School Of Business

Principles of ValuationWestern Sydney University Unit Code: 200602.2

Discipline: VALUATION

Student Contribution Band: 4

Level: 1

Credit Points: 10

Assumed Knowledge
Students undertaking this unit should have a sound knowledge of the property industry and an understanding of introductory financial mathematics.

Equivalent Units
VA102A - Principles of Valuation

Unit Enrolment Restrictions
External offerings for this unit are only available to students who are enrolled in a Property course or specialisation.

About this Unit
This unit covers five main topic areas. The first area covers various valuation methods and extends the students’ knowledge in relation to industrial property valuation. The second area covers the hypothetical development method of valuation as well as strata valuation principles. The third area introduces the valuation of partial interests and advanced valuation mathematics. The fourth area provides an introduction to statutory valuation, rating and taxing of property. The last area introduces the students to commercial property valuation.

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