The size of Skye is approximately 1.4 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Skye in 2011 was 293 people. By 2016 the population was 285 showing a population decline of 2.7% in the area during that time. The predominant age group in Skye is 50-59 years. Households in Skye are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Skye work in a professional occupation. In 2011, 89.7% of the homes in Skye were owner-occupied compared with 92.3% in 2016. Currently the median sales price of houses in the area is $857,000.