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MMP322 - Advanced Property Development

Year:

2022 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
EFTSL value:0.125
Previously coded as:MMP222, SRP222
Unit Chair:Trimester 2: Tom Keel
Prerequisite:

MMP122 and 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.

Scheduled learning activities - campus:

1 x 2 hour class, 1 x 1 hour seminar per week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 11 scheduled online seminars

From T2 2022:
Online independent and collaborative learning activities including 1 x 1 hour weekly scheduled online seminars 

Content

This unit aims to give students an advanced knowledge and a high level of skills to be able to operate as a property development, design or construction costing professional in the area of development advice and decision-making in complex property development. It comprises the development process and the major stakeholders, time-value-of-money and sensitivity analysis; considerations around the decision to build; property market research and analysis; sustainablityInternational development issues, appreciation of investment and market valuation methods; development appraisal including marketing, residual analysis and cash flow modelling; price and worth; risk, return and risk analysis.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1 Analyse risks in property development and decision-making strategies under risk and uncertainty

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

ULO2

Prepare detailed feasibility study reports for complex development projects including the implementation of sustainable initiatives in the design stage of the development process

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication

ULO3

Analyse and model cash flows and finances in property development projects to inform decision making strategies in a complex environment 

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

ULO4

Apply the principles of property and development with consideration of the inter-dependency of various economic, market and lending conditions from a local and global perspective

GLO8: Global Citizenship

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: (Group of 3) Case Study 3000 words 30% Week 5
Assessment 2: (Individual) Financial Analysis (Report) 2000 words 35% Week 10
Examination (Open Book) 2 hours 35% 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.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP322 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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