MMP122 Property Development | Weeks 1–10 Study Notes

Description

These notes cover the entire Property Development unit and are divided into individual weeks and topics, making it easy to find information and revise key concepts. They follow the property development process from identifying opportunities and selecting suitable land through to planning, market research, financial feasibility, construction and marketing. The notes include colourful illustrations, diagrams, tables and visual summaries to help explain more complicated concepts. They are written in straightforward language, with practical examples that connect the theory to real-world property development, particularly within the Victorian planning and property market. There is also a strong focus on the financial side of property development, including development appraisals, residual land valuations, construction costs, profit calculations, finance and risk assessment. Key formulas, worked examples, revision questions and quick-reference guides make it easier to understand the calculations and apply them to assessments. Topics covered: Week 1: Introduction to Property Development Week 2: Sustainable Development Week 3: Land for Development Week 4: The Planning System Week 5: Market Research Week 6: Identifying Highest and Best Use Week 7: Development Appraisal Week 8: Finance and Risk Week 9: Construction Cost and Procurement Week 10: Marketing and Promotion The notes are 28 pages long and combine detailed explanations with colour coding, original visual summaries and practical property development examples. They are particularly useful for understanding the Victorian planning system, evaluating development opportunities, comparing different land uses and completing financial feasibility calculations. These notes were designed to support weekly study and university assessments, while also providing a useful reference for anyone interested in understanding how property development projects are planned, assessed, financed and delivered.