OFF MARKET

68 Lower Somerville Road
Baxter VIC 3911

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 40563m2
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Property Details for 68 Lower Somerville Rd, Baxter

Building Type
Land
Land Size
40563m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP97289

Last Listing description (October 2010)

UNDER INSTRUCTIONS FROM STATE TRUSTEES
''PEPPERCORN FARM'nPursue your farming dream at this enchanting 10 acre property where you can embrace clean country living, keep horses or grow crops, all with suburban conveniences just moments away.
The best of both worlds at an affordable price, the property was once part of a large orchard that covered much of the neighbourhood with undulating fields flowing down to Watson Creek winding through the foot of the property, while fencing provides four paddocks to keep horses or cattle.

Set behind a picturesque group of age-old peppercorn trees, the two-bedroom farmhouse is in need of renovation, while modest outbuildings also in need of repairs including a towering hay shed, cattle crush, three-bay machinery shed and workshop.
Within walking distance of Baxter Primary School and a general store, 2 minutes drive to Baxter town centre and 10 minutes to Frankston CBD and Eastlink, the property in a green wedge zone comes with town water and power.

Property History for 68 Lower Somerville Rd, Baxter, VIC 3911

A timeline of how this property has performed in the market
Last Sold
$712,000
23 Oct 2010
  • 23 Oct 2010
    Sold for $712,000
  • 28 Sep 2010
    Listed for Sale $550,000- $600,000

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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 1,171 properties. Over the last 5 years, Houses in Baxter have seen a 28.39% increase in median value, while Units have seen a 44.74% increase. As at 30 September 2024:

  • The median value for Houses in Baxter is $770,998 while the median value for Units is $634,664.
  • Houses have a median rent of $600 while Units have a median rent of $390.
There are currently 6 properties listed for sale, and 1 property listed for rent in Baxter on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Baxter.

Suburb Insights for Baxter 3911

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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.