Skye
3977 VIC
Skye, VIC 3977 has a population of 8,088 with a diverse range of age groups, from young children to seniors. The suburb offers various commuting options, with a notable percentage working from home. The predominant occupations include Technicians and Tradesworkers, Professionals, and Managers. The suburb has a median household income above the national average and a low social housing ratio.
Skye presents investment opportunities in both houses and units. For house investors, the suburb shows stable growth, low vacancy rates, and moderate rental yields. With a high demand for renting out rooms, there is potential for additional rental income. For unit investors, despite a slight decrease in median growth, the suburb indicates high building approval values and an increasing rented ratio, suggesting a growing market for unit investments.
Skye, VIC 3977 offers a balanced lifestyle with good infrastructure, educational opportunities, and a mix of demographic groups. The suburb has investment potential in both houses and units, with steady growth trends and favourable rental market conditions.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Skye houses.
Median Price
$840k
# Sales
128
12M Growth
6.8%
10Y Ave Growth
6.7%
Why Buyers Look Here
Owner occupier appeal — 80% owner-occupied — strong community stability and pride of ownership.
Proven growth — 6.7% average annual growth over 10 years.
Tight supply — Only 1.6% of stock on market — limited turnover supports price growth.
Capital Growth
Pricing and long-term growth profile for Skye houses.
Median Price
$840k
# Sales
128
12M Growth
6.8%
10Y Ave Growth
6.7%
Rental Market
Yield, rental pricing and vacancy performance for Skye houses.
Weekly Rent
$650
Rental Yield
4.1%
Vacancy Rate
2.0%
Rentals Last 12M
98
Supply & Demand
Stock levels, days on market and selling conditions for Skye.
Stock on Market
1.6%
Days on Market
5
Building Approvals
1.7%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Skye.
Population
8,088
Owner Occupiers
80%
Median Income
$104k
IRSAD Rank
46
Recent Sales
Recently sold properties in Skye.
No image available
Sold Apr 2030
House
15 Narelle Court
Skye · 577 m²
$443k
422
No image available
Sold Apr 2028
House
10 Postregna Way
Skye · 610 m²
$433k
424
No image available
Sold Apr 2027
House
4 Flying Star Walk
Skye · 580 m²
$342k
322
Sold Mar 2026
House
25 Delatite Way
Skye · 583 m²
$827k
322
8 days on market
Sold Mar 2026
House
64 Rangeview Drive
Skye · 598 m²
$815k
322
3 days on market
