Advanced Property Valuation

Course aim

To enable students to apply appropriate advanced valuation methods and to provide valuation advice in respect of complex income producing real estate investments, partial interests in property and rent reviews.

Course content

Valuation concepts and definitions; income and expenditure estimation; cash flow projections; lease analysis; incentives and tax treatments; real estate , business and economic cycles; risk and return assessment and analysis, partial interests; comparison of traditional and contemporary valuation methods; application of valuation methods.

Textbook(s)

Whipple, R. T. M 2006, Property Valuation and Analysis, 2, Lawbook, Pyrmont, NSW

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
ECON 2011	Property Market Analysis

Corequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
BANK 3007	Property Investment

Teaching method

Component	Duration
INTERNAL, CITY WEST
Lecture	2 hours x 10 weeks
Tutorial	1 hour x 10 weeks
Practical	3 hours x 3 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	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

Assignment 1 - Lease analysis report, Assignment 2 - Specialist Property, Assignment 3 - Risk analysis report, Examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
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
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* 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.