Hi FeiHong,
buying a property within a good school zone is a plus, when the market is down....those property at school zone is maintained. There is always a demand to get into good school. FSH still has potential to provide better result, (may be in 10 years time this school will be listed top 5 public school in Vic)we just need a few smarts students to boost up the reputation then the demand will come naturally and the property price will go up.
I have a property at WA's top public High school zone and till today, the price is still maintain (in view of Perth current market). We paid premium for this house, the house next street which is not in the school zone is about 50K cheaper during that time when we did the purchase. We have no regret to pay for this extra premium.
This is one of the reasons why,i bought that IP. your unit is much nearer to beach. You have the both of 2 world. Good school and water.
Let's hope the rental yield is getting better each year while waiting for CG.
cheers,
buying a property within a good school zone is a plus, when the market is down....those property at school zone is maintained. There is always a demand to get into good school. FSH still has potential to provide better result, (may be in 10 years time this school will be listed top 5 public school in Vic)we just need a few smarts students to boost up the reputation then the demand will come naturally and the property price will go up.
I have a property at WA's top public High school zone and till today, the price is still maintain (in view of Perth current market). We paid premium for this house, the house next street which is not in the school zone is about 50K cheaper during that time when we did the purchase. We have no regret to pay for this extra premium.
This is one of the reasons why,i bought that IP. your unit is much nearer to beach. You have the both of 2 world. Good school and water.
Let's hope the rental yield is getting better each year while waiting for CG.
cheers,