bachelor of Property and Real Estate
Course summary for local students
|Year||2016 course information|
|Award granted||Bachelor of Property and Real Estate|
|Campus||Offered at Burwood (Melbourne)|
|Length||3 years full-time or part-time equivalent|
|Next available intake|
March (Trimester 1), July (Trimester 2), November (Trimester 3)
|CSP annual fee (indicative) - commencing 2016||$10,042 - Commonwealth Supported Place (HECS)|
|Full fee paying annual fee - commencing 2016||Not applicable|
Faculty of Business and Law - student advisers
|VTAC Codes||1400514451 - Burwood (Melbourne), Commonwealth Supported Place (HECS)|
1400614451 - Cloud (online), Commonwealth Supported Place (HECS)
|CRICOS course code||060343B|
|Deakin course code||M348|
- Course overview
- Professional recognition
- Fees and charges
- Career opportunities
- Course rules
- Major sequences
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- Credit for prior learning - specific
- How to apply
- Further study
- Key dates
The Bachelor of Property and Real Estate has core streams in property development, valuation and property market analysis with supporting units comprising business law, accounting and economic principles. Major sequences are available in financial management, global finance or sustainability.
The course aims to produce graduates prepared for a career in property development, property valuation, financial management and a wide array of property-related professions. The course has close links with professional bodies such as the Australian Property Industry (API) and the Royal Institute of Chartered Surveyors (RICS) and is well regarded by industry. Students in this course undertake ‘real life’ education with the focus placed on current issues and relevant topics in the property industry.
The course has received professional accreditation by the Australian Property Institute and the Royal Institution of Chartered Surveyors. Graduates will meet the academic requirements for membership as a Certified Practising Valuer.
Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is considered a standard full time load for one year. Each unit you study has an EFTSL value. You can add these together to calculate your study load each year. Depending on enrolment, you may be enrolled in more than or less than the one EFTSL each year.
Commonwealth supported place (CSP)
Under the present legislation, a Commonwealth supported place is one for which the University receives some Government funding. Students enrolled in these places are required to contribute part of their course costs. To be eligible for a Commonwealth supported place you must be an Australian citizen, or New Zealand citizen or holder of a permanent visa who will be residing in Australia for the duration of your study.
Full-fee paying (FFP)
A full-fee paying place is one which the University does not receive any Government funding. Students enrolled in these places contribute the full cost of their course.
Domestic full-fee paying places are available to Australian citizens, New Zealand citizens or holders of a permanent visa.
Fee information for all domestic students
The current Federal Government has proposed a number of major reforms for the higher education sector (see the Higher Education and Research Reform Amendment Bill 2014), including fee deregulation in respect of domestic student fees. This legislation may be reintroduced to the parliament in the latter half of 2015 and if passed, will impact on the CSP and FFP course fees applicable in 2016.
* Therefore, the indicative annual course fee shown is provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2015, and reflects the cost involved in undertaking full-time study within the specified discipline. The 2016 CSP and FFP course fees may change if the Commonwealth Government's proposed fee deregulation and reforms legislation is passed.
The actual fees charged by Deakin University, will depend on the individual unit discipline and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2016 can be viewed from the Unit Search. Should a change in Government policy affect the cost of units offered, the website will be updated as soon as possible.
The fees per unit/credit point may be otherwise subject to an annual increase due to rises in the cost of course delivery and service.
This information is provided as a guide only. No representation is made that the information provided is current or accurate. Deakin assumes no responsibility for persons relying on indicative course fees to calculate the total future cost of their course. Applicants can email firstname.lastname@example.org au for more information about 2016 fees.
Fee payment assistance
Australian citizens or holders of a permanent humanitarian visa, enrolling in a CSP or FFP, may be eligible for HECS-HELP or FEE-HELP respectively. For more information about HECS-HELP or FEE-HELP visit the Study Assist website.
Graduates are highly sought after and find employment as property developers, private or government valuers, property advisors, market research analysts, property sales and acquisitions, financiers, sustainability consultants, funds manager, property and asset managers, leasing agents and land economists. Graduates are able to specialise in all facets of the real estate market including commercial and industrial property, residential property and other related land uses in the built environment.
To complete the Bachelor of Property and Real Estate, students must attain a total of 24 credit points. Most units (think of units as 'subjects') are equal to 1 credit point.
The 24 credit points include 16 credit points of core units (these are compulsory) and 8 credit points of electives (which may include a major sequence in either financial management, global finance or sustainability) and one zero credit point academic induction unit. Most students choose to study 4 units per trimester, and usually undertake 2 trimesters each year.
