Kalorama vs Montrose

Montrose (median $985,000) is roughly 12% cheaper to buy into than Kalorama ($1,121,500).

Buying in Kalorama or Montrose?

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Kalorama and Montrose side by side

MeasureKaloramaMontrose
Price and market
Median house$1,121,500$985,000
Median unit$308,880$316,800
Renting
Owner occupied92.0%–
Renter occupied6.0%–
Schools
Schools nearby2020
Average ICSEA10291025
Lifestyle and people
Walk score036
Transit score00
Bike score100100
Population1,277–
Median age43–
Climate
Annual rainfall1025 mm967 mm
Mean max, January26.1°C26.4°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Montrose scores higher on walkability (0/100 vs 36/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Kalorama (1029) sits above Montrose (1025).

For buyers
Montrose is the lower entry point at $985,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Kalorama edges out on average school ICSEA (1029 vs 1025).

Kalorama vs Montrose: common questions

Is Kalorama or Montrose cheaper to buy in?

Montrose has the lower median house price at $985,000, roughly 12% below Kalorama ($1,121,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Kalorama or Montrose have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Kalorama scores 1029 vs 1025 in Montrose. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Kalorama or Montrose?

Montrose scores 36/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.