Master of Property

Master of Property

POSTGRADUATE

Become an industry leader in property.

Student type:
Mode of study:
On campus and blended learning
Entry score:

Not applicable

Duration:
Full-time 2 years
Part-time 4 years
Fees:

AU$31,680 (2023 annual)

Next intake:
February, July
Location:
Melbourne City
Mode of study:
On campus and blended learning
Entry score:

IELTS 6.5

Duration:
Full-time 2 years
Fees:

AU$42,240 (2023 annual)

Next intake:
February, July
Location:
Melbourne City

Overview

RMIT’s Master of Property has been designed to enable you to critically engage with contemporary property theory, apply your knowledge and skills to creatively address industry problems, and to realise business opportunities across the corporate and residential sectors.

Our industry connected degree will develop your skills and knowledge within the domains of:

  • Corporate property asset management
  • Property valuation
  • Property development
  • Property investment feasibility
  • Funds management.

What you will gain through this degree.

As a graduate of this degree, you will develop the skills needed to work in high level and senior management roles. You will possess sound knowledge of property as an asset class within local and global contexts and the ability to independently conduct research and analyse industry trends. You will also be equipped to apply your team-work and management skills to formulate industry solutions, and provide informed evidence based decision making.

The course coordinators invited real-life professionals to give lectures about what we could expect in real situations. That’s what I loved about RMIT: you get to learn real stuff as well as theory.
Portrait of Antai Su, Master of Propertyat RMIT - Antai Su, Master of Property at RMIT

Why study a Master of Property at RMIT?

Our expert teachers, passionate researchers, connections to industry and strong practical focus means RMIT postgraduates are among the most employable in Australia.

A Capstone Experience, either through an individual professional practice project or a minor thesis, allows you to integrate your knowledge, connect theory to practice, and demonstrate your learning.

This degree is approved for Centrelink support.

Details

RMIT offers a variety of learning and teaching approaches including lectures, seminars, workshops, presentations, group discussions and research.

As a postgraduate student we understand your need for flexible study options to fit into your busy schedules. This degree is predominantly taught outside of business hours between 5:30pm and 9:30pm. Some intensive weekend modules are available.

Blended learning options

Courses offered as part of blended learning programs include a meaningful blend of online, on-campus, and workplace based learning tailored to the type of study you undertake. This learning is active, prioritising tasks that involve exploration and development of skills and knowledge through interaction and engagement.

Online aspects provide positive benefits such as flexibility and adaptability using digital activities and materials, while also strengthening the interaction and connection with timetabled and on-campus experiences such as tutorials, practicals, or workshops.

This degree is committed to providing work-integrated learning (WIL).

WIL is an integral component in many assessments where problem-based learning and critical reflection on practice are needed.

RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.

Global work, exchange and study experiences

RMIT offers a range of opportunities for our students to study abroad through global work, exchange and study experiences with over 165 partner universities worldwide.

  • 2 years full-time or 4 years part-time

The Graduate Certificate in Property and Graduate Diploma in Property are available as exit awards of this degree. Any advanced standing you receive for the masters program is not transferrable to an exit award. If you wish to exit early with one of these programs, you must have completed all courses specified in the relevant program structure.

Most courses are held in the evenings with some intensive weekend workshops.

2 years full time.

The knowledge and skills you will acquire throughout this degree and how they can be applied in your career are described in the learning outcomes.

In the first year of this degree, you will undertake six core subjects that span valuation techniques and property analysis, real estate law, corporate property finance, and more. You will also choose two electivee subjects, with options including the valuation of rural properties, project management, marketing, accounting, and more.

In your second year, you will undertake a total of eight subjects designed teach you quantitative methods for economic analysis and property investment planning, and will hone your research skills. You will also undertake the capstone subject Property Industry Project.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Master of Property
Program code: MC212

Title
Location
Duration
Plan code
CRICOS
Master of Property
City Campus
2 years Full-Time or 4 years Part-Time (check Articulation & Pathways section for more detail)
MC212
085116G
Location
City Campus
Duration
2 years Full-Time or 4 years Part-Time (check Articulation & Pathways section for more detail)
Plan code
MC212
CRICOS
085116G
Master of Property
City Campus
2 years Full-Time
MC212
085116G
Location
City Campus
Duration
2 years Full-Time
Plan code
MC212
CRICOS
085116G

Note: International student visa holders can only study full-time.

Career

You'll discover employment opportunities across a wide range of activities relating to property investment and property development.

As an accredited program with the Australian Property Institute (API) our graduates meet the academic requirement for Associate membership. If the API specified Valuation courses are selected, graduates also meet the academic requirements for Certified Practising Valuer (CPV).

Admissions

You need to satisfy all of the following entry requirements to be considered for entry into this degree.

You must have successfully completed:

  • an Australian bachelor degree (or equivalent overseas qualification)

    OR
  • a minimum of 8 years' professional work experience in a related industry. Applicants with professional experience at a senior level that spans fewer than 8 years may also be considered.

To have your professional experience considered you must submit with your application a CV and a personal statement detailing your experience.

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

You must meet the University's minimum English language requirements to be eligible for a place in this program.

You need to satisfy all of the following requirements to be considered for entry into this degree.

You must have successfully completed an Australian bachelor degree (or equivalent overseas qualification) in any discipline.

You may also be considered if you do not have an undergraduate degree but have a minimum of 8 years professional work experience in a related industry or professional experience at a senior level that is less than 8 years.

There are no prerequisite subjects required for entry into this qualification.

To have your professional experience considered you must include in your application:

  • a CV
  • a statement that details your experience.

To study this course you will need to complete one of the following English proficiency tests:

  • IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
  • TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
  • Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
  • Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Advanced Plus Certificate at RMIT English Worldwide.

Pathways

Successful completion of the Graduate Certificate in Property guarantees entry into this master program with 48 credit points of advanced standing (equivalent to 0.5 year full-time study).

Successful completion of the Graduate Diploma in Property guarantees entry into this master program with 96 credit points of advanced standing (equivalent to 1 year full-time study).

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Upon successful completion of this masters degree, you may be eligible to undertake further studies in related programs at RMIT University, including postgraduate research programs, subject to the program's entrance requirements.

You can gain entry into this degree from a range of RMIT undergraduate programs.

Credit

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Upon successful completion of this degree, you may be eligible for entry into an RMIT Masters by Research or Doctoral (PhD) program.

Fees

2023 indicative fees

  • Full-fee places: AU$31,680.

Additional expenses

  • Student services and amenities fee (SSAF): AU$326 maximum fee for 2023*.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment*

Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.

*Fees are adjusted on an annual basis and these fees should only be used as a guide.

Defer your payment

This program is offered on a full-fee paying basis only. If you are offered a place, you will need to pay the full tuition costs of your program. However, eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2023 is $326. 

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

FEE-HELP loans

Eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

How does a HELP loan work?

If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.

You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.

This program is approved for income support.

You may be eligible for student income support payments from the Commonwealth Government if you are undertaking a graduate certificate, graduate diploma or an approved professionally oriented masters by coursework program. For more information see Income support for Masters students.

If you are enrolled in an eligible program you will also need to satisfy all other student payment eligibility requirements. You can contact Centrelink or Services Australia for further information about student income support entitlements, your eligibility and how to apply.

You may be eligible to apply for income tax deductions for education expenses linked to your employment.

See the Australian Taxation Office (ATO) for more information.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

The annual tuition fee for 2023 is AU$42,240.

The total indicative tuition fee for 2023 commencement is AU$84,480.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.