Located in South Australia within the Burnside local government area, Skye is a small, quiet locality (postcode 5072). It is home to about 293 residents, with a settled, mature resident base and a median age of 50. Households earn a median income of $135K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Italian.
Median house prices in Skye stand at $1.9 million, having climbed sharply by 12.1% over the last twelve months. The current median weekly rent is $1000. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
The crime rate in the Burnside LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are above the state median ($1.9M/$980K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +12.1% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.