Posted by admin on 29 July 2011
Last weekend marked the 90th birthday of our local high school and on behalf of all local real estate agents we owe you a big thankyou! The respect Brisbane State High has earned as an outstanding education facility has led to its neighbourhood’s real estate increasing in price. Without any doubt.
We’ve just sold a house nearby and the Brisbane State High catchment was a crucial drawcard for more than half the buyer enquiry we received. Familes from as far afield as Aspley made the drive to Highgate Hill in the hope of securing a home, and importantly an address that is inside the line on the map. And this is a common story.
If you’re a Highgate Hill real estate agent, a South Brisbane real estate agent, a West End real estate agent, or even an agent handling those parts of Woolloongabba real estate that are within the catchment, you owe the school a huge thankyou. Local home owners who’ve sent their kids to BSHS have had the double-benefit: a great school and solid home prices.
Tags: Brisbane house prices, Brisbane State High School, Brisbane State High School Catchment, Highgate Hill real estate agents, South Brisbane real estate agents, West End real estate agents, Woolloongabba real estate agents
Posted in Highgate Hill, South Brisbane and South Bank, West End, Woolloongabba | No Comments »
Posted by admin on 4 June 2010
It’s a big question for families looking to buy in Brisbane’s inner south side suburbs and of course not so important for singles and couples without children. The chance of being able to send your child/children to a GPS school without it costing you thousands or even tens of thousands a year is enough motivation for families to move. While West End, Highgate Hill and South Brisbane exist entirely within the catchment, Woolloongabba only has about a third of its geographical area inside the BSHS boundaries but the suburb’s homes can often be a more affordable option. With a 2009 median average of $555,000 it was $100,000 cheaper than Highgate Hill and West End at that time.
The basic guideline for Woolloongabba is that anything west of the South East Freeway is in the catchment, while anything on the east side is out. Of course it couldn’t be quite that simple and there are three streets that are an exception to the rule. These are Carl St, Regent St and Cornwall St. Before making any house purchases we would recommend you check the BSHS web site.
Tags: Brisbane house prices, Brisbane State High School, BSHS, Buranda Brisbane, buying in woolloongabba, Carl Street Woolloongabba, Cornwall Street Woolloongabba, Gabba Central, Regent Street Woolloongabba, South East Freeway
Posted in Highgate Hill, South Brisbane and South Bank, West End, Woolloongabba | No Comments »
Posted by admin on 10 June 2009
Brisbane State High School
If you want great schooling for your kids but don’t want to pay the private school fees then you’re probably one of the future Brisbane State High School parents who wants to know exactly where the catchment area is before you put money down on your next home. Yes, it’s a regular question we’re asked at our Open Homes on Saturdays.
If you’re looking in West End, Highgate Hill, South Bank, South Brisbane and Dutton Park you’re safe, but you’d want to double check the map if you’re looking around Buranda or Woolloongabba. You can print the map from their website which shows the boundaries and take it with you when you’re out doing the rounds.
Tags: Brisbane State High School, Brisbane State High School Catchment, Dutton Park Brisbane, Open Homes
Posted in Dutton Park, Highgate Hill, South Brisbane and South Bank, West End, Woolloongabba, real estate marketing | 1 Comment »
Posted by Rob Honeycombe on 1 August 2007
This last weekend saw yet another scurry of buyers attempting to secure a newly listed house that’s close to a well-respected public school. This inner-south family home is walking distance to a local state primary school that’s recognised for its quality of education, and the house sold at its first open. Public schools have a catchment area across surrounding suburbs so your choice of address affects your choice of free education options. And in a trend that seems to be gaining momentum, homes close to “better” public schools are achieving premium prices.
Brisbane State High School has long been sought-after and local real estate ads regularly quote “BSHS catchment”, sometimes listed ahead of other features like pools! With the cost of private schools often over $10,000 per year it’s no surprise parents are looking at their options.
So how much will a doting mum and dad pay in extra house price to secure their kids a great education? One study from an Australian National University economist says the answer’s $13,000, in Canberra at least. Assessing house prices in proximity of that city’s public schools they found a 5 point increase in the year 12 scores would show a 3.5% higher house price. They also found 10 studies from the UK and USA that support this measure so the relationship is not unique to Australia.
So across many inner Brisbane suburbs this 3.5% would represent closer to $20,000 and higher again if you only consider homes large enough to house a family. Many of our inner city schools have forged strong followings amongst the mums and dads and Ironside State School at St Lucia is one of them. We once managed a property on Swann Road where a family rented a 3 bedroom apartment just to be inside a line on Ironside’s map. And in the more than 18 months they “lived” there we never saw them.
Of course if you don’t live in your favourite school’s catchment area you can still wait-list Johnnie and Mary’s names on the enrolment list. But you’d better buy plenty of fudge at the school fete if you’re going to get them bumped up ahead of the locals!
Tags: Brisbane house prices, Brisbane State High School, UK, USA
Posted in Brisbane's sales market, real estate marketing, trends in Brisbane property | 1 Comment »
