CQUniversity Unit Profile
PROP13001 Property Development
Property Development
All details in this unit profile for PROP13001 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student).
The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
Corrections

Unit Profile Correction added on 30-03-21

Due to physical distancing requirements relating to the COVID-19 pandemic, invigilated exams have been replaced with an equivalent take-home exam.

General Information

Overview

This unit covers the legal and administrative aspects of property development and land use control. You will be introduced to the contemporary land use planning regime used in Australia and its operation for the management of property development. You will examine the history and principles of environmental planning, the mechanisms in use for the control of land use, and the procedure required for gaining approval for developing land for a more productive use as well as dispute resolution options.

Details

Career Level: Undergraduate
Unit Level: Level 3
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

Prerequisites: PROP11001 Property Valuation and FINC19014 Property Investment and Finance

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 1 - 2021

Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Practical Assessment
Weighting: 50%
2. Examination
Weighting: 50%

Assessment Grading

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Policy for more details of interim results and final grades.

Previous Student Feedback

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback from Informal student feedback and observation.

Feedback

The weekly online tutorials were noted as some of the best aspects of the unit. Students found them to be the best place to ask questions and catch up every week. That said, the proportion of students attending was quite low.

Recommendation

Continue the weekly tutorials. Include an initial discussion on how everyone is going and what is happening in property management news. Then a brief recap of the week’s material followed by an engaged discussion around the module questions and assessment tasks.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Explain the history, principles and current operation of land use planning in Australia
  2. Apply planning principles to particular properties to achieve acceptable development outcomes for owners and the community
  3. Demonstrate the procedures involved in obtaining development approval, including the management of dispute resolution
  4. Undertake legal research to identify case law, legislation, policies and procedures relevant to particular property development and planning problems
  5. Apply ethical judgement for appropriate planning and development outcomes.
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Practical Assessment - 50%
2 - Examination - 50%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4 5
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9
1 - Practical Assessment - 50%
2 - Examination - 50%
Textbooks and Resources

Textbooks

Prescribed

Property Development 6th (2015)

Authors: Richard Reed and Sally Sims
Routledge
2 Park Square, Milton Park, Abingdon , Oxon OX14 2 Park Square, Milton Park, Abingdon , Oxon OX14 , UK
ISBN: 978-0-415-82518-4
Binding: Paperback
Supplementary

Australian Property Investment and Financing 1 (2010)

Authors: Patrick Rowland
Thomson Reuters
Sydney Sydney , NSW , Australia
ISBN: 9780455224329
Binding: Paperback

Additional Textbook Information

Copies of both texts can be purchaed at the CQUni Bookshop here: http://bookshop.cqu.edu.au (search on the Unit code)

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • UCROO
  • Zoom Conferencing (Webcam and Microphone)
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Steven Boyd Unit Coordinator
s.boyd@cqu.edu.au
Schedule
Week 1 Begin Date: 08 Mar 2021

Module/Topic

Introduction to property development

Chapter

Property Development by Reed and Sims, chapter 1

Events and Submissions/Topic

Week 2 Begin Date: 15 Mar 2021

Module/Topic

Land for development

Chapter

Property Development by Reed and Sims, chapter 2

Events and Submissions/Topic

Week 3 Begin Date: 22 Mar 2021

Module/Topic

Development appraisal

Chapter

Property Development by Reed and Sims, chapter 3

Events and Submissions/Topic

Week 4 Begin Date: 29 Mar 2021

Module/Topic

Development finance

Chapter

Property Development by Reed and Sims, chapter 4 

Events and Submissions/Topic

Week 5 Begin Date: 05 Apr 2021

Module/Topic

Property cycles

Chapter

Property Development by Reed and Sims, chapter 5 

Events and Submissions/Topic

Vacation Week Begin Date: 12 Apr 2021

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 19 Apr 2021

Module/Topic

Planning

Chapter

Property Development by Reed and Sims, chapter 6

Events and Submissions/Topic

Week 7 Begin Date: 26 Apr 2021

Module/Topic

Construction

Chapter

Property Development by Reed and Sims, chapter 7 

Events and Submissions/Topic

Week 8 Begin Date: 03 May 2021

Module/Topic

Market research

Chapter

Property Development by Reed and Sims, chapter 8

Events and Submissions/Topic

Week 9 Begin Date: 10 May 2021

Module/Topic

Technology

Chapter

Property Development by Reed and Sims, chapter 9 

Events and Submissions/Topic

Planning process Due: Week 9 Friday (14 May 2021) 11:55 pm AEST
Week 10 Begin Date: 17 May 2021

Module/Topic

Marketing and sales

Chapter

Property Development by Reed and Sims, chapter 10 

Events and Submissions/Topic

Week 11 Begin Date: 24 May 2021

Module/Topic

Sustainable development

Chapter

Property Development by Reed and Sims, chapter 11 

Events and Submissions/Topic

Week 12 Begin Date: 31 May 2021

Module/Topic

Emerging markets

Chapter

Property Development by Reed and Sims, chapter 12 

Events and Submissions/Topic

Review/Exam Week Begin Date: 07 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 14 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Practical Assessment

Assessment Title
Planning process

Task Description

Develop a document where you identify and explain a logical seven-step process to the development of a real prescribed property. This document should help explain your approach to property development to potential stakeholders (such as financiers, joint venture partners and consultants) when planning and implementing the proposed development. Complete details to be found on the Moodle site.


Assessment Due Date

Week 9 Friday (14 May 2021) 11:55 pm AEST


Return Date to Students

Week 11 Thursday (27 May 2021)


Weighting
50%

Assessment Criteria

The assessment will be marked against the following criteria:

  • Application of planning principles to a specified property 
  • Demonstration of the the procedures involved in realising the proposed end product
  • Presentation and communication

The criteria are not equally weighted and further details regarding the assessment criteria may be found on the Moodle site.


Referencing Style

Submission
Online

Submission Instructions
See Moodle site for detailed submission instructions

Learning Outcomes Assessed
  • Apply planning principles to particular properties to achieve acceptable development outcomes for owners and the community
  • Demonstrate the procedures involved in obtaining development approval, including the management of dispute resolution
  • Undertake legal research to identify case law, legislation, policies and procedures relevant to particular property development and planning problems
  • Apply ethical judgement for appropriate planning and development outcomes.


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Information Literacy
  • Team Work
  • Information Technology Competence
  • Ethical practice

Examination

Outline
Complete an examination

Date
During the University examination period

Weighting
50%

Length
120 minutes

Details
Calculator - non-programmable, no text retrieval, silent only
Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
Closed Book
Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

What can you do to act with integrity?

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.