5 Panorama Rd, Kalorama is a 4 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 2991m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Kalorama in the last 12 months.
LIMITED PARKING - PLEASE PARK ON MT DANDENONG TOURIST ROAD.
With a bit of imagination and dedication, this exceptional property could transform into your dream home. Damaged by a storm and now poised for restoration or redevelopment (STCA), this property offers endless potential in a peaceful yet convenient location, just steps from bus transport and walking path to Mt Dandenong Primary School and Kindergarten.
This tranquil 2,991sqm (approx.) lot, with its views and diverse local bird and wildlife, provides a picture-perfect setting for a new project. The existing home features a spacious lounge that opens to a large, quality composite deck with scenic vistas. The open-plan kitchen connects to a generous family room with a wood fire, and there's potential for large windows to capture the view. Both living areas and the deck receive abundant sunlight throughout much of the day. Bedrooms and bathrooms are conveniently located on both levels.
Additional features include an under-house workshop/storeroom, off-street parking, and the chance to tailor the property to your preferences. This is a unique opportunity in an ideal lifestyle location. An early inspection is highly recommended.
- 2,991sqm (approx.) lot with immense potential
- Unlimited options for restoration or redevelopment (STCA)
- Spacious living area adjoining a large, quality composite deck
- Open-plan kitchen and family room with wood fire
- Large upper-level bedroom and bathroom with high ceilings
- Lower-level bedrooms, including an ensuite bedroom
- Under-house workshop space and off-street parking
- Stunning views to enhance any upgrades or a brand-new build
The size of Kalorama is approximately 7.9 square kilometres. It has 10 parks covering nearly 104.6% of total area. The population of Kalorama in 2011 was 1,208 people. By 2016 the population was 1,259 showing a population growth of 4.2% in the area during that time. The predominant age group in Kalorama is 40-49 years. Households in Kalorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalorama work in a professional occupation. In 2011, 91.4% of the homes in Kalorama were owner-occupied compared with 91.8% in 2016.
Kalorama has 632 properties. Over the last 5 years, Houses in Kalorama have seen a 35.88% increase in median value, while Units have seen a -15.09% decrease. As at 31 October 2024:
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