Course Title: Investment Evaluation Techniques for Real Estate

Part A: Course Overview

Course Title: Investment Evaluation Techniques for Real Estate

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

MKTG1140

City Campus

Postgraduate

325H Property, Construction & Project Management

Face-to-Face

Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 1 2011,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 2 2021,
Sem 1 2022,
Sem 2 2022

Course Coordinator: John Garimort

Course Coordinator Phone: 9925 5027

Course Coordinator Email: johndominic.garimort@rmit.edu.au

Course Coordinator Location: City Campus - Building 8, Level 8, Room 79

Course Coordinator Availability: Please email for appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

None


Course Description

This course will develop the skills and knowledge required to undertake investment evaluations. You will build both your knowledge of evaluation techniques and the skills to apply these techniques to the property sector. In doing so, you will utilise your knowledge of the value and limitations of these techniques when applied to property. You will also develop the skills required to undertake discounted cash flow analyses. This course also examines: financial models for real estate investment, risk and feasibility, and how these factors impact on property investment and investment viability. You will also examine the performance analysis, benchmarking, and sources of finance and its cost.


Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes (PLOs)

In this course you will develop the following program learning outcomes:

PLO1: Apply knowledge of property theory and concepts to inform decision making in the local and global professional arena, demonstrating evidenced based judgement and ethical decision making   

PLO4: Apply professional communication and technical skills to effectively communicate property development proposals, financial and valuation analyses and strategy to diverse property and related industry stakeholders,   

PLO5: Adopt a strategic perspective  to the development and analysis of property proposals and developments


Course Learning Outcomes (CLOs)

Upon successful completion of this course you will be able to:

  1. Analyse and apply financial models and methods, and account for taxation legislation, to forecast cash flows for complex property investments and developments
  2. Apply specialised evaluation techniques to calculate the monetary value of property
  3. Prepare and defend a report on financial aspects of property investment, including project feasibility
  4. Analyse an income and expense statement for a property investment
  5. Assess risk and rate of return to determine property value and income, and investment
     


Overview of Learning Activities

You will engage in a range of learning activities including investment and evaluation problem solving exercises and class discussions.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. Your learning will also be supported through a range of resources including lecture materials, relevant professional standards and codes and financial models

There are services and resources available to support your learning through the University Library. The Library provides guides on academic referencing and subject specialist help as well as a range of study support services. For further information, please visit the Library page on the RMIT University website and the myRMIT student website.
 


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. Assessment consists of:

Task 1: Test 1: An assessment designed to determine how well you have understood the foundation mathematics associated with investment evaluation and can apply them to various real estate problems.  This assessment task is worth 15% of your total marks in the course.  This assessment task relates to CLOs 1 & 2.

Task 2: Test 2: An assessment designed to determine how well you have understood the investment evaluation mathematics associated with investment evaluation and can apply them to various real estate problems.  This assessment task is worth 20% of your total marks in the course.  This assessment task relates to CLOs 1, 2 & 3.

Task 3: Test 3: An assessment designed to determine how well you have understood the investment mathematics, theoretical and analytical techniques discussed and can apply them to various real estate problems.  This assessment task is worth 15% of your total marks in the course.  This assessment task relates to CLOs 1-4.

Task 4: Final Exam: An assessment designed to determine how well you have understood investment mathematics, theoretical and analytical techniques, and the analysis of risk and performance analysis that has been discussed.  I am assessing your ability to calculate and interpret the results in relation to various real estate issues.  This assessment task is worth 50% of your total marks in the course.  This assessment task relates to CLOs 1-5.

Feedback will be given on all assessment tasks.

Equitable Learning Services

If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or Equitable Learning Services if you would like to find out more. 

Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions.