Giving property investors a a solid capital gain of 12.89% for the last year, Skye, 3977 is the 720th highest performer in Australia in this respect.
Comparing Skye,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Skye should be aiming for at least -3.17% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Skye being $488800 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.04%
With a capital gain of 1.22% for the last 12 months, Skye, 3977 has performed for property investments than its average annual 0.70% property growth over the last 5 years.
Across a shorter period, Skye, 3977 has seen a median price increase of -0.90% over the last quarter.
Vendor discounting in Skye is giving property investors an average Vendor Discount of around -2.98%. This puts suburb at number 289th in VIC when ranking the most discounted suburbs.
Residents and property investors in Skye have been waiting around 102.91 days to sell a property.
Skye, 3977’s gross rental yield is 5.52%