School proximity not that important - even for family home buyers: Aussie survey
The proximity to schools is not as key factor in buying family homes as previously thought, according to a recent survey undertaken for Aussie, the home loans broker.
The survey of 2,400 respondents shows that the number of bedrooms, and the size of a property were the most important when it comes to family purchases, followed by off-street parking and affordability.
Aussie boss John Symond has noted the survey showed that off-site factors like proximity to schools and public transport were not as important in buying considerations as many commentators thought, myself included.
"Buyers are showing preference for the attributes of the property itself for families," he said.
"A logical conclusion to be drawn from the survey is that people are prepared to travel longer distances to work and schools, with the features of the house or apartment now the top priority for families," he added.
Rank | Top 15 Factors - Family growth |
1 | Number of bedrooms |
2 | Overall size of block |
3 | Garage / off street parking |
4 | Affordability |
5 | Size of back yard |
6 | Number of bathrooms |
7 | Construction |
8 | Capital Growth |
9 | Neighbourhood - Family friendly |
10 | Number of parking spaces |
11 | Proximity to - Public transport |
12 | Proximity to - Primary school |
13 | Proximity to - Work |
14 | Entertainment area - External |
15 | Entertainment area - Internal |
Source RP Data/Aussie Home Loans survey
