Skye — Houses

NEUTRAL
VIC 3977 House Rank #126 of 263 in Melbourne
$863K
Median House Price · recent comparable sales
See Skye units →
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
56 buyers/listing
Strong
LIQUIDITY
10d DOM
Strong
AFFORDABILITY
7.8% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.0%
Neutral
SUPPLY PRESSURE
1.3% vacancy
Strong
#126/263 Average Structure 44 $863K

Atlaso rates Skye houses as HOLD. Average growth outlook. Vacancy remains tight at 1.27%, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.

At $863K, Skye ranks #126 of 263 houses in Melbourne. The long-term structural outlook is Average. Prices grew 5.1% over the past year.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Skye Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Balanced No strong buyer or seller advantage right now.
+0.2%
Asking Prices (3mo)
+3.4%
Rents (12mo)
1.0%
Vacancy
47%
Fresh Stock (<30d)

House Asking Prices (12 months)

$799K

House Weekly Rents (12 months)

$600/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3977.

Suburb Profile

Skye at a Glance

SEIFA Index
5/10
Average
Household Income
$1,895/wk
Median household
Median Age
33
Years
Mortgage Stress
23%
of income
Population Growth
+6.0%
vs state +2.2%
Ownership Mix
11.1% owned 61.4% mortgage 24.3% renting

Demographic Trends

Skye Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Skye Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Skye a good suburb to invest in?
Atlaso rates Skye as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Skye and 46 Australian cities to generate this rating.
What is the median house price in Skye?
The current median house price in Skye, vic is $863K, with annual growth of +6.4%. Properties sell in approximately 10 days.
How fast do properties sell in Skye?
Properties in Skye sell in 10 days on average. The market is currently rated Average. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Skye?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Skye's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Skye?
The gross rental yield for houses in Skye is 4.0%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).