This subject is available within certain ICMS undergraduate degrees. Please click the button below to find an undergraduate course for you.
3 credit points
Property development is like a system made up of a series of interconnected parts. Some of these parts, in no particular order, include the building components, materials, plans, sketches, covered in our subject Introduction to the Property Industry, to planning controls, approvals, assessing feasibility, securing financing, the decision to keep or sell and not to mention the actual construction, all of which make up the development process.
In this subject, students will develop the foundation knowledge and skills to enable them to conduct site feasibility on a hypothetical subdivision, ensuring relevant planning controls are met, applications completed whilst recognising the importance of sustainability and maintaining ethical standards.
a) Outline relevant planning controls and records.
b) Discuss the effects of planning legislation as it applies to a particular property’s highest and best use.
c) Describe the planning processes and land use controls.
d) Complete all the requirements of a development application.
e) Undertake a feasibility study on a proposed development site.
f) Recognise the socio-economic value of land, heritage conservation and adoption of a sustainable approach to urban planning.