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.
Lender | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Variable | More details | ||||||||||||
| FEATUREDOnline ExclusiveUp To $4K Cashback Includes NOV RBA Rate Increase | loans.com.au – Variable Basic Cashback Home Loan (Principal and Interest) (LVR < 70%)
| ||||||||||||
loans.com.au – Variable Basic Cashback Home Loan (Principal and Interest) (LVR < 70%)
| |||||||||||||
| Variable | More details | ||||||||||||
| FEATUREDRefinance OnlyApply In Minutes | Unloan – Variable Rate Home Loan – Refinance Only
| ||||||||||||
Unloan – Variable Rate Home Loan – Refinance Only
| |||||||||||||
| Variable | More details | ||||||||||||
| FEATURED | Up – Up Home Variable (Principal & Interest) (LVR ≤ 90)
| ||||||||||||
Up – Up Home Variable (Principal & Interest) (LVR ≤ 90)
| |||||||||||||
- Immediate cashback upon settlement
- $2000 for loans up to $700,000
- $4000 for loans over $700,000
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!
Brooke Cooper
Harry O'Sullivan
Staff Writers
Rachel Horan
