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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Wed 22 Nov '23 with Rich Harvey Using Data & AI for Better Property Decisions
 
 
Thu 7 Sep '23 with Rich Harvey Northern Beaches Real Estate Outlook & Industry Trends
 
 
Thu 20 Jul '23 with Rich Harvey How Sales Agents Think
 
 
Thu 15 Jun '23 with Rich Harvey Auctions – The Inside Scoop
 
 
Fri 9 Jun '23 with Rich Harvey Financing Innovation & Building a Property Portfolio
 
 
Thu 25 May '23 with Amanda Jones Melbourne Property Insights
 

 

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Property advice, market updates & more

 

The school factor - why buying near good schools is a safe investment

January 6, 2014 / Written by Rich Harvey

 

Whether you're purely in it for the money or want to make sure that your family home offers a return beyond just housing, figuring out where to buy property in Australia often comes down to surroundings, or, more accurately, what amenities can be found near a home.

While everything from popular bars and restaurants to supermarkets and public transportation can make a difference, one of the perennial favourites for property buyers is scooping up real estate near a good school.

Good schools help property values

Some things never go out of style, and parents wanting to give their children a top education sits safely on that list. For this reason, property values near good schools are often higher than the average for a given area.

This not only means a higher return for investors, it represents a safe investment opportunity, as regardless of how the market performs, real estate near a highly sought after amenity like a good school will retain value.

Of course, buying property near a good school offers another benefit. If you live in the home, you will be able to guarantee your children access to high quality education.

Weighing pros and cons

Property buyers should be aware that the inherent value of real estate near good schools means it will likely be more expensive to purchase in the first place. While this may discourage some buyers, it's important to weigh the pros and cons.

If the goal is a quick turnaround, there may be better options on the market. However, if long-term capital growth and attracting potential renters are goals, buying property near top schools is among the best decisions an investor could make.

The Propertybuyer
Podcast

 
Wed 22 Nov '23
with Rich Harvey
Using Data & AI for Better Property Decisions
 
 
Thu 7 Sep '23
with Rich Harvey
Northern Beaches Real Estate Outlook & Industry Trends
 
 
Thu 20 Jul '23
with Rich Harvey
How Sales Agents Think
 
 
Thu 15 Jun '23
with Rich Harvey
Auctions – The Inside Scoop
 
 
Fri 9 Jun '23
with Rich Harvey
Financing Innovation & Building a Property Portfolio
 
 
Thu 25 May '23
with Amanda Jones
Melbourne Property Insights
 

 

Listen to many more
podcasts on our
Podcasts page.