Skye at a glance
Median house
$817,000
Median unit
$559,000
Walk score
28
Car dependent
Population
117k
Median age 33
The brief
What to know about Skye.
The postcode for Skye is 3977 (VIC), part of Greater Melbourne.
The median house price in Skye is $817,000.
Skye (3977) sits in the Frankston region of Victoria. The median house here is $817,000, in line with the Victoria median of around $850K.
Skye has roughly 117,143 residents, with a young-family demographic. Households are dominated by renters. Daily life is car-friendly: most residents drive to work, school and the shops.
Side by side
Compare Skye with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Skye scores 28/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 12 government primary, 4 government secondary, 2 Catholic.
Who lives here
Demographics.
The 2021 Census put Skye's population at 117,143, with a median age of 33. That sits as a young-family demographic.
Population
117,143
Median age
33
Family households
–
Lone person
–
Houses change hands at $817,000 on a typical sale, in line with the Victoria median. Units come in around $559,000, roughly 32% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $163,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$817,000
+0.0% over the past year. Median unit price $559,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$380/wk
Weekly rent (unit)
$323/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$817,000
$559,000
117,143
Median age: 33
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For investors
Investment overview.
Gross rental yield on houses sits at 2.42% (median rent $380/wk against a $817,000 price tag). Units yield 3.00% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.42%
Based on $817,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.00%
Based on $559,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
316
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
28
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Skye.
Local schools for Skye
View the catchment for each school to find out more.
Government School Catchment
Skye Primary School
Rowellyn Park Primary School
Woodlands Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Skye.
- What is the median house price in Skye?
- The median house price in Skye, VIC 3977 is $817,000. The median unit price is $559,000.
- What is the Skye postcode?
- Skye is in the 3977 postcode, in VIC, in the Frankston City Council region.
- Where is Skye?
- Skye is a suburb of Melbourne, in VIC 3977. It is part of the Greater Melbourne area, in the Frankston City Council region.
- What is the average rent in Skye?
- The median weekly rent for houses is $380, for units it's $323.
- What schools are in Skye?
- There are 20 schools serving Skye on this page, including Skye Primary School, Rowellyn Park Primary School, Woodlands Primary School.
- How walkable is Skye?
- Skye has a Walk Score of 28 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Skye?
- Skye is close to Frankston North, Carrum Downs, Sandhurst, Karingal, Pines Forest.
- What is the population of Skye?
- The population of Skye is approximately 117,143 (2021 Census). The median age is 33.
For Sale
Skye
Buying
Selling
Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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