VIC · 3977

Skye

Suburb profile, market snapshot and recent listings for Skye, VIC 3977.

Skye, VIC 3977

About Skye

Welcome to Skye

Skye sits in Melbourne's south-eastern suburbs, part of the broader Frankston-Cranbourne corridor around 45 kilometres from the CBD. It's a growing residential pocket that has shifted from semi-rural fringe to established family suburb, bordered by Carrum Downs, Cranbourne West and Frankston North.

With a population of just over 8,000 and a median age of 36, Skye has the profile of a suburb popular with young families and first-home buyers looking for space and value without straying too far from the coast or the Peninsula Link corridor.

Lifestyle & dining

Skye retains a relaxed, low-density feel compared to more built-up parts of the south-east, with plenty of open paddocks and newer estates sitting alongside older acreage properties. Everyday dining and cafe culture tends to be found just over the border in Carrum Downs and Cranbourne, while locals often head towards Frankston for a bigger night-out scene or the beach itself, only a short drive south.

The suburb's appeal lies less in a bustling main street and more in its quieter pace, larger blocks and proximity to both the Mornington Peninsula and Melbourne's growing south-eastern employment hubs.

Shopping

For day-to-day shopping, residents typically rely on the retail centres in neighbouring Carrum Downs and Cranbourne West, which offer supermarkets, specialty stores and larger shopping centres within a short drive. Frankston's retail and dining strip, including its train station precinct, is also within easy reach for a bigger shopping trip or weekend outing.

Getting around

Skye is well positioned for drivers, with Peninsula Link and the South Gippsland Highway providing efficient connections to Frankston, the Mornington Peninsula and, via EastLink, into Melbourne's greater road network. Public transport is more limited within Skye itself, with bus routes connecting to Frankston station, from where the Frankston train line runs direct into the city, making it a workable option for commuters happy to combine bus and rail.

Schools & families

Families are well catered for locally, with Skye Primary School serving the immediate area and Australian Christian College Casey offering a broader independent schooling option nearby. The suburb's median age of 36 and its mix of larger family homes point to strong appeal among households with children, and the surrounding Cranbourne and Carrum Downs areas add further schooling and childcare choice within a short drive.

Housing & architecture

Housing in Skye is overwhelmingly detached, with houses making up 85% of current listings, alongside a small share of townhouses (7%), apartments or units (4%) and vacant land (1%). This mix reflects the suburb's low-rise, family-oriented character, with newer estate homes sitting alongside older, larger properties on generous blocks that hark back to Skye's more rural past.

The property market

Skye's property market has been firming, with the median house price sitting at $820,000 following growth of 11.6% recently, a sign of strong buyer demand for the suburb's larger blocks and family-friendly setting. Units and townhouses offer a more accessible entry point, with a median unit price of $629,000, while renters can expect to pay a median of $620 a week.

The overwhelming dominance of standalone houses in the current listing mix suggests Skye remains primarily a house-and-land market rather than a medium-density one, which continues to attract families and upgraders from pricier parts of the south-east and Peninsula.

Market snapshot

Skye property market

Median price ranks #2,115 of 3,797 suburbs · pricier than 44%
Type
Bedrooms

Median sale price

$820k

House · 3 bed

Median rent

$620

per week

Gross rental yield

3.9%

annual rent ÷ sale price

Typical price range

Entry

$637k

Median

$820k

Premium

$886k

Days on market

7

Auction clearance

0%

Sold this year

56

Median sold price trend · House 3 bed

Compound growth +3.8% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Skye by dwelling type.

House85%
Townhouse8%
Apartment / Unit5%
Land2%
Acreage / Rural2%

Who lives here

Demographics

ABS Census 2021 figures for Skye, VIC 3977.

Population

8,088

residents (2021)

Median age

36

years

Household income

$2,004

median, per week

Median rent

$410

per week

Median mortgage

$1,733

per month

Mortgage / income

20%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Skye

Government school catchment

Skye Primary School

Prep-6CoEdGovernment
Visit school website →

Independent & Catholic schools

Australian Christian College Casey

Private

Recent results

Recently sold in Skye

$596k

1/32 Mccormicks Road

townhouse2 bd · 2 ba · 1 car

Sold ~July 2026

$638k

11/2 Sanoma Drive

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$920k

20 Captain Cook Close

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.24m

445 Ballarto Road

house4 bd · 3 ba · 6 car

Sold ~July 2026

$720k

2 Hotelier Court

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$1.12m

2 Eve Close

house5 bd · 2 ba · 2 car

Sold ~July 2026

$810k

29 Rhone Grove

house4 bd · 2 ba · 2 car

Sold ~July 2026

$789k

9 Di Blasi Court

house3 bd · 2 ba · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Skye

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Compare the area

Price map around Skye

Every listing for sale near Skye, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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SkyeNearby suburbs

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Common questions

Skye suburb FAQ

What is the median property price in Skye?

