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Avonsleigh vs Kalorama

Property investment comparison - Avonsleigh, VIC 3782 vs Kalorama, VIC 3766

Head-to-head across core investment metrics: Avonsleigh wins 3, Kalorama wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAvonsleighKalorama
Median house price$910K$915K
Median unit price$815K$1.3M
Gross rental yield (houses)4.62%5.13%
Gross rental yield (units)3.57%-
1-year house growth+6.0%-2.4%estimate
3-year house growth+24.1%-
Vacancy rate3.4%2.9%
Population8441,277

Avonsleigh vs Kalorama: what the numbers say

The median house price is $910K in Avonsleigh and $915K in Kalorama, so Avonsleigh is the cheaper entry point, with Kalorama houses about 1% dearer.

For units, Avonsleigh sits at a median of $815K against $1.3M in Kalorama, which makes Avonsleigh the more affordable unit market and Kalorama the pricier one.

On cash flow, Kalorama leads: houses there return a gross rental yield of 5.13%, compared with 4.62% in Avonsleigh, a gap of 0.51 percentage points.

Over the past year house prices moved +6.0% in Avonsleigh and -2.4% in Kalorama (an estimate), so recent momentum favours Avonsleigh, while Kalorama went backwards.

Rental vacancy is 2.9% in Kalorama and 3.4% in Avonsleigh, so landlords in Kalorama face less competition for tenants.

Kalorama is the bigger suburb, with a population of 1,277 against 844, larger than Avonsleigh; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kalorama for rental income, Avonsleigh for a lower purchase price, Avonsleigh for recent price momentum, Kalorama for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Avonsleigh vs Kalorama: Suburb Comparison 2026