Real Estate Investors are paying more for properties near top ranking schools and universities, and this is a trend expected to continue in the future.
Anyone fast enough to purchase a three-bedroom apartment close to a good secondary school or a two or one-bedroom apartment near a top uni in Brisbane will almost certainly get an excellent return on investment, with premium rent, low vacancy rates and strong capital growth.
The old days of attending the local school are now gone. Parents make educational decisions and research the right schools from the birth of their child, if not even sooner. Many parents choose the school before the suburbs and not the other way around.
Most state primary schools in Queensland are subject to catchment limitations, which means that if you are not in the area you can forget about getting your kids in that school.
It is a good idea buying close to a good educational centre and this is a trend not only for Australians but for many overseas buyers too. For example, Chinese buyers are very interested on the perceived value of living in proximity to quality schools and universities.
Multiple studies have demonstrated that there is more demand and higher prices recorded for properties in suburbs close to top-ranking schools than in other suburbs.
Brand new apartments near the University of Queensland in St Lucia, Brisbane Grammar School in Toowong or St Peter’s Lutheran College in Indooroopilly are highly sought-after properties for savvy real estate investors in Queensland. Following this trend and understanding that a good school can be a magnet for renters and buyers, makes a good idea for property investors to research and find information about the area and the best educational facilities close to the property.
This is a list of resources to understand which ones are the most valued schools and universities in Brisbane:
School Catchment Map.
In this website you can find all school catchment areas for primary and secondary public schools in Brisbane. Sometimes the difference between buying an apartment across the street or not, could mean to be outside of the catchment area for an excellent school. Check this map before you make your decision. School Catchment Map
Better Education
is a website that creates rankings for primary and secondary private and public schools based on their academic results. You can search by postcode and suburbs and it is very useful to define the educational quality of a specific area. Better Education
Times Higher Education World University Rankings.
This is the list of the best universities in the world. It’s constantly actualised and parents and students around the world take interest in this list before choosing an alma mater. Especially important for overseas students. THE World University Rankings
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