Suburb Profile Report for Kalorama VIC (3766)

Kalorama House: Median price $512,500, Annual capital growth 5.68%, Number of sales 23, Weekly median advertised rent $465

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Kalorama has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.54%

Over the longer term, Kalorama has seen property prices show investors a 18.36% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Kalorama is giving property investors an average Vendor Discount of around -4.94%. This puts suburb at number 375th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Kalorama the average time real estate has been on the market is 48.13 days.

Kalorama is 159th on a list of best yielding suburbs for rents in VIC with a 4.72% return

HOUSE UNIT
$512,500 N/A
-1.08% N/A
3.54% N/A
5.68% N/A
$465 N/A
23 N/A
4.72% N/A
48.13 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1208
Median household income ($/weekly) 1535
Median age of persons 40
Median housing loan repayment ($/monthly) 1821
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 142 11.8
    25-34 years 127 10.5
    35-44 years 211 17.5
    45-54 years 185 15.3
    55-64 years 183 15.1
    Others 360 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 476 53.7
    Not Married 319 36.0
    Defacto Relationship 92 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 917 80.2
    Greece 16 1.4
    Papua New Guinea 16 1.4
    United Kingdom 113 9.9
    Other 36 3.1
    Others 45 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 1.3
    Christianity 537 50.0
    Islam 6 0.6
    Other Religious Groups 13 1.2
    No Religion 499 46.4
    Others 6 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 34 8.7
    $1,250-$1,499 36 9.2
    $1,500-$1,999 62 15.9
    $2,000-$2,499 45 11.5
    $2,500-$2,999 47 12.1
    Others 166 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 418 45.3
    Not in the labour force 234 25.4
    Employed, worked part-time 219 23.7
    Employed, away from work 30 3.3
    Unemployed, looking for work 22 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 105 15.9
    Professionals 191 28.9
    Technicians & trades workers 106 16.0
    Community & personal service workers 63 9.5
    Clerical & administrative workers 76 11.5
    Others 120 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 23 8.2
    Infants/Primary 95 33.9
    Secondary 72 25.7
    Technical or Further Educational Institution 32 11.4
    University or other Tertiary Institutions 48 17.1
    Others 10 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1130 99.7
    House or flat attached to a shop, office 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 250 56.1
    Fully owned 166 37.2
    Rented 27 6.1
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals