702-211 Income Property Analysis

Credit Points

12.5

Coordinator

Dr Richard Reed

Prerequisites

702-115 Introduction to Property

Semester

2 (view timetable)

Contact

Two hours of lectures and a one-hour tutorial and/or seminar per week

Subject Description

Application of financial mathematics to property valuation and analysis. Further investment theory. Property market analysis: commercial, retail, industrial, residential markets. Property investment analysis and discounted cash flow. Valuation theory and practice: the income, cost and market comparison approaches.

On completion of the subject students should be able to:

  • Examine a commercial property market.

  • Understand fundamentals of income property analysis.

  • Interpret a discounted cash flow.

Generic Skills

On completion of the subject students should have developed the following skills and capabilities:

  • Computer spreadsheet skills.

  • Financial mathematics skills.

Assessment

Assignments totalling no more than 2000 words (40%) and one three-hour examination (60%). A grade of at least 40% must be achieved in the final examination in order to pass the subject.

Prescribed Texts

  • Australian Property Institute (2007), The Valuation of Real Estate. Australian Property Institute, Canberra.


Status:                   Official 2007
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