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Mornington Peninsula Shire

Baxter

Baxter Property Market
& Suburb Profile

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MEDIAN PRICES IN BAXTER

Median house price

(all agencies, last 12 months)$774k*

House price change

(all agencies, last 12 months)+6.76%

Median unit price

(all agencies, last 12 months)$650k*

Unit price change

(all agencies, last 12 months)+7.47%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BAXTER price TRACKER

HousesUnits

Baxter sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)21

Average days on market (units)

(all agencies, 12 months)27

Average held period in Baxter

(proptrack)12 years

Baxter Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$654pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$546pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)4.12%

Average rental yield for Units

(all agencies, last 12 months)4.46%

Baxter total population size

(as at the last census)2,166

Median household size in Baxter

(as at the last census)2.3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Baxter property types

  • Houses 54%
  • Units 13%
  • Other 33%

OCCUPANCY in Baxter

  • Owned 80%
  • Rented 16%
  • Other/Not Stated 4%
  • Singles 31%
  • Families 67%
  • Other 2%

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About Baxter

Baxter is a tranquil and highly appealing suburb located approximately 49 kilometres south-east of the Melbourne CBD, offering a desirable blend of semi-rural charm and excellent suburban convenience, positioning it on the picturesque northern edge of the Mornington Peninsula Shire.

The suburb is defined by its low-density residential pockets, which include spacious family homes and some acreage lots, appealing strongly to families, retirees, and professionals seeking a quieter lifestyle with a strong sense of community.

Connectivity is a major strength for commuters, as the suburb boasts its own Baxter Train Station on the Stony Point line, which provides a direct rail link to the Frankston transport hub, complemented by immediate vehicular access to the Peninsula Link Freeway for fast travel into the city or deeper into the Peninsula.

Residents benefit from comprehensive local amenity, centred around the local activity centre near the train station, which features a supermarket, specialty shops, and essential services, ensuring day-to-day needs are met locally.

Education is well-supported by the established Baxter Primary School and nearby childcare facilities, adding to its strong family appeal.

Furthermore, the area is rich in green spaces, including Baxter Park and nature reserves, providing ample recreational opportunities.

For investors, Baxter represents an increasingly attractive and stable market, driven by its excellent transport infrastructure, commitment to maintaining its green wedge character, and strong owner-occupier base.

Education

Baxter Primary School
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Sales Comparison

Find out how Baxter median sales prices compare to neighbouring suburbs.

Baxter MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202552$712,0006.76%18$600pw4.29%
202445$664,9003.79%25$589pw4.37%
202337$653,075-2.98%31$546pw4.19%
202239$682,500no change22$523pw3.97%
202154$660,00026.32%23$473pw3.50%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202552$712,000+6.76%
202445$664,900+3.79%
202337$653,075-2.98%
202239$682,500no change
202154$660,000+26.32%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202518$600pw4.29%
202425$589pw4.37%
202331$546pw4.19%
202222$523pw3.97%
202123$473pw3.50%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.