Considering the substantial annual fees of up to $28,230 per child that elite private schools in Brisbane are charging, it’s no surprise that there’s a strong demand for high-performing public schools.
In this article, I’m going to delve into Brisbane’s top 10 school zones. My goal is to understand why these areas are experiencing such a high demand for housing and what factors are driving people to pay premium prices for rentals or real estate purchases in these neighborhoods.
Based on the 2023 School Zones Report by Domain Group, it’s interesting to note that the most sought-after school catchment areas are spread throughout both inner, middle, and outer suburbs, offering a variety of price points. What stands out is that there seems to be a dominance of more affordable options in the outer suburbs on the list.
Brisbane’s suburbs for secondary school
| No | Suburb | School Name | Median Property Price | YoY |
| 1 | Tamborine | Tamborine SHS | $910k | + 37.9% |
| 2 | Beaudesert | Beaudesert SHS | $570k | + 32.6% |
| 3 | Woodridge | Woodridge SHS | $450k | +32.4% |
| 4 | Beenleigh | Beenleigh SHS | $496k | +28.8% |
| 5 | Marsden | Marsden SHS | $550k | + 27.9% |
| 6 | Browns Plains | Browns Plains SHS | $620k | +27.8% |
| 7 | Morayfield | Morayfield SHS | $580k | +27.8% |
| 8 | Springfield Central | Springfield Central SHS | $670k | +27.6% |
| 9 | Burpengary | Burpengary SHS` | $740k | +27.3% |
| 10 | Balmoral | Balmoral SHS | $1.26m | +27.30% |
*Schools are ranked by the annual house price growth of the school catchment.
Median: This is the middle sale price of the total number of houses sold within the school catchment over the 12-months to July 2021.
YoY: This is the annual change in the median house price within a school catchment. It compares the median sale price from August 2020 – July 2021 to the median sale price from August 2019 – July 2020.
Source: Domain, Powered by APM
Over the past 12 months leading up to July 2021, it’s fascinating to observe the catchment areas that have experienced the most significant surge in median house prices. Notably, the area surrounding Tamborine Mountain State High School, located approximately 80km south of Brisbane, has witnessed the largest increase. House prices in this zone skyrocketed by an impressive 37.9%, resulting in a new median price of $910,000.
Another noteworthy contender is the catchment zone of Beaudesert State High School, which closely followed with a remarkable 32.6% price surge, leading to a new median of $570,000 for houses in the vicinity.
Equally impressive is the performance of houses within the Woodridge State High School catchment area. This zone saw a substantial 32.4% increase in house prices, resulting in a fresh median price of $450,000. This achievement secures its position in third place within the top 10 list of catchment areas with the highest price appreciation.
Brisbane’s suburb for primary schools
Among Brisbane’s primary schools, I’ve noticed some impressive trends in the data. For instance, houses situated within the catchment zone of Walloon State School saw an astonishing price surge of 43.9% during the 12 months leading up to July 2022. This is truly remarkable.
As a result of this increase, the suburb’s median price has now reached $626,000, reflecting the substantial demand in the area. Another interesting finding is that the catchment area encompassing Canungra State School takes second place on the list. The houses within this zone command a higher median price of $950,000, indicating its popularity and premium status within the market.
Brisbane’s suburb for primary schools
| No | Suburb | School Name | Median Property Price | YoY |
| 1 | Walloon | Walloon SS | $626k | +43.9% |
| 2 | Canaungra | Canaungra SS | $950k | + 42.9% |
| 3 | Wacol | Wacol SS | $507k | +35.2% |
| 4 | Sadliers Crossing | Blaire SS | $535k | +35.0% |
| 5 | Acacia Ridge | Acacia Ridge SS | $650k | + 34.7% |
| 6 | Lutwyche | Wooloowin SS | $1.385m | +34.5% |
| 7 | Park Ridge | Park Ridge SS | $932k | +34.1% |
| 8 | Seven Hills | Seven Hills SS | $1.36m | +33.9% |
| 9 | Logan Reserve | Logan Reserve SS | $612k | +32.9% |
| 10 | Gleneagle | Gleneagle SS | $655m | +32.3% |
OK then … let’s just buy in these suburbs.
The incredible price hikes we’re seeing in these emerging areas might seem like a golden investment opportunity at first glance. However, when I look closely, I realize that these rapid increases in property prices might not necessarily mean they’re the best places to invest. There are a few reasons behind this that I’ve thought about:
Considering all these factors, it’s clear that the allure of price surges should be approached with caution. Rushing into investments without careful consideration might lead to undesirable outcomes. I believe it’s crucial to take a step back, conduct thorough research, seek advice from experts, and ensure that any investment aligns with your long-term goals and capabilities.
If you’re seeking personalized guidance to navigate these investment decisions effectively, I’m here to help. My name is Anna Khandhar, and you can reach me at 0424164980. Feel free to get in touch so we can discuss your investment aspirations and chart a path that’s right for you. Your financial future deserves careful planning, and I’m here to assist you every step of the way.
Regards
Anna Khandhar
Lyra Homes Pty Ltd
0424 164 980