SKYE is one of the averagely priced suburbs in VIC. Median home prices are $495,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $445,500 home loan.
Between 2005 and 2011 the population of SKYE, 3977 grew an average of 117.00 people each year. This figure of 1476.80% per annum means SKYE is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $233 more every month. As a percentage rise, this makes SKYE, 3977 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, SKYE would be 2654th.