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    Default False economy?

    Just looking at schools ( dd not even 1 yet). Just wondering if I'm crazy, is it a false economy to say spend 100k more on a house to be in a catchment area or would that be better spent on private education?
    We are looking at more that 1 child so over 7 years of schooling it's not too bad

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    No way. A house is an asset. If
    I had the choice I would absolutely buy a house in the catchment of a great public school.

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    We did this, so totally worth it in my opinion.

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    Yep we moved to be in a great catchment zone, totally worth it!

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    If your DD is only 1, the only thing I would be very very careful of is being as close to the school as possible. In 10 years the catchment could be far smaller or even just slightly different borders than it is currently. But otherwise I think it's a great investment.

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    What is wrong with the school you're in the catchment for now?

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    Quote Originally Posted by BigRedV View Post
    What is wrong with the school you're in the catchment for now?
    It's the place not the school only small 2 bed unit lol I wish love the location.
    It's for primary ( in catchment for high school in all our preferred suburbs) so only have a few years

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    The local high school in the area we just bought is hopeless. But gutted about that! Will need to start saving for private school fees now as we don't plan on moving again for quite some time. We would still have bought the house though. We wouldn't afford the size of house we needed within the catchment of the good public high school.

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    Quote Originally Posted by kw123 View Post
    The local high school in the area we just bought is hopeless. But gutted about that! Will need to start saving for private school fees now as we don't plan on moving again for quite some time. We would still have bought the house though. We wouldn't afford the size of house we needed within the catchment of the good public high school.
    I don't know how old your kids are, but a lot can change in a short time.

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    Atropos  (07-03-2014),LoveLivesHere  (07-03-2014)

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    I have seen a horrible school high that you wouldn't send your dog too. Change to be a school people are moving to fall in the catchment area in only 5 years. The principal's attitude really makes a difference.

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    Atropos  (07-03-2014)


 

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