Investing in Melbourne's school zones for house price growth

What is a school zone area?

A school zone area is a defined area typically around a state school, where you must live to have your children automatically enrolled.

If you are outside the zoned area of a school, you can still apply to go there - you are just not guaranteed a place. Your child will go on a waiting list, and you may even need to attend an interview to justify them attending the school.

Buying a property in a school zone area

Particular postcodes are not guaranteed to perform because of a school. Schools change their zoned areas periodically - called rezoning - to keep a handle on numbers. This could in turn negatively impact property prices.

Where are Melbourne’s most sought-after school zones

Some families are willing to pay a significant price premium to be located within some primary and secondary school zones.

Some of the most in-demand school zones for Melbourne include:

• Balwyn High School
• Box Hill High School
• Glen Waverley Secondary School
• University High School
• McKinnon Secondary College
• East Doncaster Secondary College
• Mount Waverley Secondary College
• Brighton Secondary College
• Frankston High School

How do school zones areas affect property prices?

When choosing a location for living or investing, it’s wise to consider the long-term impact of education. Whether you’re starting a family, already have school-aged children, or seeking tenants for a stable and prosperous investment, taking school zones into account can provide distinct advantages when selecting sought-after suburbs.

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