Inner City Sydney schools with the wealthiest schools
Data analysis reveals the wealthiest schools in inner city Sydney, with some schools making up to $230 million over three years. It also reveals the schools which come at the highest cost to parents.
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Inner Sydney schools are making hundreds of thousands of dollars every few years, new data analysis reveals.
Sydney Grammar School, with 1876 students in 2017, is the richest school in the region, raking in a $230.1 million gross income over three years.
The Darlinghurst school also has the highest school fees in the inner city region, costing parents a massive $37,166 per year.
The region’s second richest school was The Scots College, in Bellevue Hill, which had a gross income of $200.7 million and the third highest gross income was Trinity Grammar School in Darlinghurst, which made $197.1 million.
While an inner city high school with just 115 enrolments in 2017, Macquarie Grammar School, had the second highest average costs to parents at $36,470.
The 1146-student strong Ascham School, was the third most expensive school, costing parents an average of $35,089.
Chief Executive Officer of the Association of Independent Schools NSW Dr Geoff Newcombe AM, said: “All not-for-profit non-government schools educating students from higher socio-economic backgrounds receive much less government funding than the government schools in the same neighbourhood.”
“They must therefore charge fees to pay their staff (typically, 70 per cent of their operating costs) and fund their operation,” he said.
“School choice is a matter for parents, who make their own judgements about quality and value. Many independent schools have waiting lists for enrolment.”
“This is a reflection of how parents value the education provided by a particular school,” Dr Newcombe said.
St Andrew’s Cathedral Gawura School, St Andrew’s Cathedral Gawura School, had the lowest gross income of any school in the Inner City Sydney region.
It made $2.1 million over the three year period, serving only 20 students in 2017.
It is the indigenous arm of St Andrew’s Cathedral School, described as “a school within a school”.
REGION’S RICHEST SCHOOLS
Sydney Grammar School: $230.1 million
The Scots College: $200.7 million
Trinity Grammar School: $197.1 million
Newington College: $190.1 million
Cranbrook School: $159.2 million
Ascham School: $139.6 million
MLC School: $123.7 million
Presbyterian Ladies’ College Sydney: $122.4 million
St Andrew’s Cathedral School: $112.1 million
St Catherine’s School: $107.5 million
REGION’S POOREST SCHOOLS
St Andrew’s Cathedral Gawura School: $2.1 million
Plunkett Street Public School: $2.1 million
Australian Institute of Music: $2.9 million
Taverners Hill Infants School: $2.9 million
Yeo Park Infants School: $2 million
La Perouse Public School: $3.4 million
The Athena School: $4.4 million
St Peters Public School: $4.7 million
Russell Lea Public School: $5.5 million
Nicholson Street Public School: $5.5 million
REGION’S SCHOOLS THAT COST PARENTS THE MOST
Sydney Grammar School: $37,166
Macquarie Grammar School: $36,470
Ascham School: $35,089
Cranbrook School: $34,418
SCEGGS Darlinghurst: $31,329
Kambala: $30,611
The Scots College: $28,812
St Catherine’s School: $28,801
Presbyterian Ladies’ College Sydney: $27,238
St Andrew’s Cathedral School: $26,727