This preliminary Master of Property subject introduces students to the main systems and relationships – social, political, economic and environmental – which govern the operation of property markets with particular reference to the valuation of urban property in Australia. The subject examines market analysis and valuation techniques as they apply to real property. The following areas are covered: The character of property and property interests with regard to property classes, stakeholders, and analysis of properties’ existing and potential uses; Australian and regional property markets, their nature, evolution and maturity, the existence of submarket and their characteristics and market... -- Course Website
Prerequisites: Admission to the Melbourne School of Design.
