Housing investment tip: Clayton today, Berwick tomorrow

If you didn’t already think property prices in Clayton were always on the upward scale, thanks only in part to Monash University, now watch out for parents who have to worry about high schools as well.

By 2010, the John Monash Science School, will host 650 year 10 to 12 students, right on the Clayton campus.

Its no secret that housing prices in neighbourhoods like Glen Waverly and Doncaster are jacked up thanks to the beautiful schooling system that they offer. Consistently gearing in top grades, over-achieving parents will do anything to have their kids there.

Next up: Berwick. Property prices are still cheap(er) there, I say, it’ll be on the upward trend, come 5 years. Still plenty of opportunity there for even paltry sums of $250,000.

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2 Comments so far

  1. Wills (unregistered) on August 14th, 2007 @ 12:28 pm

    Don’t think the new school in Clayton will affect the prices that much as it’s a selective school. Entry will be based on academic performance, not whether or not the children live within the zone.

  2. colin (unregistered) on August 14th, 2007 @ 6:47 pm

    Yes, so nearby schools - glen waverly, doncaster - that are academically sound will lose students to Clayton

    The same people that go to such schools have parents that want to ensure their kids are well educated, and have possibly no life ;)

    So, what exact zone can I get, that I can study in either glen waverly/doncaster, ensure smartness, and full entry into monash’s high school?

    I’m thinking Clayton/Glen Waverly area will see rises in house prices, that mark say, the increase as seen in Doncaster recently


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