Sorry, this program is not available for local students.
Please contact Info Corner to discuss other study options.
Sorry, this program is not available for international students intending to study on a student visa.
If you hold a different visa type, you may be eligible. Please contact us for more information.
This honours degree establishes deep understanding and knowledge in property development, asset management, valuation, funds management and investment for property industry careers.
RMIT’s Bachelor of Applied Science (Property and Valuation) (Honours) will provide you with thorough understanding of the property sector, and allow you to specialise in all subsets of property and valuation.
The degree focuses on developing critical skills to understand the features and characteristics of a diverse range of property types and investment instruments.
What you will gain through this program
A firm understanding of property fundamentals including valuation, property management, development and investment markets is crucial to succeed in the property industry.
In this degree you will gain this foundational knowledge as well as the competency to identify, analyse and resolve problems relating to business in general, and property and valuation in particular.
Why study a Bachelor of Applied Science (Property and Valuation) (Honours) at RMIT?
More than four decades of experience in property education, and active connection with the property industry, gives RMIT's Property and Valuation teaching staff strong insight into trends occurring within the property professions.
Academic and teaching staff members are actively involved with professional industry bodies and regularly liaise with industry and employers.
This industry accredited degree has been developed to reflect the skills that employers and professional organisations are looking for in graduates.
International student visa holders can only study full-time.
The majority of classes are held within spaces specifically designed to enable prime class interaction. You will attend lectures, tutorials, workshops as well as site visits to industry partners such as Oliver Hume, Red23, Development Victoria, Stocklands and others.
The majority of staff members that teach in this program have been industry leaders within their specific disciplines, including aviation, government, funds management, investment and others. Industry experts conduct the specialist valuation courses.
Ongoing assessment throughout the semester includes examinations, essays, reports, oral classes, presentations, industry projects, research projects and practical assignments.
The program features capstone projects which include an industry-focused research thesis, an investment project and an in-depth property development.
Full-time students are expected to attend a minimum of 12 hours of classes and undertake approximately 36 hours of extra study and research per week.
All programs are delivered in English. You will have access online and digital resources through the myRMIT student portal.
This degree is part of the Employer of Choice Program, which provides direct connections to more than 250 industry partners and employers.
You are encouraged to undertake work experience in your 3rd and 4th year. Industry experience receives significant support in the property sector, and employers actively seek out RMIT students for project work and employment.
During your work experience, you will be employed part-time with a property firm. It is required to complete a minimum number of hours over a semester and you to keep a work experience journal.
RMIT University is committed to providing you with an education that strongly links formal learning with professional practice.
Property forms the foundation of the economy and is a necessity for all businesses, whether they purchase or lease their place of occupancy, or need it to expand or contract their business.
The economy may rise or fall but in all economic environments, there is a need for people skilled in managing, protecting and growing the investments of others.
Description of careers with the property industry:
- Property fund, portfolio or asset managers - are responsible for the strategy of a large portfolio of investment properties such as shopping centres, office buildings or industrial complexes. They can make decisions and recommendations to their employer or clients on property portfolio management and property investment/finance matters.
- Property developers - are involved in the various property development stages, from the initial proposal to the disposal of the developed property. The process and activities require entrepreneurial flair, along with a sound understanding of the financial returns, financing options, government planning requirements, marketing and negotiation skills. Graduates can opt for self-employment or working for small to large organisations to maximise financial returns from their property holdings.
- Property analysts or researchers - are employed by private organisations such as real estate companies, insurance companies, property developers, banks and other financial institutions, or by government departments. They may also be self-employed as private consultants.
- Property valuer - deal with all aspects of property valuation, including land and improvements, in all asset classes such as residential, commercial, retail, industrial, special purpose and rural properties.
Professional recognition and accreditation
This program is accredited by the Australian Property Institute (API) which has reciprocity agreements with countries like Canada, Hong Kong, New Zealand, Malaysia and Singapore, and membership with the Royal Institution of Chartered Surveyors (RICS) which is recognised worldwide.
This program provides the academic base required for membership to RICS. The API bodies also require applicants to have work experience, and meet other membership criteria to become certified practising valuers (CPV).
Students have the option to study overseas for a semester as an exchange or Study Abroad student.
Over the last 10 years students have completed global intensives in the UAE (predominantly Dubai and Abu Dhabi), Singapore, Hong Kong, Fiji and New Zealand. These tours allow you to see first hand how property developments are conducted in different environments and/or cultures.
RMIT’s Education Abroad Office (EAO) supports students to undertake an exchange or short term mobility activity with over 165 partner universities worldwide.
Program and course information
Make Property your career.
Specialised professionals are essential players in commercial, retail, industrial and residential property. RMIT will quip you to succeed in your property career.