The median house price in Skye, VIC is $820k for a 3-bedroom home. Over the past year, median sold prices have risen about 11.6%.

How much is rent in Skye?

The median weekly rent in Skye is around $620 per week.

Is Skye a good place to live?

Skye is a suburb in Melbourne, Victoria, Australia, 36 km south-east of Melbourne's central business district via the Monash Freeway, located within the City of Frankston local government area. Skye is an established residential suburb in VIC, with a population of around 8,088 and 2 schools in the area.

What is the population of Skye?

Skye has a population of 8,088 (ABS 2021 Census), with a median age of 36.

What schools are in Skye?

There are 2 schools in or near Skye, including Australian Christian College Casey and Skye Primary School.

How long do homes take to sell in Skye?

Properties in Skye take around 7 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Skye?

Entry-level properties in Skye start around $637k, while premium homes reach $886k.

What suburbs are near Skye?

Suburbs near Skye include Carrum Downs, Seaberry Promenade Skye, Downs, Cranbourne West and Frankston North.

Available now

Properties in Skye

View all listings →
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NewFor Sale
$830k–$879k
house

Entertainer's Dream with Caravan Size Side Access

11 Lily Way, Skye VIC 3977
424560 m²
Ray White Carrum Downs2 days ago
Ask AI about this property
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For Sale
$1.19m
house

Fixed Price Package: $1,185,333

Lot 4160 Greycliffe avenue, Skye VIC 3977
432448 m²
Turnkey Real Estate Group Pty Ltd2 weeks ago
Ask AI about this property
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For Sale
$569k–$599k
apartment

Private, Peaceful and Perfectly Positioned

2/18 Darnley Drive, Skye VIC 3977
212185 m²
Donovan Real Estate Partners4 weeks ago
Ask AI about this property
Image 1
For Sale
$899,750
house

Location

Lot: 446, Northampton Street Skye VIC 3977
422418 m²
Eight Homes3 months ago
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For Sale
Contact agent
house
StMate est. ~$910k

Space, Seclusion & Opportunity on a Prime Skye Acreage

30 Highview Road, Skye VIC 3977
4142.02 ha
Jellis Craig Glen Waverley3 months ago
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For Sale
$1.07m
house

Fixed price full turnkey package price $1,071,686

Lot 416 Greycliffe Avenue, Skye VIC 3977
422448 m²
Turnkey Real Estate Group Pty Ltd2 weeks ago
Ask AI about this property
Image 1
For Sale
$1.11m
house

Mimosa Home & Land True Value!

Lot 721 Tashinny Road - Wedge Rd, Skye VIC 3977
422512 m²
MIMOSA HOMES PTY LTD1 month ago
Ask AI about this property
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For Sale
$958,535
house

Mimosa Home & Land True Value!

Lot 704 Greycliffe Avenue - Wedge Rd, Skye VIC 3977
422400 m²
MIMOSA HOMES PTY LTD1 month ago
Ask AI about this property
Image 1
For Sale
$912,380
house

Mimosa Home & Land True Value!

Lot 446 Northampton Street - Wedge Rd, Skye VIC 3977
422418 m²
MIMOSA HOMES PTY LTD1 month ago
Ask AI about this property
Image 1
For Sale
$1.01m
house

t the standard for luxury living: choose an eight-time HIA award-winning builder.

Lot 716 Tashinny Rd, Wedge Rd Estate, Skye VIC 3977
423400 m²
Kingsbridge Homes1 month ago
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Image 1
For Sale
$899,750
house

Location

Lot: 435, Glynelea Crescent Skye VIC 3977
422402 m²
Eight Homes2 months ago
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For Sale
$1.07m
house

Fixed Price $1,068,000 | Turnkey Double-Storey at Wedge Rd, Skye

Lot 722 Greycliffe Avenue, Skye VIC 3977
322321 m²
Turnkey Real Estate Group Pty Ltd3 weeks ago
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