I think as you go to the outer suburbs Catholic schools are more often regarded as better then some of the local state schools. But if you live closer to town it is often the opposite...or at least you don't hear anywhere near the same amount of discussion about people pretending to be religious and/or supportive to get their children into a Catholic school as many of the state primary schools are equal or better. Buying in the right state school catchment is more the talk of the day. Of course you can find good state (and catholic) schools dotted all around Brisbane so I'm just talking generally, not in absolutes.
Often budget obviously dictates where you live, or preferred house style/amenities so sometimes your choice of school is limited by that. But if you just want to know the schools/area's we hear most often as the top schools based on NAPLAN (which as you know isn't the be all and end all) then I would say the state schools around Bardon (Rainworth), Chapel Hill, Ashgrove, Ascot/Clayfield, St Lucia (Ironside) etc are the schools I hear about most often though I do now live in the area so this would slant my perception a little. All of these are very lovely family suburbs but on the high budget side. Of course there are many more good schools and suburbs as this is a just a subset of the top. I've heard positive feedback about the state primary school(s) around graceville/sherwood as well.
Edit: I have just noticed your "$700,000 or less" heading. All the area's I mentioned have houses in that bracket but in some you would have to look/negotiate harder to find the right house as you would be at the lower end of the prices. Do you have to have 4 bedrooms?
These could sell near 700 or below after offers.
http://www.realestate.com.au/property-house-qld-chapel hill-112089803
http://www.realestate.com.au/property-house-qld-bardon-111961351
http://www.realestate.com.au/property-house-qld-ashgrove-111542451
http://www.realestate.com.au/property-house-qld-chapel hill-111969875
http://www.realestate.com.au/property-house-qld-chapel hill-112164547
Of course if you prefer new houses over character homes you could buy a big rendered house in the outer suburbs for that price or lower if you don't want to live in the most expensive areas. Like I mentioned there are plenty of good schools dotted about.
Last edited: Nov 29, 2012