Property Development G

Course aim

To provide students with an appreciation of the entire process of property development and current issues in the industry. To enable students to carry out market research and preliminary feasibility study for residential, commercial, and industrial development.

Course content

Introduction to the property development process and participants; inception and refinement of the development idea through market research; the public roles and development approvals; the formal feasibility study; DCF applications in feasibility and lifecycle analysis; valuation of development land and incomplete property developments; financing the development; contracts, commitment and construction; completion, marketing and management; development of residential land subdivisions; development of retail property; development of hotel and mixed use property; development of office and industrial property; trends and issues in property development.

Textbook(s)

Miles, ME, Berens, GL, Eppi, MJ & Weiss, M.A 2007, Real Estate Development: Principle and Process, 4th edn, ULI - The Urban Land Institute, Washington DC

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
BUSS 5333	Property Valuation G

Corequisite(s)

Nil

Teaching method

Component	Duration
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	3 hours equiv. x 13 weeks
INTERNAL, CITY WEST
Directed Study	3 hours x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Case study, Examination, Weekly test

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
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* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.