5 Cerberus RoadBaxter VIC 3911
Property Details for 5 Cerberus Rd, Baxter
5 Cerberus Rd, Baxter is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 664m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (December 2022)
Poised with potential for redevelopment this 664sqm (approx.) allotment offers an exciting opportunity to design a space of contemporary style. Currently occupied by an original 1970's dwelling, a history of rental returns offers inspiration amongst a neighbourhood of growing families. Efficiently serviced via public transport, Monash University Peninsula Campus remains 5km (approx.) away surrounded by an array of recreational amenities.
- Encouraging buyers with a vision to re-imagine the allotment and invest for future use
- Positioned 1.2km from the local supermarket and Baxter Train Station
- Situated in a tight-knit pocket of the local community with no through-traffic
- Convenient access to Peninsula Link is ideal for a work commute or afternoon exploring the Mornington Peninsula.
- Single level design with scope to extend presents accessibility for all stages of life
- The current residence offers three bedrooms and a front-facing living room
- Existing dimensions allow minor refreshment or complete redevelopment of the allotment
- Single lock up garage with adjoining studio space
- Situated 10 minutes (approx.) from both Karingal Hub and Bayside Shopping centre
Property History for 5 Cerberus Rd, Baxter, VIC 3911
- 09 Dec 2022Sold for $585,000
- 18 Nov 2022Listed for Sale $520,000 - $570,000
- 25 Jan 1997Sold for $70,000
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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 1,172 properties. Over the last 5 years, Houses in Baxter have seen a 25.52% increase in median value, while Units have seen a 32.34% increase. As at 31 October 2024:
- The median value for Houses in Baxter is $775,036 while the median value for Units is $637,330.
- Houses have a median rent of $600 while Units have a median rent of $390.
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