76 Lower Somerville RoadBaxter VIC 3911
Property Details for 76 Lower Somerville Rd, Baxter
Last Listing description (September 2022)
Do not you miss your chance to renovate or detonate on a lush 33.85 acres located at the gateway of the Mornington Peninsula. This property offers a scarce opportunity to build your dream home and create a quality rural estate.
Offering immediate access to the Peninsula Link freeway and a short drive to local schools including Baxter Primary School, Woodleigh School & Mount Erin College, with prime soil, perfect for multiple uses including cattle grazing, market gardening and having excellent pasture this opportunity is not to be passed up!
Currently occupied with a large 3-bedroom, 2-bathroom home with a huge open hay shed to be utilised for multiple uses. Prime for renovation and a lot of TLC, let your imagination run wild.
Property History for 76 Lower Somerville Rd, Baxter, VIC 3911
- 16 Sep 2021Sold for $2,514,000
- 30 Jul 2021Listed for Sale $2,350,000 - $2,585,000
- 18 Dec 2020Listed for Sale $1,950,000 - $2,100,000 - CONTACT AGENT
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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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