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Kalorama, VIC 3766

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

Data updated

High Yield Suburb

Median House

$915,000

market range $875K-$1.1M

Median Unit

$1,295,000

Gross Yield (houses)

5.1%

1yr Growth (houses)

-2.4%

market range -10.0% to +7.5%

Investment snapshot for Kalorama

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

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Kalorama market and investor summary

Kalorama (VIC 3766) runs a median house price of $915K, with houses yielding a gross 5.1%. House prices have moved -2.4% over the past year. At 2.9% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 5.1% is neither a standout cashflow play nor a pure growth bet.

Living in Kalorama: people, income and schools

About 1,277 people live in Kalorama, a count that has slipped about 4% over five years. The median age is 43, skewed a little older, and 92% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $109,000 a year, or roughly $2,090 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.

There are 19 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 36 km from the CBD. It is fairly car-dependent; the suburb scores 13 for walkability and 11 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
1,277
-4% over 5yr
Median age
43 years
Median household income
$109,000/yr
Households renting
8%
Family households
52%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
19
avg ICSEA 1057
Unemployment
2.8%
Distance to CBD
36 km
Walk score
13/100

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

Properties in Kalorama

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Frequently asked questions about Kalorama

What should I check before investing in Kalorama?

Kalorama has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Kalorama?

The median property price in Kalorama, VIC 3766 is $915K for houses and $1.3M for units.

What rental yield does Kalorama show?

The gross rental yield in Kalorama is 5.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Kalorama?

House prices in Kalorama are down 2.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Kalorama?

The current vacancy rate in Kalorama is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Kalorama?

Kalorama has a population of approximately 1,277 residents, with a median age of 43.

What schools are near Kalorama?

There are 19 schools within roughly 5km of Kalorama. 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 Kalorama affordable to buy in?

A median house in Kalorama costs about 8.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Kalorama's population growing?

The population of Kalorama has fallen about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Kalorama from the CBD?

Kalorama is about 36 km from the CBD.

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