With a capital gain of 18.89% for the last 12 months, Skye, 3977 has performed for property investments than its average annual 6.66% property growth over the last 5 years.
Comparing Skye,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Skye is giving property investors an average Vendor Discount of around -3.94%. This puts suburb at number 435th in VIC when ranking the most discounted suburbs.
With the median price for a house in Skye being $535000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.99%
At number 198th 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 18.77% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Skye,3977 has racked up an average of 18.77% over the period. This ranks it number 706th in the whole country for real estate investors looking at median house price increases.
Skye3977 is located in VIC which offers an average discount of -4.68% to property investors. Skye itself is showing figures that indicate 0.00% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.