16643 Property Market Research and Analysis
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particular session, location and mode of offering is the authoritative source
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Subject handbook information prior to 2024 is available in the Archives.
Credit points: 6 cp
Result type: Grade and marks
Description
This is a core subject usually taken in Year 1 of the Bachelor of Property Economics (C10310). It is important for understanding the property market research techniques, and to develop critical analytical capabilities together with communication and presentation skills. The subject covers analytical methods and processes that are used in an applied property market setting. It involves practical projects in both individual and group settings. The subject content extensively utilises industry examples and case studies. There are interactive in-class group activities based on learning material, which reinforce students learning outcomes and provide the opportunity for feedback.
Subject learning objectives (SLOs)
On successful completion of this subject, students should be able to:
| 1. | Communicate research findings including writing and presentation of research |
|---|---|
| 2. | Demonstrate an understanding of the importance of research for decision-making in built environment contexts |
| 3. | Demonstrate an understanding of research roles and their function in a built environment context |
| 4. | Derive critical conclusions in a built environment context from analytical research |
Course intended learning outcomes (CILOs)
This subject also contributes to the following Course Intended Learning Outcomes:
- Identify ethical issues and apply informed ethical judgements in professional Contexts (A.1)
- Apply economic theory in analysing property markets (P.3)
- Engage in critical and reflective thinking in built environment contexts (R.1)
- Critically analyse, structure and report the results of research (R.3)
Contribution to the development of graduate attributes
The term CAPRI is used for the five Design, Architecture and Building faculty graduate attribute categories where:
C = communication and groupwork
A = attitudes and values
P = practical and professional
R = research and critique
I = innovation and creativity.
Course intended learning outcomes (CILOs) are linked to these categories using codes (e.g. C-1, A-3, P-4, etc.).
Teaching and learning strategies
Delivery will include lectures on key concepts and provide an active learning environment and will be integrated within each session through group discussion, class workshops, and in-class participation by students and student groups. Lectures are augmented with online activities to help students self-assess their level of understanding of the content and its application. Online resource materials are provided throughout the semester via Canvas. Students will be engaged in independent learning through the use of pre-class readings, online activities, and hypothetical scenarios to stimulate problem-based learning. Collaborative problem-solving exercises, involving current property markets and case studies, will help reinforce key concepts discussed in class. Feedback on submitted assessment items will be provided through Canvas.
Content (topics)
- The research process (academic and industry), its purpose in built environment contexts
- The main types of research undertaken in built environment contexts
- How to source, critically evaluate and analyse both relevant data and existing research
- Qualitative and quantitative methods
- How to evaluate and select a method of analysis
- How to communicate findings including writing and presentation of research
Assessment
Assessment task 1: Residential Market Analysis
| Intent: | This task is aimed at introducing students to the property market research process commencing with residential property markets. Students develop their skills by undertaking research into residential property markets including compilation of data, analysis and reporting the findings. | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Objective(s): | This task addresses the following subject learning objectives: 1, 2, 3 and 4 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): A.1, P.3, R.1 and R.3 | ||||||||||||||||||||
| Type: | Report | ||||||||||||||||||||
| Groupwork: | Individual | ||||||||||||||||||||
| Weight: | 30% | ||||||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Assessment task 2: Office Market Analysis
| Intent: | This task is aimed at building on student's understanding of the research process by examining commercial property markets. Students develop their skills by undertaking research into commercial property markets including compilation of data, analysis and reporting of findings. | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Objective(s): | This task addresses the following subject learning objectives: 1, 2, 3 and 4 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): A.1, P.3, R.1 and R.3 | ||||||||||||||||||||
| Type: | Report | ||||||||||||||||||||
| Groupwork: | Group, group and individually assessed | ||||||||||||||||||||
| Weight: | 30% | ||||||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Assessment task 3: Retail Market Analysis
| Intent: | This task further builds on student's understanding of the property market research process by examining retail property markets. Students further develop their skills by undertaking in-depth research into retail property markets. | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Objective(s): | This task addresses the following subject learning objectives: 1, 2, 3 and 4 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): A.1, P.3, R.1 and R.3 | ||||||||||||||||||||
| Type: | Report | ||||||||||||||||||||
| Groupwork: | Individual | ||||||||||||||||||||
| Weight: | 40% | ||||||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Minimum requirements
The DAB attendance policy requires students to attend no less than 80% of formal teaching sessions (lectures and tutorials) for each class they are enrolled in to remain eligible for assessment.
References
Blamires, H. (2000). The Penguin guide to plain English: express yourself clearly and effectively, Penguin, Harmondsworth, Middlesex.
Kahr, Joshua, and Michael C. Thomsett. Real estate market valuation and analysis. Vol. 265. John Wiley & Sons, 2006.
A good dictionary.
The APA (American Psychological Association) referencing style is the most common style in use at UTS. UTS APA 7th Referencing guide can be accessed from APA Interactive Guide.pdf (uts.edu.au).
Style Manuel for Authors, Editors and Printers, AGPS, Canberra 5th or later edition
Other resources
Students should weekly consult UTS Canvas under this subject for additional references and readings.