| Type: | Undergraduate Subject |
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| Code: | SSUD12-100 |
| 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
This subject provides students with an understanding of the property development process and the importance of the property development industry in a modern economy. Additionally, the subject introduces the processes involved in property development in market economies in the context of government regulation and approval requirements, as well as providing an introduction to the financial analysis and the determination of the viability of potential projects. The emphasis is on the private sector and the roles of the various stakeholders.
Subject details
Learning outcomes
- Describe the nature and role of property development within a modern economy, demonstrating understanding of its economic, social, and environmental impacts.
- Analyse the property development process—including initial development concepts, site acquisition, and site assembly—to identify challenges and propose practical solutions.
- Explain the role of planning and the planning process in property development and evaluate how development controls impact urban areas and development site values.
- Prepare and assess a feasibility study for a potential residential property development project to determine its viability.
- Research, calculate, and apply key revenue and expenditure variables for a potential property development project, including comparable sales, rental revenues, construction costs, infrastructure charges, and GST and relevant government taxes and charges.
- Apply risk management processes to a property development project by conducting sensitivity analyses for key variables.
- Research and apply sustainability concepts within the urban environment, recognising their importance in property development.
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 - Property Development]
- May 2023 [Standard - Property Development]
- January 2023 [Intensive - Property Development]
- May 2022 [Standard - Property Development]
- September 2021 [Standard - Property Development]
- September 2020 [Standard - Property Development]
- September 2019 [Standard - Property Development]
- September 2018 [Standard - Property Development]
- September 2017 [Standard - Property Development]
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 Last enrolment: 26/05/2024 Teaching census: 07/06/2024 Withdraw - Financial: 08/06/2024 Withdraw - Academic: 29/06/2024
| Standard Offering | |
|---|---|
| Enrolment opens: | 17/03/2024 |
| Semester start: | 13/05/2024 |
| Subject start: | 13/05/2024 |
| Last enrolment: | 26/05/2024 |
| Teaching census: | 07/06/2024 |
| Withdraw - Financial: | 08/06/2024 |
| Withdraw - Academic: | 29/06/2024 |