How much can a good school zone affect the price of your home?

Home Forums Property Investment Discussion How much can a good school zone affect the price of your home?

This topic contains 0 replies, has 1 voice, and was last updated by  Patrick Shi 6 months, 4 weeks ago.

  • Author
    Posts
  • #1689

    Patrick Shi
    Keymaster

    According to Domain:

    With close proximity to a quality local school being a must-have for many home buyers, it’s no surprise that demand for ideally located properties remains as high as ever.

    Thanks to the automatic school acceptance that results from residing in a particular catchment area (not to mention the added advantage of minimal school commuting times), competition for relevant properties can be fierce.

    “For a lot of buyers, good quality schools and their location have a big impact,” says experienced inner-Sydney agent Duncan Gordon.

    “If the school is sought-after and popular, it can be the driving force behind purchasing decisions within a particular catchment area. Obviously, this also improves the value of relevant properties.”

    I just wonder how much you think a good school zone can increase a property’s value.

You must be logged in to reply to this topic.