New secondary college leads Melbourne school zones earning six-figure premiums

Date: 26 Jan 19

A new secondary school zone has shot to the top of the class to earn the highest property premium in Melbourne. See which catchments parents are paying big bucks to buy into.

A new secondary school zone has shot to the top of the class to earn the highest property premium in Melbourne.

The typical house in the catchment for Beaumaris Secondary College — which accepted its first students last year and offers Melbourne Cricket Club-backed sporting facilities — is fetching $1,622,500.

This is $412,500 more than a median-priced house in the 1km radius around the zone, according to Real Estate Institute of Victoria figures released on the brink of the new school year.

Click here to read the full article.