University of Technology, Sydney

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16658 Capstone Project: Property Development Analysis

6cp; block studio sessions, with tutorials between sessions; it is recommended that students use the remainder of the tutorial day to complete group work; some out-of-class site visits and client meetings required
Requisite(s): (16235 Urban Economics AND 16655 Property Finance AND 16333 Statutory Valuation and Compensation AND (16656 Sustainable Construction and Development Management OR 16657 Property Investment and Portfolio Management))

Description

As the capstone subject, this is the culmination of the student's Property Economics course and applies all their learning experiences to date.

Specifically, the class focuses on the delivery of a comprehensive development proposal with supporting site analysis, case study and market research, financial and investment analysis, application of sustainable design and transit-oriented development strategies. Issues to be addressed include building/land relationships, planning and development application requirements, site analysis, encumbrances on title, neighbourhood compatibility, market demand analysis and financial feasibility parameters, factors impacting appraisal, tax application (GST, marginal tax, etc.), design (building and site), transportation and accessibility, and sustainability factors. Although some work is completed individually, students work collaboratively for a large portion of the subject to ensure all aspects impacting the development proposal are considered.

Each year the class works with a real client investigating a potential development/redevelopment site. As such, there is a focus on professional-level communication styles, i.e. using professional language, professional tone, and professional-level graphics in proposal reports and presentations. A client representative, when possible, attends the final presentations and is given copies of the final report booklets.

Multiple trips to the proposed site, both as a class and as individuals and/or teams, should be anticipated.

This year's project is part of a larger Collaborative Urban Teaching Platform (CUTP) with Landcom. The CUTP is a multi-university, cross-disciplinary urban teaching partnership involving several Sydney-based universities and Landcom. It is administered through the Communities of Practices partnership. The CUTP has three key aims:

  1. Engagement: get students out of the classroom and into the field to work on live urban projects with government and possibly industry partners
  2. Networking: get students and staff from different Sydney-based universities working together on common urban problems from different disciplinary perspectives
  3. Outcomes: get students (and staff) to productively contribute to the development of Sydney, with the aim of building a better city.

As a result of participating in the CUTP project, students have a few additional meetings to get information from Landcom, are offered an opportunity to network across disciplines and Universities, and hear presentations of top projects from other courses.


Detailed subject description.

Fee information

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Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.