Thinking about buying in Kalorama? Now could not be a better time, with 720 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,081,000 with prices in this suburb ranging from $179,000 to $2,837,000. The aproximate distance to the coast is 31 Km.

Kalorama Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Kalorama driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kalorama ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Kalorama provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Kalorama necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Kalorama we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kalorama a better buying opportunity than it may have been in the past.

Properties for sale Kalorama

	2 hands rd, kalorama, vic, 3766	2	1	2	For Sale $650,000 - $700,000
	40-42 barbers rd, kalorama, vic, 3766				For Sale $410,000 - $450,000
	5 dunbar av, kalorama, vic, 3766				For Sale $225,000 - $247,500
	1 jasper rd, kalorama, vic, 3766	4	2	2	For Sale $1,050,000 - $1,150,000
	1191 mount dandenong tourist rd, kalorama, vic, 3766	3	1	3	For Sale $790,000 - $850,000
	6-10 caroline cr, kalorama, vic, 3766	5	2		For Sale $1,150,000 - $1,250,000
	2-4 barbers rd, kalorama, vic, 3766	3	2	2	For Sale $1,000,000 - $1,100,000
	14 rosemont cr, kalorama, vic, 3766				For Sale $200,000 - $220,000
	9 bonza view, kalorama, vic, 3766				For Sale CONTACT AGENT
	56 barbers rd, kalorama, vic, 3766				$320,000 - $350,000

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General Points of Interest

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