Course Title: Investment Evaluation Techniques for Real Estate

Part A: Course Overview

Course Title: Investment Evaluation Techniques for Real Estate

Credit Points: 12

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

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:

1. Determine and apply advanced knowledge of complex property theory to inform decision making in the local and global professional arena, demonstrating expert judgement and ethical decision making in your professional practice and discipline
2. Integrate and apply the specialist knowledge and technical skills required to address industry problems and/or commercial opportunities in property
3. Research and analyse theoretical knowledge and published data to address the diverse requirements of property stakeholders, formulating strategic business solutions for complex property projects
4. Professionally communicate property strategy, processes, propositions and/or decision making across the property and related sectors, leading and negotiating effectively with diverse stakeholders
5. Provide strategic advice to implement new directions within your professional field, responding to new and emerging industry trends and issues


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
 


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

Equitable Learning Services (ELS) provide support and equal opportunities for students with a disability, long-term illness and/or mental health condition and primary carers of individuals with a disability. You can contact the ELS if you would like to find out more: https://www.rmit.edu.au/students/support-and-facilities/student-support/equitable-learning-services. You can also contact the course coordinator or the program coordinator if you would like to find out more.

An assessment charter (http://mams.rmit.edu.au/kh6a3ly2wi2h1.pdf) summarises your responsibilities as an RMIT student as well as those of your teaching staff.

Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and referenced in a single document: http://www.rmit.edu.au/browse;ID=ln1kd66y87rc.