This course introduces students to the principles of property valuation, with particular emphasis on how residential property valuations are carried out. It covers: the factors that create and influence value in the marketplace; the theory of value, including current market value, value in exchange, and statutory definitions of value; sourcing and analysis of data; use and application of G.I.S. in the valuation process valuation methods, and when to use the various approaches; physical and legal attributes of land, buildings and other improvements, and their impact on value; the impact of cash flows on property markets; the effect of planning on value and the valuation process; the impact of legislation and judicial precedent on valuation theory and practice; professional practice standards; ethics; and, writing a valuation report.
Applicants can apply via online (by downloading the enrolment form), phone, mail, or in person. For more information, contact:
RMIT's Continuing Education Centre:
Tel: +61 3 9925 8111 (9am to 5pm weekdays)
The Royal Melbourne Institute of Technology (RMIT) is one of Australia’s original and leading educational institutions. As an innovative, global university of technology, RMIT has an international reputation for its industry-relevant programmes and courses.
With over 70,000 students studying at campuses in Victoria and Vietnam, online, by distance education, and at partner institutions throughout the world, the University is one of the largest in the country.
RMIT offers a wide range of degrees including art and design, IT, architecture, communications, science and much more.
RMIT has various campuses in Melbourne's city, Brunswick and Bundoora. The institution also offers specialised education in Point Cook and Hamilton.
The RMIT International University Vietnam is based in Ho Chi Minh City, Vietnam.