AREA REPORTS

Baxter

Suburb Profile

Baxter - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3911

house

A steady increase in median property prices over a five-year period in the suburb translates to a 61.27% capital gain.

Property investors in BAXTER enjoyed capital gains of 8.48% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $540,250.

Profits due to an upward trend in home prices there averaged 20.42% per annum over a 3-year period.

Home owners selling their properties and realtors in BAXTER usually have to wait an average of 24.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $397.5 mark, reflecting a 3.83% increase in returns based on the current median price in BAXTER.

BAXTER, 3911 places 372nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $540,250 N/A
GROWTH REPORT
Median Quarterly 0.7% N/A
Median 12 month 8.48% N/A
Median 3 years 61.27% N/A
Median 5 years 64.96% N/A
10 years average annual 8.25% N/A
Weekly media advert. rent $397.5 N/A
Time on Market 24.9 days N/A
Gross Rental Yield Percent 3.83% N/A
demographics (median values)
Total Population
1873
Weekly Household Income
939.8
Household Size
2.50
demographics
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