Most parents willing to pay premium to live in top catchment areas
Original Article Summary
Potential financial and emotional strains don't stop three-quarters of parents considering paying a premium to live close to top schools
PropMatch Curated Analysis
Parents are willing to pay 15% property premiums for top school catchments, but actual premiums average 42%, while new VAT on private school fees is increasing competition for state school places.
Investor Relevance
Critical for acquisition strategy and rental pricing - properties near top schools command significant premiums and stronger tenant demand, particularly as private school VAT changes drive more families into state sector competition.
Original Source:
Property Industry EyeStay Updated
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