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AAP
AAP
Business
Allanah Sciberras

Families paying premiums for school catchment zones

Being near a good school does not exactly translate to higher house prices, property data shows. (Tracey Nearmy/AAP PHOTOS)

Families are paying up to $1.3 million more to live in top public school catchments in major cities, but those premiums don't always deliver stronger long-term capital growth, data reveals. 

Analysis from property platform Cotality shows buyers are willing to pay significantly more to access high-performing schools, even though comparable homes just outside the catchment often deliver better capital gains.

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