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2024 unit information
Nil
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.
1 x 1 hour on-campus lecture (recordings provided) and 1 x 2 hour on-campus seminar (recordings provided) each week
1 x 1 hour recorded lecture and 1 x 2 hour online seminar (recordings provided) each week
This unit aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision-making in property development. It comprises the development process and the major players, concept of highest and best use, time value of money, the decision to build, property market research and analysis, appreciation of investment and market valuation methods, evaluation of land suitable for subdivision, development appraisal including residual analysis and cash flow modelling, price and worth, as well as risk, return and risk analysis. Students progressively explore the issues that affect development of land and redevelopment of existing properties through an understanding of local and regional planning controls, procedures, legislative policy and precedent, and the use of Proptech in facilitating the property development process.
Describe the fundamental requirements and stages of residential property development.
GLO1: Discipline-specific knowledge and capabilities
ULO2
Differentiate between the different residential property sub-markets.
ULO3
Perform a “highest and best use” analysis and basic feasibility study of a residential property development.
GLO1: Discipline-specific knowledge and capabilitiesGLO5: Problem solving
ULO4
Consider the impact of a range of social, sustainable, ethical, economic and cultural issues in property development decisions.
GLO1: Discipline-specific knowledge and capabilitiesGLO8: Global citizenship
Information not yet available
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: Students must successfully complete the online module “Professional literacy” before they can attain access to Assessment One and Assessment Two drop box.
The texts and reading list for the unit can be found on the University Library via the link below: MMP122 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.
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