Top 10 Brisbane school zones for house price growth

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Like many other major Australian cities, many parents and savvy investors have crowded the Brisbane property market looking for some of the topmost sought-after school zones.

Demand in these school zone hotspots has skyrocketed as both property buyers and investors look to take advantage of the new property wave sweeping Brisbane pushing up property prices.

In fact, being located in a school catchment area can make a huge difference to a property’s value, with some people willing to pay a significant premium to be located within some primary and secondary school zones.

According to Domain Group’s latest 2021 School Zones Report, house prices in some Brisbane school catchment areas have jumped by over 40 per cent over the past 12 months, suggesting education is worth as much as a big pool and river views.

The huge price hike comes amid a market where there is fierce buyer competition in the city’s key family hotspots as both home buyers and investors look for properties with access to certain primary and secondary schools.

Domain’s chief of research Nicola Powell said the pandemic had helped supercharge school catchment prices with flexible working allowing young families to relocate to suburbs with easy access to beaches, parks and schools.

High School Students At School Cafeteria

“It’s astonishing to see that starting on a high base of house prices, one-in-10 school catchment zones are achieving 10 to 20 per cent more than the suburb they are located in,” Powell said.

We know that as part of the property decision-making process, parents and investors consider the geographical location of a potential property in relation to a school catchment zone.

When people are looking for a home, they’re looking for a lifestyle, and education is a big part of that picture, be it in the inner-city suburbs or the coastal regions of Australia.”

Dr. Powell explains that the boundary of a public school catchment is often a critical factor when it comes to purchasing a family home.

In Brisbane, secondary school catchments appear to have a more positive impact on house price growth compared to primary school catchments.

The Domain School Zones Report explains that…

School Children In Classroom At Lesson

  • House prices have risen across most school catchments analysed, up in 92% of primary and all secondary schools, aligning with the rising property market and increased popularity from interstate-movers.
  • While the top school catchments were dotted across Greater Brisbane suburbs and a variety of different price points, affordable outer locations dominated the list.
  • House price growth varied between neighbouring school zones. House prices in Tullawong State High School catchment jumped 21% annually, while the neighbouring school catchment of Caboolture State High School increased at a fraction of this rate, at 6%.
  • A larger proportion of secondary school catchments outpaced the respective suburbs’ performance, at 56% compared to 54% of primary schools.
  • One-third of school catchments had up to 10% additional annual growth above the respective suburb location. Roughly 15% had 10-20% additional house price growth over the suburb growth.

Here’s the list of the top 10 Brisbane primary schools catchment areas:

school namemedianyoy
1West End State School$1,325,000
+41.7%
View CatchmentsView
2Kimberley Park State School$620,000
+38.2%
View CatchmentsView
3Shailer Park State School$624,500
+35.0%
View CatchmentsView
4Cleveland State School$735,000
+34.4%
View CatchmentsView
5Camira State School$392,000
+34.2%
View CatchmentsView
6Chatswood Hills State School$467,750
+33.3%
View CatchmentsView
7Warrigal Road State School$666,500
+31.9%
View CatchmentsView
8Oakleigh State School$1,117,500
+31.5%
View CatchmentsView
9Ashgrove State School$1,200,000
+30.4%
View CatchmentsView
10Sandgate State School$672,000
+29.9%
View CatchmentsView
Source: Domain

 

Here’s the list of the top 10 Brisbane Secondary schools catchment areas:

school namemedianyoy
1Flagstone State Community College$512,900
+31.5%
View CatchmentsView
2Springfield Central State High School$494,900
+30.2%
View CatchmentsView
3Marsden State High School$425,000
+28.8%
View CatchmentsView
4Brisbane State High School$1,170,000
+28.2%
View CatchmentsView
5Bellbird Park State Secondary College$331,500
+23.9%
View CatchmentsView
6Murrumba State Secondary College$491,000
+22.3%
View CatchmentsView
7Kenmore State High School$850,000
+21.4%
View CatchmentsView
8Morayfield State High School$420,000
+20.9%
View CatchmentsView
9Tullawong State High School$427,500
+20.8%
View CatchmentsView
10Bremer State High School$385,000
+20.3%
View CatchmentsView
Source: Domain
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About

Brett Warren is Director of Metropole Properties Brisbane and uses his 13 plus years property investment experience to advise clients how to grow, protect and pass on their build their wealth through property. Visit: Metropole Brisbane


'Top 10 Brisbane school zones for house price growth' have 4 comments

    Avatar for Brett Warren

    September 25, 2021 Peter Davidson

    You need a geography lesson – these are Sydney suburbs !! Not Brisbane.

    Reply

      September 25, 2021 Michael Yardney

      Oops – that error has been fixed – the correct table has now been included

      Reply

    Avatar for Brett Warren

    September 25, 2021 HA

    Article says Brisbane but all catchment areas are coming in NSW and some 800 Kms away from Brisbane.
    Take an example of – Barrenjoey High School
    Link – https://www.domain.com.au/school-catchment/barrenjoey-high-school-nsw-2107-7
    You should rectify the error.

    Reply

      September 25, 2021 Michael Yardney

      Oops – that error has been fixed – the correct table has now been included

      Reply


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