By John McGrath
Any family buyer will tell you that it really pays to live in the right school catchment zone – and now there’s research to prove it.
Being in the right catchment is not only important to ensure your child is eligible to attend the school you want, it can also positively impact the capital growth of your home over time.
School zones are a big selling point in many areas – in fact, the quality of the local schools can be the key reason for moving there. This is definitely the case in areas such as Sydney’s Upper North Shore. The region attracts families from all over Sydney due to its large selection of highly sought-after public and private schools.
Domain recently released some new research - called the 2015 School Zones Report Card, which looked at property price growth over the 12 months to April 2015, compared to the previous year, within government school catchment zones across Australia.
It found the strongest link between school zones and price growth in Sydney. The national Top 10 comprises nine suburbs in Sydney for both primary and high school zones.
Check out the Top 10 below.
Top 10 primary school catchment zones with highest price growth – national
Top 10 high school catchment zones with highest price growth – national
I’ve got two really important tips for family buyers looking to purchase in specific catchment zones.
To help family buyers looking to purchase in school zones, Domain has developed a mobile app that allows you to see which school catchment zone a listed property falls into.
You can also call up a map of your favoured school’s catchment zone as well as information about the school itself. Download the app at domain.com.au.
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