Back 24 Railway Rd
Off Market

24 Railway Rd

Baxter VIC 3911

4
2
768 m²
House
Last sold for $840,000
Ash MartonAsh Marton, last sold this property on 29 October 2025 after 23 days on market.

Overview

Family Home with Approved Development Opportunity

Set on a generous 768sqm (approx.) allotment with approved plans and permits for three double-storey townhouses, 24 Railway Road, Baxter presents an exceptional opportunity to secure a home with immediate comfort and outstanding future potential. Perfectly positioned in a rapidly growing pocket bordering Frankston-one of the country's top-performing suburbs, this property blends light-filled family living with long-term investment confidence. Beyond its inviting façade framed by a beautiful cherry tree, the home welcomes you into a warm and spacious interior featuring floating floors, downlights throughout, and an abundance of natural light. The large front lounge offers a peaceful retreat, complete with a fireplace and split system heating and cooling, ideal for relaxed living across all seasons. The bright kitchen and dining area form the heart of the home, designed for everyday functionality and family connection. Sliding doors extend to a covered, paved outdoor area, providing effortless indoor-outdoor flow for entertaining or quiet retreat. A shed at the rear adds valuable storage flexibility. Cleverly zoned, the home features two bedrooms with built-in robes downstairs, serviced by a central bathroom and separate toilet, while two additional bedrooms and a second living space upstairs cater perfectly to family dynamics or guest accommodation. With a secure lease in place, this property provides holding income while future plans take shape, ideal for developers, investors or those seeking a dual-purpose asset. Located just moments from Baxter Village, Baxter Train Station, and Baxter Primary School, and within easy access to Peninsula Link, this address offers the perfect blend of accessibility, lifestyle and growth. Whether you're seeking a sound investment, development opportunity or family home with future upside, 24 Railway Road stands as a smart and stylish choice in an area primed for continued success.

Features

4 bedrooms
2 bathrooms
768 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Baxter over the last 12 months, the estimated median property value of 24 Railway Rd is $845k.

Median value
$845k
Estimated value range
$730k - $915k
Median days on market
23
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Baxter. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Railway Rd

2025
Sold
$840,000
29 Oct 2025 by Ash Marton, of Ash Marton Realty
2023
Rented
Undisclosed
Leased on 21 Mar 2023 by Unique & Co Real Estate Group
2021
Rented
Undisclosed
Leased on 16 Dec 2021 by J&J REALTORS

Happy sellers in Baxter

94%
94% of sellers in Baxter reported that their sale price either exceeded or met their price expectations.

Baxter stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Baxter over the last 12 months.

Local market activity for 4 bedroom houses in Baxter

In the last 12 months, 5 four-bedroom houses similar to 24 Railway Rd, have been sold.

This represents a 40% increase in four-bedroom houses sales when compared to the previous 12 months.

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