SOLD
Sold on 12 Dec 2023 for $3,322,000

1/89 Eucumbene Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 996m2
Sold By
Absolute Business Brokers
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Property Details for 1/89 Eucumbene Dr, Ravenhall

Building Type
Commercial
Land Size
996m2
Local Government
Melton
Lot/Plan
1/PS748359

Last Listing description (October 2023)

The Agents Commercial is delighted to present for SALE this outstanding premise, ideal for a variety of businesses; located in the heart of Ravenhall

Total Size: 1215 sqm

Property Features:

- Ample access
- Three phase power
- Security fencing
- Dual level offices
- Clear span warehouse
- Office area over two levels

Available NOW!

Please contact Sam at 0412 387 358 or Swarit at 0410 566 196 for more information today!

Property History for 1/89 Eucumbene Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$3,322,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $3,322,000
  • 04 Jul 2023
    Listed for Sale Contact Agent
  • 31 Mar 2023
    Listed for Sale Price on Application
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About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Ravenhall in 2011 was 688 people. By 2016 the population was 1,162 showing a population growth of 68.9% in the area during that time. The predominant age group in Ravenhall is 20-29 years. Households in Ravenhall are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ravenhall work in a trades occupation. In 2006, 25% of the homes in Ravenhall were owner-occupied compared with 74.4% in 2011.

Ravenhall has 1,297 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 30 September 2024:

  • The median value for Houses in Ravenhall is $800,314 while the median value for Units is $648,118.
There are currently 5 properties listed for sale, and 14 properties listed for rent in Ravenhall on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Ravenhall.

Suburb Insights for Ravenhall 3023

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.