MMP311 - Advanced Property Valuation
Unit details
| Year: | 2023 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| Previously coded as: | Nil |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 2: Jerry Liang |
| 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. |
| Scheduled learning activities - campus: | 1 x 2 hour class per week and 1 x 1 hour seminar per week |
| Scheduled learning activities - online: | Online independent and collaborative learning activities including 3 scheduled online seminars |
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 |
| ULO2 | Critically evaluate and apply different valuation approaches and sources of information necessary to value special properties. | GLO1: Discipline-specific knowledge and capabilities |
| 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 |
| ULO4 | Prepare a conference paper for Property professionals. | GLO1: Discipline-specific knowledge and capabilities |
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 |
| Online Examination (Open Book, Proctored) | 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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