Advanced Property Valuation

Course code ARBE6362Units 10Level 6000Faculty of Engineering and Built EnvironmentSchool of Architecture and Built Environment

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.

Available in 2015

WebLearn GradSchoolTrimester 1
Previously offered in 2014
ObjectivesOn 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.
Content1. 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
Industrial Experience0
Assumed KnowledgeARBE6351 Property Investment and Evaluation
Modes of DeliveryDistance Learning : IT Based
External Mode
Teaching MethodsIndividual Supervision
Self Directed Learning
Assessment Items
Essays / Written AssignmentsAssignment 1 - A valuation report of a complex (commercial/retail/industrial) or specialised property
Essays / Written AssignmentsAssignment 2 - A valuation analysis of a complex property development using DCF approach
Group/tutorial participation and contributionWeekly Review
Contact HoursSelf Directed Learning: for 10 hour(s) per Week for Full Term
Tutorial: for 3 hour(s) per Week for Full Term
Timetables2015 Course Timetables for ARBE6362