At number 758th in the list of Australian suburbs ordered by increase in median house value over the last year, Skye, 3977 is in the top 20% with a property value increase of 12.41% recorded in median house prices.
Comparing Skye,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Skye 3977 should be seeing an average reduction in asking price of around -2.35% . This means that Skye is holding prices well when compared to other suburbs in VIC.
Skye, 3977’s gross rental yield is 4.06%
Skye has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.91% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Skye comes in at number 272th in VIC.
LACK OF BUYER INTEREST may well be the reason that Skye is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 293th in terms of most discounted suburbs in VIC