How Much is My Home Worth? – Wollongong

When determining how much a home is worth, there are a lot of factors to consider. One of the most influence actors is the amount of educational opportunities that the area that the house is in has to offer. For most parents, or for those hoping to become parents at some point, having respected educational opportunities nearby is a big deal. Having these, provides families with the opportunities to send their children to the best school for them as opposed to the only school in the area. How much a home is worth is very much influenced by these opportunities, as well as additional educational and learning opportunities that can be found outside of the classroom.

For residents in Wollongong they benefit a great deal because of the many educational opportunities that city has.  Home to a number of denominational, independent, and public primary and high schools, the city of Wollongong has become known for the educational options that it offers students, including having several specialist high schools throughout the city, some of the most notable being: Wollongong High School of the Performing Arts, Smith’s Hill High School, The Illawarra Grammar School, The Illawarra Sports High School, Edmund Rice College, as well as Illawarra Christian School, and St. Mary Star of the Sea College.

In terms of post-secondary institutions, the city is home to one campus of the Illawarra Institute of TAFE, as well as the University of Wollongong, which was awarded the, “Australian University of the Year” for two years straight (1999 – 2001).  The University of Wollongong has also become increasingly popular internationally, and has had increasing numbers of international students attending over the last few years.

In addition to the number of educational institutions that the city of Wollongong is home to, the city is also home to several cultural institutions that help to further people’s education outside of the classroom, including performing art centers, galleries, showrooms, design studios and more. One of the reasons that there is such a demand for real estate close to schools and in urban settings such as the core of Wollongong, is that children and adults alike are provided the opportunity to go to, volunteer at, or simply experience additional educational and intellectual events such as these, bringing the learning alive and out of the classroom.

How much homes in cities like Wollongong are worth are increased because of these wonderful opportunities that these institutions bring. That said, it is not only in the classroom opportunities brought by these educational institutions that increase how much homes are worth. With each educational institution comes a multitude of jobs, and opportunities and for most people, job opportunities are perhaps the only factor that ranks higher than educational opportunities when deciding where to live.

How much homes in Wollongong are worth depends on several things, and many of those, like the educational opportunities overflow into other factors such as employment and cultural opportunities. Cities like Wollongong that have so many opportunities are in higher demand for real estate, and generally have properties selling for much more than they would if located further away from these chances. If you are trying to figure out how much your home is worth, take a look at the educational factors nearby, and consider and they influence other deciding factors. Odds are that if you live close to a number of schools, like the residents of Wollongong do, the answer to your question of, “How much is my home worth?” will be noticeably higher than if you were live somewhere else.


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