1 Cerberus Rd, Baxter is a 3 bedroom, 1 bathroom House. The property has a land size of 629m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Baxter in the last 12 months.
Perfectly positioned directly opposite Baxter Park, this neat and well-kept 3-bedroom brick veneer home presents an outstanding opportunity for homeowners, investors, developers or those with an eye on the future.
Set on a level approximately 629m² block with no easements, laneway at the rear of the property. This property offers genuine scope for a second dwelling (STCA) while still being immediately comfortable to live in or lease out.
Inside, the home features three well-proportioned bedrooms, a central bathroom, ducted heating, split system A/C and warm hardwood floors that add character and durability. The functional layout makes everyday living easy, while the solid brick veneer construction ensures long-term appeal.
The location is a standout. Enjoy a true parkside lifestyle, with Baxter Park right across the road, easy access to Peninsula Link and the Frankston Freeway, and the convenience of being able to walk to the ever popular Indian Mahal Restaurant and the Kick Back Cafe. Baxter Woolworths, the train station, and surrounding amenities are just a short drive away. As is Mt Eliza Village, Main Street Mornington and Frankston CBD
Whether you’re looking to move in, invest, or explore future development options, this is a rare opportunity in a tightly held Baxter location.
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 16.52% increase in median value, while Units have seen a 15.09% increase. As at 28 February 2026:
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