FINC19014 - Property Investment and Finance

General Information

Unit Synopsis

This unit covers the analysis of property investment over time taking financial and business risk factors into account. You will examine property investments from the financial perspective. You will gain insight into real estate as an investment and how it differs from investment in financial instruments. You will produce an investment appraisal report examining an income producing property asset.

Details

Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

FINC19011 Business 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).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2018

Term 2 - 2018 Profile
Distance
Term 2 - 2019 Profile
Online
Term 2 - 2020 Profile
Online
Term 2 - 2021 Profile
Online
Term 2 - 2022 Profile
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).

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.

Assessment Tasks

Assessment Task Weighting
1. Practical Assessment 50%
2. Take Home Exam 50%

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

Past Exams

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Previous Feedback

Term 2 - 2021 : The overall satisfaction for students in the last offering of this course was 3.8 (on a 5 point Likert scale), based on a 39.13% response rate.

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.

Source: Student Evaluation Survey
Feedback
"Consider mentioning in the unit profile that students should have a basic to moderate skill in excel"
Recommendation
Add a note in the unit profile advising that the unit requires the acquisition of higher level Excel spreadsheet skills and students should consider engaging in the additional resources that are available in the unit for Excel skill development.
Action Taken
Unit Profile reviewed and note added regarding the importance of EXCEL skills.
Source: Student Evaluation Survey
Feedback
Additional property background would be useful for non-property students.
Recommendation
Review the introductory resources to strengthen the availability of additional resources for students who take the unit without a property background.
Action Taken
Additional emphasis was placed on directing students to resources to familiarise them with the property market.
Source: student evaluation survey
Feedback
Low response rate to student evaluation survey
Recommendation
Issue reminders to participate in student evaluation survey earlier as the cut off has been brought forward.
Action Taken
Reminders issued.
Source: student evaluation survey
Feedback
Assessment feedback scored slightly lower than previous years
Recommendation
Give attention to ensuring adequate assessment feedback.
Action Taken
Marker was given more detailed instruction regarding feedback.
Source: Student Evaluation Survey; personal observation
Feedback
Moodle links - a lot of the time they didn't work
Recommendation
Ensure all links are accessible; avoid the use of external content developers.
Action Taken
Nil.
Source: Student evaluation comments
Feedback
Assignment description and marking would benefit from more detail
Recommendation
Strengthen the resources pertaining to the assignment details.
Action Taken
Nil.
Source: Student evaluation comments
Feedback
Update textbook
Recommendation
The textbook is the only Australian text on the topic available. It is only optional and suggested readings from it are recommended only as additional reading for students interested in pursuing extra depth in areas where it provides useful insights.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Analyse the processes involved in investments in property
  2. Evaluate alternative property investment strategies
  3. Apply discounted cash flow techniques to property investments
  4. Incorporate risk analysis into practical investment studies.

The Australian Property Institute (API) has accredited this unit as part of the Bachelor of Property course. This unit contributes to the core knowledge field of the API in Property Finance which includes property investment and it forms pre-requisite studies to the Advanced Valuation unit (PROP19003). The learning outcomes for the unit and the assessments have been designed around the accreditation requirements.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Practical Assessment
2 - Take Home Exam
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4
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
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Practical Assessment
2 - Take Home Exam