Real property in Australia : foundations and application

Real property in Australia : foundations and application / Michael J. Hefferan.

Real property in the form of investment, ownership and use pervades almost every aspect of daily lives andrepresents over 40% of Australia's wealth. Such assets do not exist in isolation - they are dynamic and forever evolving, impacted by a range of physical, economic, demographic, legal and o...

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Bibliographic Details
Main Author: Hefferan, Michael J. (Author)
Format: eBook
Language:English
Published: Abingdon, Oxon ; New York, NY : Routledge, 2021.
Edition:Third edition.
Subjects:
Real property > Australia.
BUSINESS & ECONOMICS > Real Estate.
BUSINESS & ECONOMICS > Urban & Regional.
ARCHITECTURE > Urban & Land Use Planning.
Real property
Australia
Online Access:Click for online access
Table of Contents:
  • 1 A Contemporary Approach
  • 1.1 Introduction
  • 1.2 The Evolution of Studies in Real Property
  • 1.3 An Holistic Approach
  • 1.4 An Education and Research Base
  • 1.5 Critiquing Information
  • 1.6 About the Numbers
  • 2 Economic Foundations
  • 2.1 Introduction
  • 2.2 The Nature of Economics: Some Definitions
  • 2.3 The Historical Development of Mainstream Economic Theories
  • 2.4 Further Concepts in Economic Theory and Management
  • 2.5 The Relationship Between Real Property and the Economy
  • 3 The Financial Sector
  • 3.1 Introduction
  • 3.2 Defining the Financial Sector
  • 3.3 Some History
  • The Development of the Financial Sector
  • 3.4 Fundamental Concepts
  • 3.5 The Financial Sector and Real Property
  • 4 The Use of Land Resources: History and Trends
  • 4.1 Introduction
  • 4.2 The Importance of Place
  • 4.3 An Historical Perspective
  • 4.4 Urbanisation and the Rise of Cities
  • 4.5 Urban Development
  • Theory and Design
  • 4.6 The Australian Context
  • 4.7 Key Issues and Challenges
  • 4.8 A Likely Future
  • 4.9 Implications for Real Property and its Market
  • 5 Real Property as an Asset
  • 5.1 Introduction
  • 5.2 Background
  • 5.3 What is Different about Real Property Assets?
  • 5.4 Industry Terminology
  • 5.5 The Characteristics of Real Property Assets
  • 5.6 Income-Producing Properties
  • 5.7 Holding and Dealing With Real Property
  • 5.8 A Changing Approach to Property Assets and their Management
  • 6 Legal and Government Parameters
  • 6.1 Introduction
  • 6.2 The Nature and Origins of Law
  • 6.3 The Development of Law and Government in Australia
  • 6.4 Federalism Today
  • 6.5 Government and Judicial Operations
  • 6.6 Government, Legal Systems and Real Property
  • 7 Real Property: Tenure and Dealings
  • 7.1 Introduction
  • 7.2 Land Tenure Systems in Australia
  • 7.3 Evolving Tenure Models
  • 7.4 Contracts
  • General Parameters
  • 7.5 Property Leases
  • 7.6 Compulsory Acquisition
  • 7.7 Native Title
  • 8 Property Sectors: Urban
  • 8.1 Introduction
  • 8.2 Commercial (Office) Buildings
  • 8.3 Retail
  • 8.4 Industrial
  • 8.5 Non-Income-Producing Properties and Portfolios
  • 8.6 Residential
  • 8.7 Other Urban Property Sectors
  • Summary Observations
  • 9 Property Sectors: Rural
  • 9.1 Introduction
  • 9.2 The Nature of Regional and Rural Australia
  • 9.3 Specific Rural Property Sectors
  • General Observations
  • 9.4 Rural Real Property Assessment
  • Summary
  • 10 Valuation Theory and Applications
  • 10.1 Introduction
  • 10.2 The Need for Established Methodologies and Professional Practice in Assessing Property Value
  • 10.3 Valuation Principles
  • 10.4 Valuation Practice: Overview
  • 10.5 Valuation Practice: Use of Comparable Sales
  • 10.6 Valuation Practice: Income-Producing Properties
  • 10.7 Valuation Practice: Investment Analysis

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