Question 1

Is Kalorama a nice place to live?

Accepted Answer

Kalorama is a small, leafy locality in the Dandenong Ranges set among tall eucalypts, tree ferns and the bushland of Sherbrooke Forest and the national park. It has a quiet, semi-rural feel with winding roads and homes that range from weatherboard cottages and timber mountain houses to larger bushland blocks with established gardens. The community numbers 1,277 with a median age of 43 and is dominated by couple families; most homes are owner-occupied.

Bushwalking, birdwatching and scenic lookouts are on the doorstep, and local amenities include the Karwarra Australian Native Botanic Garden, Parks Victoria’s Kalorama Lookout, Mount Dandenong Primary School and the newly completed Mount Dandenong Preschool. Yarra Ranges Council is implementing a Memorial Reserve master plan with upgrades to pavilion, courts, playspace, paths and traffic-calming, and the RidgeWalk trails and Djirra Binak artwork add local interest. Bus route 688 serves the area, while basic shops and village cafes are in nearby Olinda and Sassafras. Whether Kalorama suits you depends on how much you value a tree-change and an outdoor lifestyle.

Question 2

Is it expensive to live in Kalorama?

Accepted Answer

Kalorama 3766 hasn't had enough recent sales or rentals to publish reliable house prices or rents. Without those figures, it's not possible to say how housing costs here compare with local incomes recorded at the most recent Census, so there isn't a clear data-based picture of whether living in Kalorama is expensive.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Kalorama a good place to invest?

Accepted Answer

If you're considering Kalorama as an investment, the clearest figure is the median house value, which rose a solid 7.3% over the past 12 months. That movement shows capital growth for houses in the year to date, and whether that fits your investment objectives and income needs is something you should weigh for yourself.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.3%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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