Property is about more than just houses. Property decisions can lead to major allocations of resources (land, labour and capital). Having a good understanding of property fundamentals including valuation, development and property investment markets is critical to successfully gain employment. You will develop your competency to identify, analyse and resolve problems relating to business in general, and property and valuation in particular. The word ‘property’ is used to link a number of related professions, all of which deal directly with property. Almost four decades of experience in property education has given RMIT an ability to gauge what is occurring within the property professions. The skills that employers and professional bodies seek are well reflected within this program. Staff members are heavily involved with the professional bodies and regularly liaise with industry and employers. As a property professional you will understand the features and characteristics of the diverse range of property types and property investment instruments.

Careers within the property industry are stable, due to the physical need for a place to live and work. 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. 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 job titles: Property fund managers/portfolio managers/asset managers - 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 - 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 researchers - employed by private organisations like 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 - As a valuer you will deal with all aspects of property valuation including land and all improvements - such as buildings, fences, landscaping - in all asset classes including residential, commercial, retail, industrial, special purpose and rural. 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 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.