Skye is a quiet locality in South Australia within the Burnside local government area (postcode 5072). With a population of 293, the suburb has a mature demographic with a median age of 50. Households earn a median income of $135K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Skye is $1.9 million, having remained flat 0% over the past year. The median weekly rent is $455 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,167.
The crime rate in the Burnside LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Skye offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +0.0% year-on-year.
Skye is a quiet locality in South Australia within the Burnside local government area (postcode 5072). With a population of 293, the suburb has a mature demographic with a median age of 50. Households earn a median income of $135K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Skye is $1.9 million, having remained flat 0% over the past year. The median weekly rent is $455 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,167.
The crime rate in the Burnside LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Skye offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +0.0% year-on-year.