Suburb Profile Report for Baxter VIC (3911)

Baxter House: Median price $404,000, Annual capital growth 7.07%, Number of sales 36, Weekly median advertised rent $348

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.12% which means that Baxter, 3911 has done well for property investors by showing a capital gain of 18.13% over the last year

Comparing Baxter,3911 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Baxter, 3911 is offering VIC ‘s 410th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.

A $347.5 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 7.07%.

Metrics i HOUSE UNIT
$404,000 N/A
6.18% N/A
18.13% N/A
7.07% N/A
$348 N/A
36 N/A
4.47% N/A
42.72 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Baxter VIC
Demographics
Total population 2146
Median household income ($/weekly) 1128
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 233 10.9
    25-34 years 336 15.7
    35-44 years 272 12.7
    45-54 years 337 15.7
    55-64 years 295 13.7
    Others 673 31.4
    Age Group
    Census Count Percent(%)
    Not Married 736 44.5
    Registered Married 696 42.1
    Defacto Relationship 223 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1693 83.5
    New Zealand 23 1.1
    Papua New Guinea 40 2.0
    United Kingdom 174 8.6
    Other 26 1.3
    Others 72 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1208 63.0
    No Religion 671 35.0
    Other Religious Groups 20 1.0
    Buddhism 15 0.8
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 79 10.9
    $800-$999 86 11.8
    $1,000-$1,249 79 10.9
    $1,250-$1,499 79 10.9
    $1,500-$1,999 118 16.3
    Others 285 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 697 40.7
    Not in the labour force 531 31.0
    Employed, worked part-time 346 20.2
    Employed, away from work 70 4.1
    Unemployed, looking for work 68 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 112 10.1
    Technicians & trades workers 240 21.7
    Clerical & administrative workers 163 14.7
    Sales 115 10.4
    Labourers 147 13.3
    Others 331 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.9
    Infants/Primary 147 33.9
    Secondary 132 30.5
    Technical or Further Educational Institution 60 13.9
    University or other Tertiary Institutions 45 10.4
    Others 19 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1967 96.5
    Flat, unit or apartment 66 3.2
    House or flat attached to a shop, office 5 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 408 50.9
    Fully owned 239 29.8
    Rented 152 19.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals