24 Railway Rd, Baxter is a 4 bedroom, 2 bathroom House. The property has a land size of 768m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Baxter in the last 12 months.
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.
The size of Baxter is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.6% of total area. The population of Baxter in 2016 was 2162 people. By 2021 the population was 2166 showing a population growth of 0.2% in the area during that time. The predominant age group in Baxter is 30-39 years. Households in Baxter are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Baxter work in a trades occupation.In 2021, 79.80% of the homes in Baxter were owner-occupied compared with 77.70% in 2016.
Baxter has 1,187 properties. Over the last 5 years, Houses in Baxter have seen a 26.42% increase in median value, while Units have seen a 27.73% increase. As at 30 November 2025:
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