Advanced Property Valuation

Description

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.

Availability

WebLearn GradSchool

  • Trimester 1 - 2015

Learning Outcomes

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)

This course replaces the following course(s): ARBE6361. Students who have successfully completed ARBE6361 are not eligible to enrol in ARBE6362.

Assumed Knowledge

ARBE6351 Property Investment and Evaluation

Assessment Items

Participation: Weekly Reviews

Written Assignment: Assignment 1 - Advanced Valuation Report

Written Assignment: Assignment 2 - Advanced Investment Analysis

Contact Hours

Self-Directed Learning

Self-Directed 10 hour(s) per Week for Full Term

Tutorial

Online 3 hour(s) per Week for Full Term