Private school costs in NSW to reach $800,000 over 13 years
Thirteen years at a top Sydney private school could cost $800,000 if annual fees rise 5%.
King's School in North Parramatta raised year 12 fees by 4.8% to surpass $50,000, before lunch and technology costs. A parent sending a child to kindergarten at King's in 2027 and factoring 5% annual increases will spend about $790,000 by year 12 in 2039.
Scots is already charging $52,000 for years 7 to 10. Schools say rising teacher wages drive fees, with some also citing cybersecurity and campus upgrades.
At least 20 high-fee Sydney schools raised fees by 6% or more last year, with some increasing by 8.8%. Financial advisers now counsel parents to budget for 5 to 8% annual increases and save $1,500 to $3,000 monthly from birth.
- $94,066
- Year 12 fee in 2039
- At least 20
- Schools with 6%+ fee rises
- North Parramatta
- King's School location
- $1,500 to $3,000
- Monthly savings recommended
Why it mattersFamilies face mounting costs, but demand remains strong as parents fear AI will disrupt job prospects. Schools must balance growth with sustainable fee levels.
AustraliaNSW private school families face rising out-of-pocket costs that may force refinancing mortgages or contributions from grandparents; demand pressure is driven partly by Australian parental fears about future employment.
Corroborated bytheage.com.au·watoday.com.au
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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