Montrose vs Kalorama.
Comparing two suburbs with median house prices of $985,000 and $1,121,500. Montrose edges out on more headline metrics in this comparison.
Montrose (median $985,000) is roughly 12% cheaper to buy into than Kalorama ($1,121,500).
Montrose scores higher on walkability (36/100 vs 0/100 ), 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
Kalorama offers the higher gross rental yield (1.93% vs 1.93%), favouring cash-flow investors.
For families
Kalorama edges out on average school ICSEA (1029 vs 1025).
Common questions
Is Montrose or Kalorama 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 Montrose or Kalorama 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, Montrose or Kalorama?
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.
Which suburb has higher rental yield, Montrose or Kalorama?
Gross rental yield on houses is 1.93% in Kalorama vs 1.93% in Montrose. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Montrose against another suburb