Question 1

Is Skye a nice place to live?

Accepted Answer

Skye is a small residential suburb on Adelaide’s eastern fringe with a population of 293. It is made up largely of established single-storey brick and weatherboard cottages, leafy streets and modest yards. The area attracts both families and downsizers, and housing is overwhelmingly owner-occupied (97.1%), which gives the suburb a settled, quiet feel.

Everyday convenience comes from nearby local shops, pocket parks and schools within easy reach, while local buses and arterial roads connect residents to larger retail centres and the Adelaide foothills. There are a few local planning items under consultation, including a boundary and road realignment along McBeath Drive, Lavers Reserve being named for future development as a lookout, and a proposal to move Skye into the Hills Neighbourhood Zone. Whether Skye suits you will depend on whether you want a small, mostly owner-occupied suburb with basic amenities close by.

Question 2

Is it expensive to live in Skye?

Accepted Answer

Skye's typical household earned $2,594 a week at the last Census. However, there haven't been enough recent property sales or rentals in Skye to publish reliable house or unit prices and rents, so it's not possible to describe how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Skye a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Skye 5072 to publish reliable figures on how house or unit values and rents have changed over the past year. Without those published movements, it isn't possible to describe how the suburb has performed as an investment over the past year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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