PHOTO: Megan Matthew with her children Jack, 15, Ruby, 13 and Frankie, 3, at their home in Bardon, Brisbane. Photo: Marc Pricop

House prices in some school catchments have skyrocketed by almost 30 per cent over the past 12 months, proving education is not only golden but worth far more to families than a big pool and water views.

Prices soared in both affordable and ritzy neighbourhoods, the latest Domain School Zones Report, released Thursday, showed, as parents sought the best opportunities for their children.

The dramatic price hike comes amid reports of fierce buyer competition in key family hotspots, as growing hordes of home hunters place primary and secondary school access at the top of their wish list.

 

School Zones Compared

See how School catchments compare across different cities and how they drive property value and growth.

School Zones Report

“These catchments are a fundamental driver for property decisions because education is hugely important,” Domain senior research analyst Nicola Powell said, adding that price jumps were recorded in both expensive and affordable pockets.

Australia’s top 10 primary school zones for house price growth
School name State Median YOY
Como Primary School
WA $901,750 +35.6%
Dudley Park Primary School
WA $276,000 +30.8%
Bald Hills State School
QLD $675,000 +29.2%
Newport Public School
NSW $2,000,000 +29%
Wynnum West State School
QLD $547,500 +28.8%
Rainworth State School
QLD $1,150,000 +27.8%
Elwood Primary School
VIC $1,730,000 +27.2%
Ipswich Central State School
QLD $365,000 +27%
Avalon Public School
NSW $2,562,500 +26.5%
Cannon Hill State School
QLD $755,000 +25.8%
Source: Domain School Zones report 2020. Median sale price is based on 12 months of data to October.
Australia’s top 10 high school zones for house price growth
School name State Median YOY
Armadale Senior High School
WA $325,000 +32.7%
Epping Boys High School
NSW $1,565,000 +32.3%
Colo High School
NSW $600,000 +31.9%
Applecross Senior High School
WA $1,030,000 +28.9%
Willoughby Girls High School
NSW $3,115,000 +28.6%
Staughton College
VIC $480,000 +28%
Ryde Secondary College
NSW $1,530,000 +27.5%
Rosebud Secondary College
VIC $796,000 +27.4%
Belconnen High School
ACT $707,600 +26.4%
Albert Park College
VIC $1,695,000 +25.6%
Source: Domain School Zones report 2020. Median sale price is based on 12 months of data to October.

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