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Homes in Melbourne school zones sell for $54,300 more on average, with values rising 129% over five years.
Homes in Melbourne’s school catchment areas, especially near top public schools like Princes Hill and Glen Waverley, sell for an average of $54,300 more than nearby homes outside zones.
Over five years, property values within zones rose 129%, slightly outpacing the 124% increase outside.
Experts say improving schools in less affluent areas could ease housing pressure and boost parental confidence.
The Victorian Department of Education says school zones are based on student need and enrolment, not property prices, and that all children have the right to attend their local school regardless of location.
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Las casas en las zonas escolares de Melbourne se venden por $ 54,300 más en promedio, con valores que aumentan un 129% durante cinco años.