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Investment Property Baxter, VIC, 3911

Suburb Snapshot

Baxter is a suburb in the Mornington Peninsula Region of Victoria. Baxter has a population of 2,164 people and 16.94% of its occupants live in rental accommodation. The median listing price for houses is $690,000 and this has changed 6.15% over the past year and changed -1.43% over 2 years.

The median rent in Baxter for houses is $575 per week and the median rental yield is 4.33%. Stock on the market for houses/townhouses has changed 66.67% compared to last year and the average time to sell a house/townhouse is 41 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Baxter is $360 per week, producing a rental yield of NA.

Supply & Demand in Baxter, Mornington Peninsula

0.20%

Current vacancy rate


2

Rental stock available


2,164

Population


16.94%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Baxter, Mornington Peninsula

  House Townhouses Units
Median listing price $690,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 6.15% NA NA
Median price change - 2 years -1.43% NA NA
  House Townhouses Units
Median weekly rent $575 NA $360
Median yield % 4.33% NA NA
Median rent change - 1 year 15.00% NA -16.28%
  House Units
Previous month sales 3 0
Stock on market previous month 10 2
Stock variance vs. last year 66.67% 0.00%
Average days on market 41 NA

Baxter investment property listings

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