Bachelor of Property & Real Estate

  • Move your career into property development & valuation with a Bachelor of Property and Real Estate
  • Nationally recognised degree delivered by Deakin University

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At a glance

Study mode



Deakin University
Career Opportunities
  • Property Developer
  • Property Manager
  • Sustainability Consultant
  • Property Valuer (private or government)
  • Property Sales & Acquisitions Consultant
  • Leasing Agent
  • Land Economist

Nationally recognised - meets Australian Qualifications Framework standards.
Meets requirements for membership as a Certified Practising Valuer.

  • Year 12 with an ATAR of 50, OR
  • A Certificate IV with a Weighted Average Mark of 60, OR
  • A Diploma or higher qualification, OR
  • Relevant business, administration, finance or property work experience


Work placement

Internships are available

Course length
Full-time: 3 years | Part-time: 4-6 years | Maximum 7 years
Study mode



Study from anywhere, when it suits you best and graduate with the identical qualification as an on-campus student.


Study part of the course online. Combine your online learning with classes or practical sessions on-campus at a college or university.


Attend classes on-campus at a university, TAFE or college and interact face-to-face with teachers and fellow students.

Assignments & exams. Some units also have a practical assessment.
Deakin University

SEEK Learning offers a range of degrees you can study online through Deakin University and receive the same qualification as an on-campus student.

Deakin University boasts an impressive reputation for being number one for student satisfaction in Victoria (2012) and offering industry placements that count towards your degree.

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Deakin University

The course price can vary depending on a few factors, including whether you are an Australian resident or your chosen payment option. To find out more, contact the course provider.


You can gain entry into the Bachelor of Property and Real Estate by fulfilling one of these criteria:

  • Year 12 with an ATAR of 50, OR
  • a Certificate IV with a Weighted Average Mark of 60, OR
  • a Diploma or higher qualification, OR
  • relevant business, administration, finance or property work experience

In all cases, selection is based primarily on academic merit. Information on your existing qualifications and work experience will also be considered in the selection process (and you may also gain credit for prior learning).

What you'll learn

You’ll develop knowledge and skills in:

  • Property development
  • Property valuation
  • Market analysis
  • Property economics and more.

You will graduate prepared for a career in global property and real estate industries.

Work placement

You may be able to undertake an internship as part of this course and gain industry experience.

Course structure

Each level comprises 8 credit points. To satisfy the requirements for granting of the Bachelor of Property and Real Estate degree, a student must complete a course which includes units amounting to at least 24 credit points, of which at least 6 must be at level 3 and no more than 10 must be at level 1.

Students are required to complete 16 credit points of core units and a 6 credit point major sequence in one of the following:

Major sequences

  1. Management

    Management refers to the procedures and systems used in an organisation to assess how individuals and the organisation itself can best operate. An integrated and progressive study of modern management theory and practice in an Australian and global context, which examines concepts such as managing change, globalisation, problem solving, innovation and technology and planning.

  2. Marketing

    Marketing is about relationships with customers and involves developing, maintaining and enhancing those relationships. Modern marketing is about adding value to the customer experience and building a relationship between buyers and sellers that benefits both. You will learn to think creatively and apply theory to practice in various situations where customer behaviour and expectations need to be managed.

Level 1 units

  1. Communication for academic studies

    This 0 credit point unit will assist commencing students in making a successful transition to university studies through the provision of strategies to help you to identify aspects of your communication skills that you may need to improve to ensure you are able to achieve the greatest success in your university studies.

  2. Introduction to property

    This unit aims to give students a general introduction into the property market and the role property plays in a today's economy. It introduces the concept of real property and improvements to land; highest and best use, property and the economy; a broad overview of property markets and sub-markets; an introduction to investment, yield and the time value of money; stages of property development and the stakeholders; urban economics and geography. On completion of Introduction to Property students should be able to:

    • Place property in the context of the built environment, urban planning, the investment environment, design and construction.
    • Appreciate the concept of real property & improvements on land.
    • Gain a broad understanding of property markets and submarkets.
    • Be aware of the broad legal and economic aspects of property valuation.
    • Appreciate the basic concepts of investment, yield and the time value of money including the essentials of basic financial mathematics.
    • Recognise the importance of urban economics and geography in the growth of cities and urban areas.
  3. Business law

    The unit provides the underlying concepts and purpose of commercial law. It covers the Australian legal system and the law relating to contract and negligence.

  4. Sustainable construction

    The aim of this unit is to introduce students to residential property construction techniques and the principles of building construction technology, materials and procedures and the key social, economic and environmental factors affecting sustainability. Students in this unit are introduced to sustainable building concepts , being increasing important in today's society and a key competency requirement for property and real estate professionals. The fundamentals of construction technology, materials and processes are linked to real world examples for residential developments. In particular, property and real estate professionals need to understand issues such as depreciation and the principles of building maintenance in the context of property value.

  5. Economic principles

    This unit is about the behaviour of consumers and producers and their interaction in the marketplace. The study of how markets operate is essential to understanding any form of economic behaviour in the global arena. The tools of market analysis developed in the unit provide the foundation for an understanding of issues such as coordinating people's needs with the world's limited resources, corporate pricing strategies, monopoly power, government regulation, the environment, income inequality, the economic relationships between countries and foreign trade.

  6. Property law & practice

    This unit examines the property and real estate marketplace and operation of the stakeholders within. It discusses the concept of property and ownership in Australia, as well as the general law and Torrens land registration systems in the context of professional property and real estate agency practice. Reference is made to professional institutions, ethics and industry standards Again with reference to professional practice, the unit further examines the legal nature of land, improvements fixtures and chattels, encumbrances, easements, restrictive covenants, rights, co-ownership, subdivision, joint tenancy, tenancy in common, licences and leases.

