Market snapshot

Suburb insights for Skye3977

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Skye 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.

Recent sales and auction results in Skye

AddressBedroomsPriceTypeMethodSale DateAgentListing
42 Mccormicks Rd, Skye4PriceHouse (Res)Private Sale27/06/2024Harcourts Carrum DownsView

Sales data

Median sale price
$802k
Quarterly price change
6.9%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsSkyeMetro comparison
2-$902,500
3$740,000$810,000
4$807,500$955,000
InsightSkyeMetro comparison
Clearance rate73.8%
Days on market2142

Rental data

Median weekly rent
$590
Rental yield
4%
Metro Melbourne Comparison
$560
3.2%
BedroomsSkyeMetro comparison
2-$550
3$510$540
4$620$580
Median data for the current quarter
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