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MMP713 - Property and Real Estate Context

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 1: Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:SRP711
Unit Chair:Trimester 1: Bill Dimovski
Prerequisite:

Nil

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.

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit aims to give students a basic understanding of the property market including land economics, urban economic geography and the role valuation plays in the broader property market.

On completion of the unit students should be able to:

  • become familiar with the basic concepts, valuation methods and nuanced language of property
  • critically analyse markets, growth in the markets and factors affecting the property prices
  • estimate a property price using a comparison of sales approach.
 

These are the Learning Outcomes (ULO) for this Unit

At the completion of this Unit, successful students can:

Deakin Graduate Learning Outcomes

ULO1

Define and explain the basic concepts, valuation methods and language of property.

GLO1: Discipline-specific knowledge and capabilities

ULO2

Critically analyse markets, growth in the markets and factors affecting property prices, using property language.

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

ULO3

Estimate the price of property, using various methods including a comparison of sales approach.

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

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (Individual) - Written report 2500 words 25% Week 6
Assessment 2 (Individual) - Written report 2500 words 25% Week 9
Examination 2 hours 50% Exam 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: achieve at least 50% of the available marks in the examination

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP713 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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