How Much is My Home Worth in Skye?
The median price for a house in Skye is $618,000 as of March 28, 2019. A median-priced unit is $452,000. There have been 128 houses and 36 units sold this year. Of the houses sold 67 were 3 bedrooms. The average annual capital growth for houses is 6.80% and units is 10.02%. The 12-month capital growth is 7.02% on houses and 13.78% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as good. There is currently more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Skye.
- 3 bedroom home $580,000 Rent per week $410
- 4 bedroom home $666,000 Rent per week $473
Unit prices and rent returns in Skye.
- 3 bedroom unit No Data Rent per week $350
On average it takes 33 days to sell a house and 22 days to sell a unit. The gross rental yield for a house is 3.71% and for a unit, it is 3.79%.
Free Real Estate Appraisal Skye
Selling your house in Skye? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Skye
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3650 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Skye
Did you know there is a difference between a property appraisal and a real estate valuation? If you want to know the value of your home you can ask any registered real estate agent. Our agents perform any type of real estate appraisal free of charge. However, if for legal reasons you need a valuation then you must engage the services of a licenced valuer. This will come with a fee.
Suburb Profile of Skye
Recent Sold Homes in Skye and surrounding suburbs.
Browse our list of over 200 recently sold homes in Skye.
Lifestyle in Skye
Skye is located approximately 38 kilometres from the Melbourne central business district. It is part of the City of Frankston. The population as of the latest Census in 2011 was 7480. Married couples represent 51% of the population and 12% are in defacto relationships. There are a number of rural and hobby farms in Skye. Skye is located near the Monash Freeway, Eastlink, Frankston Freeway, Peninsula Link, South Gippsland Highway and Princes Highway. This is a quiet laid back area that borders Carrum Downs, Lynbrook, Cranbourne and Langwarrin.
Schools in Skye
There is 1 school in Skye.