Baxter (VIC 3911): property prices & suburb profile

Mornington Peninsula LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Baxter · VIC 3911 · typical house price · 12 months to 2025-Q4
$775,000+123.1%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (35 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$775,000
35 sales over 4 quarters
Typical unit price
$592,000
12 months to 2025-Q1, 5 sales
Sales in the last year
35
houses
SEIFA advantage decile
4 of 10
Baxter
Schools in the suburb
1
ACARA registered

Baxter property prices

The typical Baxter house sold for around $775,000 in the year to 2025-Q4, +123.1% over 10 years and +36.8% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+5.7%
+2.1%
+36.8%
+123.1%
Units
-0.4%
-1.6%
+27.4%
+95.8%

Change in medians published by the Victorian Valuer-General · rolling year for recent horizons where each series allows, yearly medians further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
342k472k602k731k861k20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$330,500$275,000
2014$325,000$309,000
2015$340,000$330,000
2016$403,000$360,500
2017$530,000$378,000
2018$542,500$512,500
2019$530,000$475,000
2020$567,500$530,000
2021$710,000$615,000
2022$717,500$645,000
2023$692,500$607,500
2024$725,000$605,000
Apr 2024$706,000$602,300
July 2024$705,000$640,000
Oct 2024$726,300$640,000
2025$752,500$592,000
Apr 2025$759,000
July 2025$820,000
Oct 2025$770,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Baxter medians by quarter

The most recent quarter on record for Baxter is 2025-Q4.

Baxter medians by quarter
2025-Q4House$770k7
2025-Q3House$820k9
2025-Q2House$759k7
2025-Q1Unit$592k5
2025-Q1House$753k12
2024-Q4Unit$640k
2024-Q4House$726k18
2024-Q3Unit$640k
2024-Q3House$705k
2024-Q2Unit$602k
2024-Q2House$706k
2024-Q1Unit$575k
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Baxter

Baxter has a median age of 40 and a median household income of $1,493 a week.

Population (Baxter)
2,166
Median age (Baxter)
40 years
Median household income (Baxter)
$1,493/wk
People per square kilometre
218
Average taxable income (postcode, 2023)
$78,855
SEIFA advantage decile (Baxter)
4 of 10
Addresses in the suburb (G-NAF)
1,356
Rooftop solar installs, 12 months (postcode)
35
How Baxter homes are held
Owned outright
33.2% · 299
Owned with a mortgage
46.6% · 420
Rented
16.4% · 148
Baxter homes by bedroom count
1 bedroom or studio
0.9% · 8
2 bedrooms
12.0% · 106
3 bedrooms
64.7% · 573
4 bedrooms
17.2% · 152
5 or more
5.2% · 46
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
4 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
5 of 10
Economic resources (IER)from household income, wealth and housing costs
5 of 10
Education and occupation (IEO)from qualifications and skilled work
4 of 10
  • Figures labelled Baxter are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Somerville" and postcode 3911 both extend beyond Baxter.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Baxter

The only school in Baxter sits at the 47th percentile nationally on ACARA's socio-educational index.

Schools located in Baxter
Baxter Primary SchoolGovernmentPrimary1,001
Median school percentile nationally · ICSEA score
Baxter · 1 school
47th · 1001
Mornington Peninsula LGA
62nd · 1034
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Baxter

Baxter's typical house price of $775,000 is the 17th highest of the 21 Mornington Peninsula suburbs we cover.

All Mornington Peninsula suburb research

Baxter: common questions

How much does a house cost in Baxter?
About $775,000 across the 12 months to 2025-Q4, from 35 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Baxter prices gone up?
Prices have risen 123.1% over 10 years and moved +36.8% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Baxter?
The typical unit price was around $592,000 across the 12 months to 2025-Q1: a sales-weighted average of the quarterly unit medians, from 5 sales.
Can I see Baxter prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Baxter?
Baxter has 1 ACARA-registered school: Baxter Primary School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.