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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| Format: | eBook |
| Language: | English |
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Abingdon, Oxon ; New York, NY :
Routledge,
2021.
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| Edition: | Third edition. |
| Subjects: |
MARC
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| 100 | 1 | |a Hefferan, Michael J., |e author. |0 http://id.loc.gov/authorities/names/n2020010624. | |
| 245 | 1 | 0 | |a Real property in Australia : |b foundations and application / |c Michael J. Hefferan. |
| 250 | |a Third edition. | ||
| 264 | 1 | |a Abingdon, Oxon ; |a New York, NY : |b Routledge, |c 2021. | |
| 264 | 4 | |c ©2021. | |
| 300 | |a 1 online resource (xviii, 340 pages) : |b illustrations. | ||
| 336 | |a text |b txt |2 rdacontent. | ||
| 337 | |a computer |b c |2 rdamedia. | ||
| 338 | |a online resource |b cr |2 rdacarrier. | ||
| 545 | 0 | |a Micheal J. Hefferan is the recently retired Pro Vice-Chancellor (Engagement) and Professor of Property and Development at the University of the Sunshine Coast. He has a PhD, Masters of Applied Science and postgraduate management qualifications. He is a Registered Valuer, a fellow of the Australian Property Institute and was a long-term fellow of the Royal Institution of Chartered Surveyors, Urban Development Institute of Australia and of the Australian Institute of Company Directors. He is a past president of the Australian Property Institute, Queensland Division, and past Chair of that organisation's National Education Board. He was previously Director of the Institute for Sustainable Resources at the Queensland University of Technology, Brisbane - a major cross-faculty research organisation with particular interest in resources management, sustainable built environments and social dimensions of change. For almost 20 years previously, he was an executive director within the Queensland State Government, with direct responsibility for industry and regional development. In those areas, he managed some of the largest development projects and commercial and industrial property portfolios in the State. His particular research interests include issues relating to statutory valuation and property taxation, building use and adaptation, master planned communities, sustainability within the built environment and regional development. He was, for many years, co-editor of the Australasian Journal of Regional Studies and continues with academic and research involvement with the University of the Sunshine Coast and Queensland University of Technology and, in North America, with Purdue University, Indiana and Memorial University, Newfoundland. He consults widely and is involved in numerous programme and project reviews for governments and international bodies. He has now been awarded Emeritus status by his home university. | |
| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a 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. | |
| 505 | 0 | |a 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. | |
| 505 | 0 | |a 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. | |
| 505 | 0 | |a 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. | |
| 505 | 0 | |a 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. | |
| 520 | |a 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 other forces. Consequently, a true appreciation of individual assets and of the property sector as a whole demands an understanding of both the assets themselves and the context and markets in which they exist. The sector is complex and, on the face of it, confusing. It is however, not without logic and underlying themes and principles. This book provides a wider understanding of how the real property sector works. It covers topics such as the nature of real property and its functions, economic drivers, valuation principles, legal and tenure parameters, property taxation, land development and subdivision, asset and property management and sustainability - all critical components in this complexand critically importantsector. It provides a wide and balanced perspective for experienced practitioners, investors, students and anyone involved in property decision-making or wishing to secure a deeper understanding of these areas. The book integrates research-based theory with practical application and first-hand insights into a sector that underpins the Australian economy, its communities and its sustainability. | ||
| 588 | 0 | |a Online resource; title from digital title page (viewed on January 07, 2021) | |
| 650 | 0 | |a Real property |z Australia. | |
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| 651 | 7 | |a Australia. |2 fast |0 (OCoLC)fst01204543. | |
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