House prices have soared in school catchments across the country, according to Domain's 2021 School Zones Report.

The report has been dubbed 'compelling', showcasing how both primary and secondary school catchments saw house prices skyrocket.

This demonstrates how buyers are prioritising schools as a key factor in their decisions, according to Domain senior research analyst Dr Nicola Powell.

"In the top 10 school catchments, there’s a variety of different price points but let’s be honest, it does not matter what price-point you’re purchasing at, you place a priority on education because we all want our kids to go to the best school," Dr Powell said.

It's known that house prices affect school catchments in some way, but Domain's report revealed some prices have risen an 'eye-watering' amount.

Top 10 primary schools

According to Domain's latest report, these were the top 10 primary schools that saw the biggest house price growth in its neighbouring school catchments.

School name State Median house price Year-on-year growth
Burraneer Bay Public School NSW $2,100,000 44.8%
Newport Public School NSW $2,675,000 43%
West End State School QLD $1,325,000 41.7%
Woy Woy Public School
NSW $870,000 41.5%
Richmond Primary School
VIC $1,842,500 39.6%
Kimberley Park State School
QLD $620,000 38.2%
Kellyville Ridge Public School
NSW $1,377,500 37.8%
Harbord Public School
NSW $3,050,000 37.6%
Kincumber Public School
NSW $912,500 36.9%
Heidelberg Primary School VIC $1,510,000 36.7%

Source: Domain

Top 10 secondary schools

Domain's report also revealed the top 10 secondary school zones with the largest house price growth.

School name State Median house price Year-on-year growth
Barrenjoey High School NSW $2,802,500 45%
Eastern Hills Senior High School WA $602,500 41.8%
Cronulla High School NSW $2,030,000 40%
Kiara College WA $417,500 39.2%
Kogarah High School NSW $1,300,000 38.4%
Kincumber High School NSW $1,175,000 38.2%
Woolooware High School NSW $1,610,000 34.2%
Mosman High School NSW $4,000,000 33.3%
Diamond Valley College VIC $990,000 33.2%
Bayview Secondary College TAS $447,500 32.6%

Source: Domain

How house prices have risen across the country

Domain's report highlighted the specific house price increases in both primary and secondary school districts across all Australian capital cities.

The report revealed that school zones have varying influence on house price movement, but that primary and secondary schools influence the relative house prices in the area.

On average, house prices in primary school zones increased by 37% across the capital cities.

Specifically, these were the results for the top primary school zones in each city:

  • Sydney: 44.8%
  • Melbourne: 39.6%
  • Brisbane: 41.7%
  • Adelaide: 32.8%
  • Canberra: 33.8%
  • Perth: 33.9%
  • Hobart: 35%
  • Darwin: 34.4%

Additionally, house prices jumped by an average of 32.6% across these capital cities in secondary school districts:

  • Sydney: 45%
  • Melbourne: 33.2%
  • Brisbane: 31.5%
  • Adelaide: 21.8%
  • Canberra: 22.9%
  • Perth: 41.8%
  • Hobart: 32.6%
  • Darwin: 32.6%

Advertisement

Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.04% p.a.
6.06% p.a.
$2,408
Principal & Interest
Variable
$0
$530
90%
Featured 4.6 Star Customer Ratings
  • No monthly or ongoing fees
  • Unlimited free redraw
  • No application fee
5.99% p.a.
5.90% p.a.
$2,396
Principal & Interest
Variable
$0
$0
80%
Featured Apply In Minutes
  • No application or ongoing fees. Annual rate discount
  • Unlimited redraws & additional repayments. LVR <80%
  • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
6.14% p.a.
6.16% p.a.
$2,434
Principal & Interest
Variable
$0
$250
60%
Featured Unlimited Redraws
  • No annual fees - None!
  • Get fast pre-approval
  • Unlimited additional repayments free of charge
  • Redraw freely - Access your additional payments when you need them
  • Home loan specialists available today
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

Image by Element5 Digital on Unsplash





Ready, Set, Buy!


Learn everything you need to know about buying property – from choosing the right property and home loan, to the purchasing process, tips to save money and more!

With bonus Q&A sheet and Crossword!

By subscribing you agree to our privacy policy