Refer to the details of each major sequence for availability.
Level 1 - Trimester 1
|MCA010||Communication for Academic Studies (0 credit points)|
|MAF101||Fundamentals of Finance|
|MMP111||Introduction to Property|
|SRT112||Sustainable Construction *|
*This unit was previously coded MMP112
Level 1 - Trimester 2
|MAE101||Economic Principles #|
|MMP121||Property Law and Practice|
|MMP122||Introduction to Property Development|
|MAA103||Accounting for Decision Making|
#MAE101 is also available in Campus mode at Waterfront (Geelong) and in Cloud (online) mode in Trimester 1.
Level 2 - Trimester 1
|SRT214||Commercial Property Construction Studies ^|
^ This unit was previously coded MMP214
Level 2 - Trimester 2
|MMP222||Advanced Property Development|
plus two elective units
Level 3 - Trimester 1
|MMP321||Advanced Property Analysis|
plus three elective units
Level 3 - Trimester 2
|MMP311||Advanced Property Valuation|
plus three elective units
The Business Scholars Program (BSP) is open to students of Commerce, Information Systems, Management, Property and Real Estate, Sport Management and Sport Development to recognise, reward and nurture high achieving students admitted to a business degree in the Faculty of Business and Law.
Please refer to the following link for further information: http://deakin.edu.au/buslaw/students/fin-support/business-scholars.php.
Course Learning Outcomes
|Graduate Learning Outcome||Course Learning Outcome|
|Discipline specific knowledge and capabilities||Employ broad and coherent theoretical and technical knowledge in the fields of property development, investment, property valuation, and property management in private and commercial real estate markets, both nationally and internationally. Apply stringent legal and ethical standards to all valuation, development, investment and management scenarios, including simulated and real world applications. |
|Communication||Prepare and present a selection of well developed, English proficient written, oral and visual analysis and reports comprised of property concepts and information to a range of stakeholders including investors, developers, regulators, clients, and colleagues.|
|Digital literacy||Identify, locate, evaluate, and synthesise information about market and submarket trends and forecasts, economic influences, statutory requirements and industry practices and communicate information and solutions to stakeholders utilising a range of diagnostic, analytical and report ing technologies.|
|Critical thinking||Evaluate and critically analyse data on property markets and indicators for the planning, design and development of commercial, industrial, retail and residential property.|
|Problem solving||Apply property evaluation and appraisal methodologies to identify solutions and sustainability strategies for a diverse range of authentic problems in property.|
|Self-management||Self manage and construct a body of evidence which demonstrates skills acquired. Self reflect and critique own performance and implement an action plan for continuing and future professional development.|
|Teamwork||Collaborate with others to undertake research which examines contemporary issues in property.|
|Global citizenship||Apply the interconnected principles of property planning, design, construction, management, maintenance and transference to a range of different environments and contexts reflecting social, sustainable, ethical, economic, and global perspectives.|
Entry requirements - general
Deakin University offers admission to undergraduate courses through a number of admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
For more information on the Admission Criteria and Selection Policy visit The Guide.
Entry requirements - specific
Applicants should have successfully completed VCE or equivalent. Refer to the VTAC Guide for the latest pre-requisite information www.vtac.edu.au
Those aged 21 or over on 1 January and who do not hold VCE or equivalent should apply under Alternative Admission. This category is open to those who do not satisfy normal entrance requirements, but can demonstrate relevant work or life experience.
Credit for prior learning - general
The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.
You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree.
Credit for prior learning - specific
The program has been designed to enable mid-year entry at any level and articulate with diploma and advanced diploma programs from both Australia and overseas.
How to apply
Some courses are available in Trimester 2 and 3 2016. Check our Midyear entry and Trimester 3 pages to see if direct applications are open for this course.
Applications for Trimester 2 and Trimester 3 must be made directly to the University through the Applicant Portal. For information on the application process and closing dates, see the Apply web page. Please note that closing dates may vary for individual courses.
Graduates of this course may wish to pursue postgraduate study, specifically a Master of Business Administration or Master of Planning (or equivalent qualification), or (for Honours students) a Masters or PhD by research, subject to performance. Note to be eligible for entry into the Master of Business Administration, also requires students to have three years relevant work experience.
Please note: The eligibility of students for membership of the accrediting body is subject to meeting the requirements of that body and that Deakin makes no representations that individuals will meet those requirements.