School zones and property prices go together like Marmite and toast
Parents, pay attention. As we are approaching the release of this year's Naplan results mid-August to mid-September, looking at what schools are performing well is becoming an interesting task.
Getting into the property market on the Gold Coast has benefits en masse. And living in a catchment area for one of the Gold Coast's great schools might just help you achieve that sought-after lifestyle you've been dreaming about, while making sure your children are getting a great education that sets them up for all their future endeavours.
Nearly a year ago, the Gold Coast Bulletin reported on the rankings of the Naplan results, which conveniently summarised the exact schools that are doing particularly well. While anticipation for this year's results grows, let's take a look at the faring of schools in your area so far.
The big movers and overachievers
You might have heard of these schools in your casual conversations with friends, and the Gold Coast Bulletin confirmed that Somerset College, Emmanuel, All Saints, A. B. Paterson and Silkwood are top performers for the average year nine results across the region. And overall, both Somerset and Emmanuel College are in the top 10 across their overall scores (including three school grades).
Up-and-coming movers are Emmanuel College, Ormeau Woods State High School and Coomera Anglican College with each jumping anywhere between two and 16 places on the ladder. These are only some of the 40 secondary schools that partook in the tests, and they can shine a little light into the obvious growth of our glorious region.
If you are not quite ready to be thinking about secondary school options, don't fret – with over a million students taking the tests each year, according to the 2015 Naplan report, Queensland is performing fantastically in primary school level. Considering that between 93-96 per cent of year three students scored higher reading results than the national average, schools around the Gold Coast are looking quite attractive. Right up there in the ratings is Silkwood, whose students, according to their 2015 annual report, count as one of the big movers in the game as 100 per cent of their year three students were above the Australian average.
Making the most of your property investment
Taking into account the fact that the Gold Coast is growing at one of the country's fastest rate, the government is now also taking action to invest in developing more schools. That means that the top-achieving schools will be joined by two more primary schools in Coomera and Yarrabilba, costing a total of $100million according to an official statement.
In an official statement, Education Minister Kate Jones says a total of $155million will be put towards the future growth of quality education.
Taking inspiration from the government's recognition of this growth, you might also want to consider that data from the Real Estate Institute of Victoria (REIV) shows homes located in the catchment area of high-performing schools are rising in value within Melbourne, reporting a premium of up to $600,000 for houses in the desirable school zones.
At the Gold Coast, you can enjoy gloriously warm sun rays almost year round, escape the city buzz with a quick adventure road trip, or dive right into the vibrant nightlife. And as the region's not showing any signs of stopping its growth, you could take this chance to get ahead of the market and look at renting or buying a property near one of the region's accomplished schools and see its value rise with demand.
To have a chat about your next step in the property market, come see us at Ray White Surfers Paradise today.