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Skibo, VIC 3260

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$630,000

list-price estimate

Median Unit

$385,000

list-price estimate

Gross Yield (houses)

3.3%

1yr Growth

-

Investment snapshot for Skibo

Skibo has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Skibo market and investor summary

In Skibo, VIC 3260, houses show a gross rental yield of 3.3%. At 0.4% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 63 days on market, so plan for a slower exit if you ever need one.

Living in Skibo: people, income and schools

Skibo is home to around 70 people, a count that has slipped about 3% over five years. At a median age of 48, it reads as skewed a little older, and families account for 80% of households.

The typical household income runs to around $74,000 a year (about $1,420 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.

Families have 4 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
70
-3% over 5yr
Median age
48 years
Median household income
$74,000/yr
Households renting
19%
Family households
80%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1029
Unemployment
1.5%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Skibo

No properties currently listed in Skibo

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Frequently asked questions about Skibo

What should I check before investing in Skibo?

Skibo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Skibo show?

The gross rental yield in Skibo is 3.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Skibo?

The current vacancy rate in Skibo is 0.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Skibo?

Skibo has a population of approximately 70 residents, with a median age of 48.

What schools are near Skibo?

There are 4 schools within roughly 5km of Skibo. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Skibo's population growing?

The population of Skibo has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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Skibo VIC 3260 Market Profile