Skye has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.09% to date .
The five-year average increase in median property values for Skye,3977 has given property investors a potential capital gain of 42.32% across each of those five years.
Skye3977 is located in VIC which offers an average discount of -5.00% to property investors. Skye itself is showing figures that indicate -3.45% is the average achievable by property buyers investing in the suburb.
At number 61 in a list of fastest selling suburbs, Skye is in the TOP 10% of suburbs in Australia with an average of days on market 25.23 for properties listed there.
At number 116th in the list of Australian suburbs ordered by increase in median house value over the last year, Skye, 3977 is in the top 10% with a property value increase of 22.89% recorded in median house prices.
Skye,3977 has offered an average of 22.89% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Skye 3977 should be seeing an average reduction in asking price of around -0.45% . This means that Skye is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Skye the average time real estate has been on the market is 54.46 days.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.