Queensland’s top schools ring bells for home buyers
A rapid population boom across South East Queensland is seeing parents flock to areas where developments are being built in sought-after school catchment areas.
Across the Brisbane and Gold Coast area, schools are starting to expand their education offerings, adding world-class facilities to cater for a surge in enrollments, and property buyers are taking notice.
Homes within the catchment areas of the South-East’s top schools are in hot demand and are predicted to increase in value as parents seek the best education opportunities for their children.
At the centre of the Gold Coast, Robina is known for its proximity to some of the most well respected schools and universities in the city – and in some cases, the country.
Robina Group development manager Darrell Irwin said their latest masterplanned residential community, the $170 million Vue Terrace Homes, was at the heart of Robina’s education and transport hub, making it an ideal location for students and families.
“One of Australia’s leading and most prestigious private universities, Bond University, is a seven-minute drive or bus trip from Vue Terrace Homes, and Bond’s Institute of Health and Sport is located right across the road from Vue,” Mr Irwin said.
“Robina’s Somerset College is the Gold Coast’s highest OP ranking school and we field a huge amount of interest from parents wanting to live and work in Robina to be close to this prestigious school.
“All Saints Anglican School is also of the Gold Coast’s most elite and top-performing private schools, both All Saints and Somerset are less than 10 minutes away by car.
“Vue Terrace Homes is a short walk or bike ride to Robina State High School, and a five-minute drive to Robina State School, so residents are also inside the catchment areas of two fantastic local public schools.
“As well as fantastic schools and a university, Robina offers immense lifestyle benefits for families including a connected matrix of parklands, waterways, cycle and walking paths and a huge range of shopping, dining and entertainment options.”
The State’s capital is also recording an influx of interest from property buyers within the catchment areas of the best schools. Brisbane’s Bellbird Park State Secondary College, a new education facility at Brentwood Forest – one of the top 10 fastest growing suburbs in southeast Queensland – is opening two new buildings and welcoming a Year 9 cohort this year.
Bellbird Park State Secondary College principal Michael West said this year – its third year of operation – the school was expecting more than 300 new students.
“We have been overwhelmed with enrolment inquiries for 2019 and this can be attributed to our strong reputation in the community and our vision of ensuring that all students grow each year,” Mr West said.
“To help cater for our increase in enrolments, we are excited to offer a range of new facilities to students, including a sports hall, performing arts auditorium, science labs and applied technology rooms.”
The college is located within Brentwood Forest masterplanned community, where a large contingent of families moving to the area has contributed to the peak in enrolments at the school.
In-demand schools such as Mansfield State High, Indooroopilly State High, Ironside State School, Mt Gravatt State High and Graceville State School are currently under Education Queensland catchment management plans — which is introduced when a school nears its capacity.
The State Government released new school catchment maps last year, with major changes to the zone for Queensland’s top ranked public high school — Brisbane State High — where more than half of all students Year 12 received OP1s last year.
With ever-increasing importance being placed on education quality and a rapidly growing population, this trend of selecting a home close to the best schools and universities looks set to continue.
Queensland property market showing no signs of slowing down
Homes in South-East Queensland are still hot property, particularly the lifestyle markets of the Gold and Sunshine coasts, which look set to buck national trends and increase in value over the coming years. Moody Analytics predicts a 2.2 per cent increase in 2019 followed by an increase of 3.6 per cent in 2020 and BIS Oxford Economics forecasts growth of 9.4 per cent over the four years 2017-2020.