Course overview
This course will provide students with the knowledge necessary to undertake valuations of properties in accordance with specific statutory requirements. Valuations for rating and taxing purposes including rating and taxing value bases, legal definitions and case law, valuation principles and practice, valuation method and ratio studies; automated valuation models; compulsory acquisition including statutory requirements, compensation principles and practice, reinstatement, value of land taken, special value to owner, severance, injurious affection, disturbance, solatium, easements and goodwill; insurance valuations including basis of settlement, contract options, limit of liability, valuation methods, principles and practice; valuations for financial reporting purposes including accounting standards, fair value, valuation methods, principles and practice and expert witnesses.
Course learning outcomes
- Apply international best practice to develop automated valuation models and evaluate the accuracy and uniformity of assessed values.
- Demonstrate the practical application of compulsory land acquisition concepts in the determination of compensation amounts.
- Apply Insurance Valuation concepts to determine the limit of liability in building insurance contracts.
- Apply valuation reporting standards to estimate the fair value of land and buildings.
- Explain the role of the valuer as an expert witness.
- Demonstrate UniSA Business Enterprise Skills in the context of the Property discipline: i) Problem Solving (advanced level); and ii) Written Communication (advanced level).
Availability
Class details
Adelaide City Campus West
Class number 26935
Section WS01
Size 35
Available 35
Fee calculator
To display course fees, please select your status and program below:
We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.
Study Abroad student tuition fees are available here.
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.