School Of Business

Property Development ProcessWestern Sydney University Unit Code: 200874.1

Discipline: REAL ESTATE

Student Contribution Band: 4

Level: 3

Credit Points: 10

Assumed Knowledge
It is assumed that students will have a sound knowledge of valuation practices and principles, economic theory and town planning principles.

Equivalent Units
DN310A Property Development, 200598 Property Development

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
In this unit, students critically evaluate the property development process, from the initial development concept through to the end-use of completed development projects. Consideration is given to the implications of the property development process and development decisions from the viewpoints of developers, end users, financiers, public authorities and the community. Students acquire a theoretical understanding of the property development process, development appraisal techniques including financial and feasibility aspects, as well as an understanding of how to apply these techniques to a property scenario. Planning issues are also critically examined.

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