This house fell short of $1m — was a school zone change to blame?

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Real estate agents in Adelaide's inner west are preparing for house prices to take a hit in the wake of controversial changes to the catchment zone for two public high schools.

 

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fakenews it was advertised in the $800k’s!

TheirABC No, LGBTI activists shouting 'penis tucking and breast binding' is the blame.

Noise from the Seaford line scared off potential buyers

Or was it not worth it?

Soon having a house near a public school will significantly reduce its worth.

Dear , why are you doing Domaincomau stories?

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'Pure anger': School zone changes have parents worried about property pricesParents and real estate industry experts fear property prices could fall in suburbs moved out of the zones for two of Adelaide's most sought after public schools. ...so the parents are not worried about the fraud in the banking system, and banks spewing out 1.5 trillion in mortgage debt then ? It'll probably happen in Box Hill & Glen Waverley n Melbourne soon. Prices of property for sale/rent are astronomical in those High School zones, with schools already at capacity. Other schools in the area with lower student to teacher ratio & just as good results are overlooked State schools are *not* free. The admission price is payable to established owners of property in LOCATIONS served by those schools. The better the school, the higher the price. What the taxpayer giveth, the landlord or vendor taketh away.
Source: abcnews - 🏆 5. / 83 Read more »

School zones set to be redrawn in move that may concern parentsEvery Victorian state school zone is being reviewed, with some boundaries set to be redrawn in a move likely to concern parents who have purchased expensive homes in sought-after enrolment catchments. Having enrolment boundaries will confuse parents? Are people in Victoria all imbeciles? Here’s a sensible move to reduce serious inequity across our school system, but expresses its concern for “parents who have purchased expensive homes in sought-after enrolment catchments” Domain Hey this photo is from APC? I'd recognise those socks anywhere
Source: theage - 🏆 8. / 77 Read more »