OFF MARKET

16 Railway Road
Baxter VIC 3911

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 923m2
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Property Details for 16 Railway Rd, Baxter

16 Railway Rd, Baxter is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 923m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
923m2
Local Government
Mornington Peninsula
Lot/Plan
62/LP12158

Last Listing description (October 2021)

VIRTUAL INSPECTION AVAILABLE UPON REQUEST

On 937sqm of land, the options here are endless. Offering brilliant scope to further modernise the well cared for 3BR brick veneer home, or start from scratch with 3 new townhouses (STCA), or even subdivide with space for 1-2 townhouses behind the existing home (STCA) - anything is possible.

In the interim, the property would be highly desirable to quality tenants whilst you hold, prepare and profit.

The large, level block is screaming out for development in an area that is nationally recognized as a high demand area. Put your foot forward and capitalize on a massive shortage of new housing available in this convenient location which is a short, flat walk to the supermarket and train station.

The existing 3-bedroom dwelling boasts exposed, original hardwood timber floors, updated kitchen with freestanding gas stove, modern gas wall heater plus the convenience of a substantial split system air conditioner. Its practical floor plan includes three generous bedrooms, a spacious living room and partially modernised family bathroom with separate toilet.

The location is moments from entry and exit ramps of Peninsula Link yet enjoys a relaxed, rural feel about it. Nearby Baxter Park offers those with four legged friends the ideal opportunity to go for a stroll with like-minded people and throw a ball to your furry friend.

There is ample side access to get to the huge rear yard that has two sheds and enjoys supreme privacy.

Opportunities like these are rare in this tightly held pocket are snapped up in no time, so contact Campbell on 0400 062 987 and register your interest now.

Features
- Split System Heating & Cooling
- Gas wall heater
- Hardwood floorboards throughout
- Updated kitchen
- Level 937m2 allotment
- Email agent for additional vendor supplied internal photos

In adherence to current restrictions, Upside Realty has implemented procedures for all buyer inspections, as follows:
- Strictly by private appointment only
- All COVIDSafe measures to be followed
- No property occupants to be present during the inspection
- One household at a time, with the agent waiting outside
- All contracts issued are paperless

Property History for 16 Railway Rd, Baxter, VIC 3911

A timeline of how this property has performed in the market
Last Sold
$860,000
03 Sep 2021
  • 03 Sep 2021
    Sold for $860,000
  • 31 Aug 2021
    Listed for Sale $810,000 - $880,000
  • 08 Sep 1998
    Sold for $85,500
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About Baxter 3911

The size of Baxter is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.6% of total area. The population of Baxter in 2011 was 2,146 people. By 2016 the population was 2,196 showing a population growth of 2.3% in the area during that time. The predominant age group in Baxter is 20-29 years. Households in Baxter are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Baxter work in a trades occupation. In 2011, 78% of the homes in Baxter were owner-occupied compared with 77.7% in 2016.

Baxter has 1,171 properties. Over the last 5 years, Houses in Baxter have seen a 31.73% increase in median value, while Units have seen a 21.68% increase. As at 31 July 2024:

  • The median value for Houses in Baxter is $762,964 while the median value for Units is $663,236.
  • Houses have a median rent of $565 while Units have a median rent of $390.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Baxter on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Baxter.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.