Commercial Property Valuation (UniSA)

Undergraduate | 2026

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Mode icon
Mode
Mode
Your studies will be on-campus, and may include some online delivery
On campus
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Area/Catalogue
BUSI 2044
Course ID icon
Course ID
205529
Campus icon
Campus
Adelaide City Campus West
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course owner
Course owner
School of Management
Course coordinator
Course coordinator
Braam Lowies
Course level icon
Course level
2
Work Integrated Learning course
Work Integrated Learning course
No
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No

Course overview

This course will enable students to apply the principles, methods and practice of commercial property valuation. The application of valuation techniques, including the use of discounted cash flow analysis, utilising appropriate industry software; financial concepts and methodologies underlying the income approach to property valuation; freehold and leasehold analysis; investment and development analysis; and profit based valuations including but not limited to hotels, restaurants, cinemas, care homes etc.

Course learning outcomes

  • Apply valuation processes and concepts to commercial property.
  • Identify and evaluate the specific characteristics of commercial, retail and industrial properties.
  • Analyse and interpret leases and apply them to cash flow models.
  • Select and apply appropriate valuation approaches to a range of commercial property types.
  • Select and apply national and international standards to property identification, measurement and valuation.
  • Demonstrate UniSA Business Enterprise Skills in the context of the Property discipline: i) Problem Solving (advanced level); ii) Teamwork (advanced level); iii) Written Communication (advanced level); iv) Oral Communication (advanced level); and v) International Perspective (advanced level).

Availability

Census date Icon
Census date
Fri 04/09/2026
Enrol by date
Enrol by date
Fri 21/08/2026
Last day to W
Last day to W
Fri 18/09/2026
Last day to WF
Last day to WF
Fri 16/10/2026

Class details

Adelaide City Campus West

Class number
Class number 56570
Section
Section LE01
Size
Size 30
Available
Available 30
Dates Days Time Campus Location Instructor
3 Aug - 21 Sep Monday 2:10pm - 3:30pm Adelaide City Campus West ,
12 Oct - 9 Nov Monday 2:10pm - 3:30pm Adelaide City Campus West ,
Class number
Class number 51700
Section
Section TU01
Size
Size 30
Available
Available 30
Dates Days Time Campus Location Instructor
6 Aug - 24 Sep Thursday 11:10am - 12:30pm Adelaide City Campus West Jeffrey Smart, JS5-13
15 Oct - 12 Nov Thursday 11:10am - 12:30pm Adelaide City Campus West Jeffrey Smart, JS5-13

Prerequisite(s)

  • must have completed all of BAFI2015 Business Finance (UniSA)/BUSI2038 Property Asset Management (UniSA)/ECON2015 Property Economics (UniSA)

Corequisite(s)

N/A

Antirequisite(s)

  • must not have completed BUSS3106 Commercial Property Valuation at the University of South Australia

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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.