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Graduate Diploma in Property Valuation

Become a certified property valuer with this professional qualification

If you already have a degree in a related field, then the Graduate Diploma in Property Valuation is the perfect way to enhance those qualifications and develop or progress your career in property valuation.

You have the flexibility to study full-time over one year or part-time over two years depending on what suits you and your career.


You can take the Graduate Diploma in Property Valuation either full-time over one year or part-time over two years – whatever suits you and your career best.

Either way you will undertake eight core courses covering all the fundamentals of property valuation, preparing you for career development or change:

Property Markets and Valuations

This subject introduces you to the main systems and relationships – social, political, economic and environmental – which govern the operation of property markets with particular reference to the valuation of urban property in Australia.

Economies of Cities and Regions

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions.

Property Development

This subject covers the development process and the major players; time value of money; 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.

Property Law

This subject provides an overview of the legal system in Australia including the concept of property and ownership in Australia; comparative land policy; the general law and the Torrens land registration systems; the legal nature of land: improvements, fixtures and chattels; encumbrances: easements, restrictive covenants, right; co-ownership: subdivision, joint tenancy in common; licenses and leases; contract, tort and agency; occupier's liability; impact of heritage legislation.

Property Resources and Management

The subject examines ownership and use perspectives as they apply to investment, valuation and management of real property as a business; property classes, market sectors and specialised properties; managing the physical asset in the various ownership and use scenarios, including legal, OHS, risk management, environmental and market demands; lease income and management.

Statutory Valuation

You will explore valuation for statutory purposes including rating, the examination of all taxes affecting property, including land tax, and compulsory acquisition and compensation.

Advanced Property Analysis

This subject builds on property fundamentals and focuses on research in the real estate market. The subject aims to give you a range of applied skills in advanced property analysis.

Construction Studies

The subject provides a broad overview of a range of topics relevant to the Australian construction industry, including the regulatory framework, construction materials and technology, construction documentation, geotechnical engineering, building structures, construction management and economics, and building inspections and faults. The subject addresses issues in the context of residential, commercial and industrial buildings, and includes site visits.


More information on the program structure and subjects is available in the University Handbook


  • Duration: 1 year full-time / 2 years part-time
  • Intake: Semester 1/ Semester 2
  • Study mode: On-campus only – Parkville campus

The Selection Committee will evaluate your ability to undertake the program successfully using the following criteria:

  • An undergraduate degree in a related disciplines such as Commerce, Business, Planning, Architecture, Building, Quantity Surveying, Law or Engineering and
  • At least one year of documented relevant work experience in the field of real estate/property or equivalent

The Selection Committee may conduct interviews or tests and may call for referee reports and employer references to clarify any of the points above.

See how to apply