MMP712 - Rating and Statutory Valuation


2021 unit information

Enrolment modes: Trimester 1: Cloud (online)
Credit point(s): 1
Previously coded as: SRP712
EFTSL value: 0.125


Corequisite: Nil
Incompatible with:


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) Online independent and collaborative learning activities including 3 scheduled online classes


This unit is broken into two separate components:

(a) valuation for statutory purposes and

(b) compulsory acquisition and compensation.

Valuation for statutory purposes covers the role of statutory valuation in society with reference to, local government rates, mass appraisal techniques and land tax. Compulsory acquisition and compensation covers valuation principles and methodologies, expert witness statements and preparation for court as an expert witness.

On completion of the unit students should be able to:

- describe the purpose of, and methods used in, statutory valuations and property taxation

- explain the history of property taxation

- prepare a valuation report for a compulsory acquisition

Hurdle requirement

Hurdle requirement: achieve at least 50% of the available marks in the examination

Unit Fee Information

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