75 Lower Somerville RoadBaxter VIC 3911
Property Details for 75 Lower Somerville Rd, Baxter
75 Lower Somerville Rd, Baxter is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 8212m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (September 2023)
In the same family for over 50 years, 'Sherwood' offers a well proportioned family home that sits privately on 2 acres (approx.) amongst an array of mature trees. The botanical setting includes broad expanses of lawn and plenty of space to add shedding to take advantage of a second (no-thru) road frontage behind the property. In this renowned horticultural area, the well draining loam soils are prefect for growing veggies and may foster your gardening instincts.
The home, whilst being in original condition, is in sound order and offers ample internal space and will appeal to buyers keen to renovate or extend and add value. A great first step in that pursuit would be to remove the carpets to reveal already polished hardwood floors. The generous floorplan offers 3 bedrooms including master with en-suite and two separate living rooms ideal for family outcomes. The kitchen and dining area looks through to a large sun-room, an ideal direction to potentially expand the floorplan.
The property is connected to mains water and features gas heating along with the convenience of a triple garage under the roofline. Its position in a rural setting ensures a peaceful lifestyle whilst still enjoying proximity to local shopping amenities in Somerville and nearby schools including Baxter Primary and Wooodleigh.
Property History for 75 Lower Somerville Rd, Baxter, VIC 3911
- 29 Jun 2023Sold for $1,050,000
- 16 May 2023Listed for Sale $1,100,000 - $1,200,000
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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 28.29% increase in median value, while Units have seen a 40.71% increase. As at 31 August 2024:
- The median value for Houses in Baxter is $761,915 while the median value for Units is $667,688.
- Houses have a median rent of $585 while Units have a median rent of $390.
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