  7. Introduction to property development

    Students progressively explore the issues that affect development of land and redevelopment of existing properties through an understanding of local and regional planning controls, procedures and legislative policy and precedent. The unit covers the principles of urban and regional planning with environmental and heritage protection strategies also discussed. Information about land title, registration, zoning and development application processes, including land suitable for subdivision and appeal mechanisms, underpins the unit and assists with the development of effective urban policy and community consultation responses. This unit aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision-making in property development. It comprises the development process and the major players, concept of highest and best use, time value of money, the decision to build, property market research and analysis, appreciation of investment and market valuation methods, evaluation of land suitable for subdivision, development appraisal including residual analysis and cash flow modelling, price and worth, as well as risk, return and risk analysis.

  8. Accounting for decision making

    The unit covers: the impact of accounting; accounting reports; introduction of the accounting equation; classification; analysis and summarisation of transactions; accounting systems and internal control; the management decision-making process; cost concepts for management decisions; importance of budgets in the decisionmaking process; management of financial resources; techniques to analyse statements; limitations; evaluating performance; evaluating financial position.

Level 2 units

  1. Statutory valuation

    This unit is broken to two separate components: (a) valuation for statutory purposes and (b) compulsory acquisition and compensation. Valuation for statutory purposed covers unimproved capital value (UCV), capital improved value (CIV), site value (SV), net annual value (NAV), local government rates, mass appraisal techniques and land tax. Compulsory acquisition and compensation covers valuation principles and methodologies, expert witness statements and preparation for court as an expert witness. This unit aims to give students a basic understanding of the role of statutory valuation in the property market, and also what compulsory acquisition entails and how it affects the stakeholders.

  2. Property investment

    This is an applied property unit dealing with investment property in the commercial, industrial, retail and multi-unit residential markets. The focus is on the valuation and analysis of real estate development and investment proposals with particular emphasis on the understanding and application of quantitative methods in the analysis of real property. The unit examines the time value of money in detail including the six financial formulas used when undertaking a cash flow analysis. An objective of the units is for students to understand approaches to undertaking property investment and using the two primary valuation approaches, namely the discounted cash flow approach and the capitalisation of income approach.

  3. Property economics

    Property and real estate markets are directly affected by supply and demand factors which form the foundation for this unit. Attention is placed on factors that influence supply and demand of all types of property including demography, property cycles, economic factors and government decisions. This unit is closely linked to current day-to-day events and is very relevant to the "real world". It builds upon basic economic theory and focuses specifically on the property fundamentals including housing affordability, the rent vs. buy decision and broader urban geography concepts which affect different sectors in the property industry e.g. retail, office and residential.

  4. Commercial property construction studies

    Students progressively explore the methods and materials used on the construction of commercial, industrial and non residential property, including procurement and contract administration, through an understanding of best practice procedures and legislative policy controls. Maintenance management strategies and principles are also discussed. Information about typical defects affecting different construction types and materials, underpins the unit and an awareness of effective repair options are also discussed. Information is provided in textual and graphical form.

  5. Property management

    Property Management prepares students with an appreciation and understanding about this important component of the property and real estate market. This unit introduces students to the property management field and its interconnections with the planning, design, construction and maintenance of buildings. This unit includes different land uses such as residential, office and retail with the emphasis placed on buildings in use. Value management is a core objective of this unit which also covers make good clauses, building pathology, asset management, facilities management and planning. Sustainability issues in property management are an increasingly important issue and an integral part of this role.

  6. Advanced property development

    This unit aims to give students an advanced knowledge and a high level of skills to be able to operate as a property, design or construction professional in the area of development advice and decision-making in complex property development. It comprises the development process and the major players; time value of money and sensitivity analysis; the decision to build; property market research and analysis; appreciation of investment and market valuation methods; development appraisal including residual analysis and cash flow modelling; price and worth; risk, return and risk analysis.

  7. Marketing management

    This unit examines the nature of marketing management from a marketing planning perspective. The focus of discussion is the coordinated activities of the network of producers of goods, services and experiences which seek to satisfy their customers. Emphasis is placed on marketing strategy formulation and the use of strategic marketing mix elements in developing and maintaining a market orientation and assessing organisational performance. Such aspects of marketing as marketing research, customer behaviour, product innovation, and marketing communication are also examined.

Level 3 units

  1. Advanced property analysis

    In this unit students focus on the interesting area of undertaking data analysis in property markets using different statistical analysis such as hedonic modelling and regression analysis. Property market analysis is an increasing important role in society where property indicators are identified and analysed. This process is assisted by the use of GIS to enable spatial mapping of different property markets. The unit examines the process for undertaking research in the property and real estate fields and how to overcome barriers to accessing market information.

  2. Advanced property valuation

    This unit builds upon property valuation approaches developed in MMP212 Property Investment and examines international practices with relation to property valuation and appraisal methodologies and terminologies. Other advanced valuation topics are analysed including company and going concern valuations, specialised properties, caravan parks, hotels, retirement villages, rural properties, plant and machinery valuations, overnight residential property valuations. Advanced research methods are examined including the undertaking the processes required for a research project.


You will need to complete 5 electives as part of this course.

Support and delivery

Studying online explained

How Deakin's online courses are delivered

As an online student you’ll watch lectures, complete readings and participate in tutorials, just like an on-campus student. The difference is you’ll do this online, when it suits you.

Deakin was one of the first universities in Australia to deliver courses for off-campus students, and they pride themselves on an online learning system that is cutting-edge, engaging and easy to use.


This degree is accredited by the Australian Property Institute and the Royal Institution of Chartered Surveyors. After you graduate, you will meet the academic requirements for membership as a Certified Practising Valuer. 

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