Forces for change in property education and research in Australia
Abstract
Purpose
This paper aims to identify changes occurring within the property professions and at the same time focus on the changing structures of the tertiary education sector in Australia and how both of these will influence property/real estate education and research into the future.
Design/methodology/ approach
The paper reviews a range of published international material and conference papers mostly emanating from the Pacific Rim Real Estate Society (PRRES) a formal focus for property researchers, educators and practitioners from over 15 countries. Structured interviews with leading property academics were conducted along with the authors' direct involvement with the Australian Property Institute and their National Education Board.
Findings
There is a strong demand for tertiary/property real estate education, which will continue in Australia though with a likely wider base extending beyond the traditional valuation and analysis fields. However, given the significant emerging changes in the tertiary sector in Australia, certain universities will tend to focus in such specialist areas.
Research limitations/implications
It would appear that this is not a widely researched area outside the PRRES group. The findings, however, are sound and have important implications for education and research in this critical economic sector.
Practical implications
The findings should help better refine the academic offer and research initiatives developed by those individual universities as they seek to establish their market niche. Whilst this paper applies particularly to the Australian context, observations regarding changing demand will be of wider interest and assistance.
Originality/value
This paper for the first time considers the changing demand for real estate / property graduate courses and demands for research in this field against the backdrop of contemporary change in the tertiary sector in Australia.
Keywords
Citation
Hefferan, M.J. and Ross, S. (2010), "Forces for change in property education and research in Australia", Property Management, Vol. 28 No. 5, pp. 370-381. https://doi.org/10.1108/02637471011086554
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited