Type: | Undergraduate Subject |
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Code: | SSUD11-200 |
EFTSL: | 0.125 |
Faculty: | Faculty of Society and Design |
Semesters offered: |
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Credit: | 10 |
Study areas: |
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Subject fees: |
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Description
The subject will introduce students to the theory and practice of property valuation as a professional process primarily from the Australian perspective. The subject is designed to assist students to develop an understanding of the property market, the role of the profession and the methods of valuation used to determine the value of a range of legal interests in property, primarily, at this introductory stage, relating to open market freehold interests. The subject will draw upon the current property market and the assessment will require students to collect and analyse market data from a range of defined sources. Students will also be given the opportunity to acquire the necessary analytical tools to work through property market specific supply and demand issues, identify future market trends and objectively evaluate current issues affecting property being valued. The summative (graded) assessment will be achieved by the completion, at an introductory professional standard, of two comprehensive valuation reports based on field inspections.
Subject details
Learning outcomes
- Develop an understanding of the nature and role of the valuation profession, the property market and valuation methods.
- Develop skills, competencies and knowledge appropriate for selecting, analysing and synthesising material of relevance to the conduct of property valuation in academic and professional contexts.
- Access a comprehensive range of information sources, relevant to the valuation of property.
- Analyse and criticise relevant material in an appropriate manner, supported by reasoned argument and generate independent opinions of value.
- Prepare, arrange and present valuation reports at an appropriate standard for academic and professional purposes.
Enrolment requirements
Requisites: |
Nil |
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Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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Restrictions: |
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Subject outlines
- May 2024 [Standard - Principles of Property Valuation]
- May 2023 [Standard - Principles of Property Valuation]
- May 2022 [Standard - Principles of Property Valuation]
- May 2021 [Standard - Principles of Property Valuation]
- May 2020 [Standard - Principles of Property Valuation]
- May 2019 [Standard - Principles of Property Valuation]
- May 2018 [Standard - Principles of Property Valuation]
- May 2017 [Standard - Principles of Property Valuation]
Subject dates
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May 2024
Standard Offering Enrolment opens: 17/03/2024 Semester start: 13/05/2024 Subject start: 13/05/2024 Cancellation 1: 27/05/2024 Cancellation 2: 03/06/2024 Last enrolment: 26/05/2024 Withdraw - Financial: 08/06/2024 Withdraw - Academic: 29/06/2024 Teaching census: 07/06/2024
Standard Offering | |
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Enrolment opens: | 17/03/2024 |
Semester start: | 13/05/2024 |
Subject start: | 13/05/2024 |
Cancellation 1: | 27/05/2024 |
Cancellation 2: | 03/06/2024 |
Last enrolment: | 26/05/2024 |
Withdraw - Financial: | 08/06/2024 |
Withdraw - Academic: | 29/06/2024 |
Teaching census: | 07/06/2024 |