Education influences investors across a broad range of demographics and data shows that it is now influencing property prices in Sydney’s most popular education catchments.
Education is a long-term consideration and, whether you are planning a family, have children already enrolled in school, or are an investor looking to attract long-term, quality tenants, it may be beneficial to consider school catchment zones when you are determining suburbs of interest.
Domain’s 2016 School Zones Report overlaid property market data with school catchment zones, which demonstrated a significant trend in property market growth.
Neutral Bay Public School catchment on Sydney’s Lower North Shore saw an incredible 31.4% year-on-year growth (YOY) for property sales between 2015 and 2016, while Woodport Public School (located in Erina) catchment and Vaucluse Public School (located in Vaucluse) catchment saw a 27.2% and 26.8% increase respectively.
There is a similar story for greater Sydney secondary schools, with Hunters Hill High School catchment achieving YOY growth of 31.9% between 2015 and 2016.
Rose Bay Secondary College (in Dover Heights) catchment and Lake Macquarie High School (in Booragul) catchments saw a 19.9% and 18.8% increase respectively.
The top growth primary school zones for greater Sydney and their YOY percentage growth are as follows:
1.Neutral Bay Public School — 34%
2.Woodport Public School — 27.2%
3.Vaucluse Public School — 26.8%
4.Thomas Acres Public School — 26.3%
5.St Peters Public School — 26.3%
6.Woolooware Public School — 25.2%
7.Glenmore Road Public School — 24.3%
8.Blaxcell Street Public School — 24.0%
9.Bondi Public School — 23.2%
10.Rydalmere East Public School — 22.8%
The top growth secondary school zones for greater Sydney and YOY percentage growth are as follows:
1.Hunters Hill High School — 20.0%
2.Rose Bay Secondary College — 19.9%
3.Lake Macquarie High School — 18.8%
4.Sydney Secondary College — 18.2%
5.Matraville Sports High School — 16.4%
6.Barrenjoey High School — 15.8%
7.Cheltenham Girls High School — 15.8%
8.Granville Boys High School — 15.3%
9.Port Hacking High School — 13.1%
10.Swansea High School — 13.1%.
For a comprehensive list of the top growth school zones for greater Sydney, visit Domain.