What is my House Worth – Adelaide
What a house is worth is based on multiple factors. For families one of the major factors is the quality of education available to residents, The city of Adelaide is home to many educational institutions, and provides it’s residents with the opportunity to attend some of the best schools and to work at some of the best research institutions in the nation.
The city of Adelaide consists of two school systems, the public and the private independent Catholic schools. What a house is worth is impacted by the amount of schools, and the quality of education that they offer. All of the schools, both boards included are run under The South Australian Certificate of Education (SACE), and the International Baccalaureate. Actually, the city of Adelaide has more IB schools than anywhere else in the country.
The city is also home to multiple post-secondary educational institutions. These include: three public Universities, as well as three constituent colleges of international Universities, and one private institution. Some of the most well known post-secondary institutions are: The University of Adelaide, The University of South Australia, Torrens University Australia, The Flinders University of South Australia, and Heinz College Australia.
Having so many educational institutions in one city is a huge attraction for many people, from families looking to provide their children the best education possible,to mature students looking to continue building upon their educational careers, to young professionals eager to make a name for themselves,, the educational opportunities alone increase what a house is worth greatly. That said, it is not only educational opportunities that having so many educational institutions brings to a city. With every school comes more opportunities for employment. These two factors alone make a city more appealing to live in for most home buyers than almost any other factors. What houses are worth very much depends on the educational and job opportunities that surround it.
For people looking to expand their knowledge further with even more post-secondary education, the city of Adelaide is unique in that it is home to several research institutions. Most of the organizations that are involved with these institutions are also generally located within Adelaide area. Some of the most highly recognized research institutions the city include: The Basil Hetzel Institute for Translational Health Research, The South Australian Health and Medical Research Institute, as well as Science Park, Research Park at Thebarton, and The Royal Institution of Australia. Many of these research institutions research engineering services, telecommunications, biotechnology, environmental services, industrial design, radar services, and health products. Working with local organizations allows for great opportunities for those working within the labs as well. Not only does the city offer amazing research opportunities to graduate and postgraduate students, but these research labs also provide additional employment opportunities for other residents.
If you are looking at moving to a new city it is necessary for you to take into account the two major factors of educational and employment opportunities, as these will greatly impact what your new home is worth, and what your home could be worth in the future, should the time come to sell. Although,
figuring out what your home is worth can be a tricky thing to do. However, by keeping factors such as education and employment in mind it is not too hard to make an educated guess as to how your city will do in regard to these two major factors. More specifically to living in the same city as these schools, living in a good proximity, to them, either in walking distance, a short drive, or an easy train ride will increase what your home is worth even more. Opportunities are wonderful, but being able to take advantage of them is even better.