Property Valuation (CONS6907)

Level: 
6
Credits: 
15 (0.125 EFTS)
Compulsory: 
No
Aim: 
To enable students to examine property valuation concepts and practices and their influence on property development
Pre-requisites / Co-requisites: 
Pre-requisite: CONS5818. Restriction: CONS6903.
Topics include: 

Property Law
Tenure and estates, Titles to land, Land, fixtures & chattels, Compulsory acquisition, Mortgages & caveats, Subdivisions, Leases, Sale of land, Property and taxes, Overview, hot topics, Rating and land taxes
The ValuersAct 1948. Introduction to valuation
Purpose and types of valuations, Basic valuation principles, concepts and definitions, Determinants of value, The valuation process, The role of the valuer
Residential valuation and report writing
Sales comparison approach,
Sources of data, Units of comparison, Adjustment of data to enable comparison, Insurance replacement calculations, Reconciling value indications and valuation reports,
Valuations as mortgage / lending criteria, Land valuation and subdivision
Property income valuation techniques
Cash flow estimation, Income capitalization approach, Profit method of valuation, Residual land valuation,
Depreciated replacement cost valuation, Discounted cash flow analysis techniques, Analysis of funding leverage and tax implications on valuation, Valuation of leasehold and fractional interests, Addressing valuation uncertainty
Timetable: 
Choose your class for this course from the option(s) below. You will need to attend all the sessions in that class to complete the course. Where more than one class number is shown, choose one of them and attend all sessions within that class number. (Note: If a class is held in different locations at the same time, you only need to attend all the sessions in one of the locations.)
There are no classes on public holidays.

Class: 5295

You need to attend all sessions of this class as listed below.

From – ToSessionDayTimeCampus (Room)
24 Jul 18 - 4 Sep 18 LectureTuesday13:00 - 17:00 Mt Albert (114-2010)
26 Jul 18 - 6 Sep 18 LectureThursday13:00 - 17:00 Mt Albert (114-2010)

Class: 6280

You need to attend all sessions of this class as listed below.

From – ToSessionDayTimeCampus (Room)
25 Jul 17 - 12 Sep 17 LectureTuesday13:00 - 17:00 Mt Albert (114-4005)
27 Jul 17 - 14 Sep 17 LectureThursday13:00 - 17:00 Mt Albert (114-2010)
Note: This course is offered as part of Bachelor of Construction (Construction Management), Bachelor of Construction (Property Development), Bachelor of Construction (Construction Economics).

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