Despite huge disruptions to the education sector in 2021, the NSW Higher School Certificate results were unexpectedly astounding.
But according to Property Commentator Anna Porter, along with rising results comes rising median house prices in the suburbs that have the top three ranked high schools in Sydney, QLD and Victoria.
Porter has unpacked the list and can reveal the most expensive and most affordable locations in buy in if you want to send your children to the highest ranked secondary schools.
“Over the years we’ve seen first-hand the impact a top performing school can have on the local housing market, especially in the public system with such rigorous catchment standards,” says Porter.
“This is no different today but in such heated market conditions across the nation, unfortunately, some parents are forced to look elsewhere.”
At the top of the list for the most expensive (and second on the list for ranking) in Sydney is North Sydney Boys High School with a whopping $3,040,000 median house price to get into the area.
“As for the most affordable, with a third place ranking is Baulkham Hills High School,” reveals Porter.
“The median house price here is a more modest $1,540,000 for a family home in the catchment area,”
“Being a public school however, you will need to buy in to the catchment to gain entry and this could set you back a little more than the median house price for the area as this is a sought after catchment to buy in to.”
Recent sales in the area reveal family homes within the catchment selling above $2 million.
Queensland’s most expensive area in the top three schools is Spring Hill at $1.3mil and coming in under the magic million mark is the third best ranked high school in Corinda at $940,000.
“Heading south to Victoria, the priciest area is Bialik College in Hawthorne East at $2.26mil,” reveals Porter.
“The area is attractive to buyers with deep pockets seeking large blocks to build big luxury homes or cash in on a small development,”
“The buy in has a significant differential to the third highest ranked high school being located at Ballarat and offering the most affordable catchment out of all three states at an affordable $695,000.”
Full List Below:
Sydney:
- James Ruse Agricultural High School (Carlingford). MP $1,750,000
- North Sydney Boys High School (North Sydney). MP $3,040,000
- Baulkham Hills High School (Baulkham Hills). MP $1,540,000
QLD:
- Queensland Academy – Science, Maths, Technology (Toowong). MP $1,281,000
- Brisbane Girls/Boys Grammar (Spring Hill). MP $1,300,000
- St Aidan’s Anglican Girls School (Corinda). MP $940,000
Vic:
- Haileybury Girls College (Keysborough). MP $903,900
- Bialik College (Hawthorn East). MP $2,261,000
- Ballarat Clarendon College (Ballarat). MP $695,000