Market snapshot
Suburb insights for Skye3977
Change suburbSkye is located 39 km south-east of the CBD. Located in the fringe southern suburbs of Melbourne Skye is a small but rapidly developing residential suburb. The suburb is comprised of families with more than three-quarters of the population aged 0-17 and 25-49. The suburb also features the Skye Golf Driving Range & Golf Course and the Skye Recreation Centre. Skye is expected to grow significantly in the future with large tracts of land reserved for residential development in its northern parts.
Sales data
Median sale price
$821k
Quarterly price change
2.8%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Skye | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $735,000 | $815,000 |
| 4 | $826,000 | $950,000 |
| Insight | Skye | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 23 | 39 |
Rental data
Median weekly rent
$625
Rental yield
4.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Skye | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $600 | $550 |
| 4 | $660 | $600 |
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