Introduction to Property and Valuation - Property, People and Profit

Postgraduate | 2026

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Area/Catalogue
BUSI 5138
Course ID icon
Course ID
205623
Level of study
Level of study
Postgraduate
Unit value icon
Unit value
6
Course level icon
Course level
5
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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
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Note:
Course data is interim and subject to change

Course overview

This introductory course helps to explain the world of property and will provide you with an understanding as to how property works in real life and equip you with the tools to be able to value property, whether it is a flat, house or commercial property. Property is fundamental to our lives. Everyone lives in a property and most of us work inside a property. Understanding how property works is a key real-life lesson, whether you are looking to make a profit from investing in property or buying a home This course is compulsory for all students studying the Master of Property. The course has been structured to also cater for non-Property students who are wanting to enrol in an elective course that can provide them with the basic knowledge that is required when buying property, whether it is your first home, dream home or an investment property. There is no assumed knowledge, pre-requisite or co-requisite courses if you choose to enrol in this course. Where possible, the assessments are based on the real-life property market. The learnings from the course and assessments can be transferred so that you better understand property in the wider context and how to determine the value of an extensive range of properties.

Course learning outcomes

  • Discuss and evaluate the core drivers of property value and the property market in a global context.
  • Outline the key concepts of the Torrens Title system and other selected land titling systems around the globe.
  • Identify and interpret property data and apply the appropriate property valuation methods to determine the value of property and present in a professional report.
  • Utilise the relevant town planning guidelines and legislation to derive development potential and compose a feasibility study.
  • Recognise and calculate the impact of tax and finance on property prices and the market.
  • Show a basic understanding of the time value of money.

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A