The main focus of this course is the dynamic growth of the property and construction industry in Australia and the Asia region.
The Master of Property Development enables students to study matters relating to the property field, with the purpose of adding depth to their professional activity and minimising the cost to society in general and to clients in particular. It is designed for property analysts, property developers, valuers, real estate practitioners, property managers and other property practitioners who wish to upgrade their qualifications and expertise in the field. The course also provides graduates in other fields – including architects, builders, planners, engineers, quantity surveyors, lawyers, project managers, economists and financiers – with the opportunity to extend their understanding of property development and investment issues and techniques.
This course aims to provide a thorough and advanced grounding in all aspects of the property process, markets and institutions. Expected outcomes of the course include the ability to understand the political, managerial, legal and physical systems which contribute collectively to the effective management and development of property assets, property investment portfolio and property development proposals. The course prepares students for employment in the property industry by developing the skills and analytical techniques necessary to work as researchers, analysts, managers and consultants.
Career options include analyst, consultant, manager or researcher in the land economics sector.
Admission to the course is assessed on merit, given that a Bachelor's degree in a property-related discipline is a prerequisite qualification. Applicants also need to demonstrate a minimum of three years' experience in the property field.
Applicants with a Bachelor's degree in property economics or a closely related area such as the built environment, may be awarded up to 24 credit points of advanced standing.
The course duration is three years of part-time study, or one-and-a-half years of full-time study.
The attendance pattern for each subject is generally two separate two-and-a-half day blocks of attendance, usually held over a Thursday evening, Friday and Saturday.
The Master of Property Development requires the completion of 72 credit points of study, comprising 24 credit points of compulsory subjects, 24 credit points of core program subjects, and a further 24 credit points which may include an optional Research Project.
STM90415 Property Fundamentals PG subjects | 24cp | |
STM90639 Core subjects (Property Development) | 24cp | |
CBK90307 Property PG subjects | 24cp | |
Total | 72cp |
The example program below is for a student commencing in Autumn semester and undertaking the course full time.
Full time, Autumn commencing | ||
Year 1 | ||
Autumn semester | ||
12518 Property Transactions | 6cp | |
17701 Environment and Control | 6cp | |
12511 Building Technology and Regulation | 6cp | |
17771 Valuation Methodology | 6cp | |
Spring semester | ||
125240 Introduction to Property Development | 6cp | |
Select three subjects from the following: | 18cp | |
12535 Valuation Application | 6cp | |
12515 Strategic Asset Management | 6cp | |
17551 Property Market Analysis | 6cp | |
15241 Urban Economics and Infrastructure | 6cp | |
171200 Conservation and Heritage | 6cp | |
17703 Property Taxation | 6cp | |
17772 Commercial Retail Property Management | 6cp | |
17773 Property Investment Strategies | 6cp | |
Year 2 | ||
Autumn semester | ||
17518 Advanced Property Development | 6cp | |
17704 Property Development Finance | 6cp | |
17553 Construction Cost Planning | 6cp | |
Select one subject from the following: | 6cp | |
12535 Valuation Application | 6cp | |
12515 Strategic Asset Management | 6cp | |
17551 Property Market Analysis | 6cp | |
15241 Urban Economics and Infrastructure | 6cp | |
171200 Conservation and Heritage | 6cp | |
17703 Property Taxation | 6cp | |
17772 Commercial Retail Property Management | 6cp | |
17773 Property Investment Strategies | 6cp |
Further information is available from the Faculty Student Administration Unit on: