The impact of educational institutions on housing prices: a case study of Killara High School

Geyer, B; Runeson, G

The impact of educational institutions on housing prices: a case study of Killara High School

Geyer, B Runeson, G

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Publisher:: The University of New South Wales
Publication Type:: Conference Proceeding
Citation:: Australasian Universities Building Educators Association (AUBEA), 37th International Conference: Proceedings, 2012, pp. 459 - 470
Issue Date:: 2012-01

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Field	Value	Language
dc.contributor.author	Geyer, B	en_US
dc.contributor.author	Runeson, G	en_US
dc.contributor.editor	Kumardeen, I	en_US
dc.contributor.editor	Newton, S	en_US
dc.contributor.editor	Lim, B	en_US
dc.contributor.editor	Loosemore, M	en_US
dc.date	2012-07-04	en_US
dc.date.issued	2012-01	en_US
dc.identifier.citation	Australasian Universities Building Educators Association (AUBEA), 37th International Conference: Proceedings, 2012, pp. 459 - 470	en_US
dc.identifier.isbn	978-0-646-58127-9	en_US
dc.identifier.uri	http://hdl.handle.net/10453/22570
dc.description.abstract	This paper quantifies the house price premium associated with a leading public school in Sydney, Australia, Killara High School. Using the boundary discontinuity method this study compares sales data from properties on either side of a local enrolment boundary that divides a suburb in two equal parts. This controls for the effects of neighbourhood characteristics. Using a Hedonic index allows for a micro approach to investigating the impact of the school on house prices and finds, that for the suburb under study, homes located within the enrolment area are worth approximately 17.6% more than homes located just outside the boundary. The paper also explores the impact of the school's policy on out-of-area enrolment and the awareness and willingness of parents to pay for their children's education through house price premiums.	en_US
dc.publisher	The University of New South Wales	en_US
dc.relation.ispartof	Australasian Universities Building Educators Association (AUBEA), 37th International Conference: Proceedings	en_US
dc.relation.ispartof	Australian Universities Building Education Association Annual Conference	en_US
dc.title	The impact of educational institutions on housing prices: a case study of Killara High School	en_US
dc.type	Conference Proceeding
utslib.location	Sydney, Australia	en_US
utslib.location.activity	Sydney, Australia	en_US
utslib.for	1205 Urban and Regional Planning	en_US
dc.location.activity	Sydney, Australia	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.finish-date	2012-07-06	en_US
pubs.place-of-publication	Sydney, Australia	en_US
pubs.start-date	2012-07-04	en_US

Abstract:

This paper quantifies the house price premium associated with a leading public school in Sydney, Australia, Killara High School. Using the boundary discontinuity method this study compares sales data from properties on either side of a local enrolment boundary that divides a suburb in two equal parts. This controls for the effects of neighbourhood characteristics. Using a Hedonic index allows for a micro approach to investigating the impact of the school on house prices and finds, that for the suburb under study, homes located within the enrolment area are worth approximately 17.6% more than homes located just outside the boundary. The paper also explores the impact of the school's policy on out-of-area enrolment and the awareness and willingness of parents to pay for their children's education through house price premiums.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/22570