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Skye
VIC, 3977 - Frankston

Thinking about buying in Skye? Now could not be a better time, with 3291 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $995,000 with prices in this suburb ranging from $388,000 to $7,680,000. Skye is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $449.07
Median Monthly Mortgage $1939.50
Median Persons Per Bedroom 0.81
Average Household Size 3.00
Average Age 37.50
Average Income $881.50
Average Cars Per Dwelling 2.23
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $1,086,000
2 Bed  $791,000
3 Bed  $891,000
4 Bed  $1,097,000
5 Bed  $1,312,000
6 Bed+$1,452,000

Skye Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Skye driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Skye ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Skye provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Skye requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Skye we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Skye a better buying opportunity than it may have been in the past.

Houses for sale Skye

Harcourts 34 BALINGA DR, SKYE, VIC, 3977 Beds6 Bathrooms2 Parking 2 $840,000 - $920,000
Ray White 45 RANGEVIEW DR, SKYE, VIC, 3977 Beds3 Bathrooms2 Parking 2 750000
Ray White 24 DIAMOND PDE, SKYE, VIC, 3977 Beds4 Bathrooms2 Parking 2 810000
Ray White 14 MARINDA DR, SKYE, VIC, 3977 Beds4 Bathrooms2 Parking 1 650000

Local Schools

Skye Primary School

Carrum Downs Secondary College

Rowellyn Park Primary School

Woodlands Primary School

Barton Primary School

Banyan Fields Primary School

Lyndhurst Primary School

St Joachim's School

(While the above schools are located with the suburb of Skye there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Skye weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.514.22546.186.82.422.2
May1.98.616.855.990.61.88.2
Jun2.57.314.662.7921.96.7
Jul1.97.113.760.489.32.77.3
Aug2.28.115.356.590.82.510.7
Sept2.98.417.249.390.32.614.2
Oct2.510.218.754.389.62.516.7
Nov1.412.823.842.587.42.222

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

SandhurstCranbourne WestCarrum DownsLyndhurstFrankston NorthCranbourneLangwarrinBotanic RidgeCranbourne SouthLynbrook

Public Transport


General Points of Interest

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