ARBE6362

Advanced Property Valuation

Faculty of Engineering and Built Environment School of Architecture and Built Environment

10 Units 6000 Level Course

Available in 2014

WebLearn GradSchool	Trimester 2

Previously offered in 2013, 2012, 2011

Develop the students advanced knowledge in applying accepted valuation methodologies to complex (commercial/retail/industrial) and specialised properties, and property investment analysis for complex property development.

Objectives

On completion of this course students are expected to:
(1) Understand the principles of sales and rental analysis, capitalisation approach to valuation, and characteristics of complex (commercial/retail/industrial) and specialized properties
(2) Ability to prepare a valuation report for a complex (commercial/retail/industrial) or specialized property.
(3) Ability to apply software and techniques for real estate investment decision-making practices of a complex property development.

Content

1. Sales and Rental Analysis
2. Capitalisation (income) approach to value
3. Characteristics and valuation of commercial (office) properties including business parks
4. Characteristics and valuation of retail properties
5. Characteristics and valuation of industrial properties
6. Characteristics and valuation of Specialised Properties
7. Valuation Report for complex and specialised properties
8. Going Concern Valuations
9. Residual land value analysis for complex property development
10. Advanced Valuation Topics
11. Discounted Cash Flow approach to value

Replacing Course(s)

ARBE6361

Transition

Nil

Industrial Experience

Assumed Knowledge

ARBE6351 Property Investment and Evaluation

Modes of Delivery

Distance Learning : IT Based
External Mode

Teaching Methods

Individual Supervision
Self Directed Learning
Tutorial

Assessment Items

Essays / Written Assignments	Assignment 1 - A valuation report of a complex (commercial/retail/industrial) or specialised property
Essays / Written Assignments	Assignment 2 - A valuation analysis of a complex property development using DCF approach
Group/tutorial participation and contribution	Weekly Review

Contact Hours

Self Directed Learning: for 10 hour(s) per Week for Full Term
Tutorial: for 3 hour(s) per Week for Full Term

Timetables