Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SKYE, 3977 is already $515,000, which makes it the number 346th in VIC on a list ordered by most expensive. Make sure that you get good SKYE mortgage broker to look for the best deal.
Across the whole country SKYE,3977 is number 782th fastest growing suburb by population growth, and 235th in State. Its population grew by 585 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-256 less than the median monthly home loan repayment in SKYE, VIC.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, SKYE VIC would be 4775th with 27.13.