PROP13001 - Property Development

General Information

Unit Synopsis

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

Level Undergraduate
Unit Level 3
Credit Points 6
Student Contribution Band 3
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).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 3 - 2019

Term 1 - 2020 Profile
Online
Term 1 - 2021 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. Examination 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 1 - 2019 : The overall satisfaction for students in the last offering of this course was 4.9 (on a 5 point Likert scale), based on a 40% 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: Unit satisfaction surveys.
Feedback
Provide clarity on what is required of students in assessment tasks.
Recommendation
Carefully consider the assessment regime and ensure that the assessment tasks align closely with the stated unit outcomes.
Action Taken
The same assessment regime was broadly adopted but the first assessment task was refined, and the final exam included a practical calculation component. The assignment was reduced in its scope and then applied to a real property.
Source: Student evaluation. Discussions with students during online tutorials.
Feedback
'A lot of reading materials with complex wording and not much direction as to the relevance of the text.' Property development requires a broad understanding of property and what drives value. As such the course covers a range of topics and the quantum of reading can appear daunting.
Recommendation
The coordinator will continue to refine the module learning resources. Alternative learning tools and practical case studies will be applied where they can enhance learning. Future students will be strongly encouraged to engage in the unit materials regularly and attend the weekly tutorials. They will be advised that it is difficult to cover more than one module a week.
Action Taken
Nil.
Source: Student evaluation.
Feedback
'I found this course very interesting and [I] felt very supported. The only think that I can offer for some improvement is for more examples in the weekly bites to further explain the information in the study guide.'
Recommendation
Weekly bites and or separate case study/example videos to be included in next offering.
Action Taken
Nil.
Source: Student evaluation.
Feedback
'I found that the layout of the course in Moodle by Steven to be very well done and easy to follow. This allowed you to ensure that all areas were covered and made it easy to learn. Steven held weekly tutorial meetings with students who could attend and ensured these were recordered for those that were unable to attend, which was very helpful as due to the time of these and with my daughter I could not attend.'
Recommendation
Recording of tutorials to continue. The timing (7-8pm) was chosen in an attempt to suit work and family commitments. But will be looked at again with consideration given to other options.
Action Taken
Nil.
Source: Student evaluation.
Feedback
'Some of the tutorials were hard to hear due to background noise, perhaps maybe record in a room or quieter locations. Tutorials times (and [I] know [it]is hard to chose) probably better at 8pm and for 30 minutes as [I] have a 2 year old and [found] 7pm hard to attend, however really appreciated the ... zoom sessions.'
Recommendation
New voice recording equipment is in use and the unit coordinator will more actively use the mute functionality. Recording of tutorials to continue. The timing (7-8pm) was chosen to suit work and family commitments. But will be looked at again with consideration given to other options.
Action Taken
Nil.
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 Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Practical Assessment
2 - Examination
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
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
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
1 - Practical Assessment
2 - Examination