Brisbane woman Tamet estimates the value of her property plummeted one hundred thousand (Sydney Morning Herald)
A home in (South Brisbane), South Brisbane, Queensland, has been zoned out of the (Brisbane State High School) district of Brisbane's public high school, which homeowners estimate caused the value of the home to plummet by A $ one hundred thousand overnight.
According to the Sydney Morning Herald, Brisbane woman Tamet (Linda Taemets) revealed that she spent A $ eight hundred and forty thousand four years ago to buy a house in (Crown Street) on Crown Street, allowing her daughter and son-in-law to move in. It is hoped that this will guarantee their children to enrol in Brisbane public secondary school, one of the most famous local schools in the future.
However, according to the latest plan, the location of the property will be included in the campus of the new (Dutton Park) school in Darden Park.
"when we bought the house, we paid the price of the Brisbane public secondary school district," Tamet said. Now, with a stroke of government's pen, the value of the house we invest in has shrunk sharply. In the future, my grandchildren will not be able to enter the best schools. "
Increasing pressure from local residents has forced Queensland Education to extend the public consultation period for two weeks until Oct. 16, saying it will improve the transparency of the district's border adjustment. The Queensland Department of Education has also launched an interactive mapping tool that allows local owners to see if their homes belong to the Brisbane public secondary school district.
(Penny Panorea), a real estate agent, has been working for 20 years and has confirmed that if the property falls within the Brisbane public secondary school district, it does add at least 10 percent. Parents are willing to pay any price for wanting their children to enroll in Brisbane public secondary schools.