702-418 Land Economy

Handbook 1995 : Faculty of Architecture and Planning (Volume 4 page 74)
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702-418 LAND ECONOMY

Credit points: 12.5

Coordinator: Dr Russell Kenley.

Contact: Two hours of lectures and up to three hours of tutorials per week. (Second semester.)

Objectives: The subject examines the real estate development and investment environment with particular emphasis on the application of quantitative methods in the analysis of real property. At the conclusion of this subject students should:

understand the implications of property with respect to their chosen professions;
model property development and investment cash flows;
complete a feasibility study for a major property development proposal;
understand the principles and techniques of property valuation.

Content: Property development and investment. Valuation of real estate. Economic, financial, legal, market, social and political factors applicable to real property. The place of property in the investment hierarchy. Discounted cash flow and development feasibility studies.

Assessment: One 2-hour examination (50 per cent). Assignments totalling not more than 5000 words (50 per cent).

Prescribed texts:

Robinson Jon Property Valuation and Investment Analysis: A Cash Flow Approach The Law Book Company Sydney 1989 Whipple RTM (Ed) Real Estate Valuation Reports and Appraisals The Law Book Company Sydney 1984.

Further information:

Student Union Counter handbook
Local faculty/departmental handbooks and course guides on WWW (not yet implemented).

Other areas which list 702-418 :

: Faculty of Engineering (Volume 4 page 165)
Geomatics subject : 705-172 (Next) | 625-101 (Previous)

Arch subject : 705-415 (Next) | 705-202 (Previous) | Search | Help
Handbook 1995 : Faculty of Architecture and Planning (Volume 4 page 74)

Copyright © University of Melbourne 1995.
Status:        Official
Date created:  Nov 30 1994 (Generated by P40Split.pl)
Last modified: Nov 30 1994
Authorised by: Academic Registrar.
Maintainer:    Arch@handbook.unimelb.edu.au
Teaching Dept: School of Architecture and Building (Faculty of Architecture and Planning)