Property Prices vs. School Catchment Zones
Changes made to Brisbane’s school catchments zones are affecting property prices across Brisbane’s greater region.
The state government released new school catchment maps last week, which revealed big changes.
Brisbane State High School’s catchment zone could be cut by 25 per cent to manage pressure on rising enrolment numbers.
This means those properties that remain in the catchment zone will experience a high demand and a likely median house price rise.
The excitement created has caused buyers to act fast, securing property listed for sale within the catchment areas of desired schools.
Earlier this year, we reported the school catchment zones which have seen between 19 and 40 per cent growth in property prices.
Despite Brisbane’s sustainable and steady price growth, school catchment zones have the potential to add thousands of dollars to a property’s value.
Find out how much your local school catchment is driving the price of your property. Download your free property report here.