OFF MARKET

1 Western Highway
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 180m2
Land area: 15490m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 1 Western Hwy, Ravenhall

Building Type
Land
Floor Size
180m2
Land Size
15490m2
Local Government
Melton

Last Listing description (June 2020)

Demand for WestLink Business Park has been extremely strong with all Stages sold out.

This is your final opportunity to acquire the last remaining lot strategically located within the WestLink Business Park and situated so close to Caroline Springs and offering huge exposure to the Western Freeway.


Final Lot Available:

+ Lot 9 - 24,410sq m

Major retailers within close proximity include Bunnings, Officeworks, Fantastic Furniture, Jeep, Holden and Masters.

WestLink Business Park offers immediate access to the Deer Park Bypass and the surrounding area comprises a mix of commercial, industrial and residential uses and a strong local workforce with supporting services.

Contact Savills now to secure your parcel.

Property History for 1 Western Hwy, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Listed for Rent
29 Apr 2016
  • 16 Nov 2015
    Listed for Rent - Price not available
  • 18 Aug 2015
    Listed for Rent - Price not available
  • 03 Feb 2015
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 1,321 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 November 2024:

  • The median value for Houses in Ravenhall is $768,924 while the median value for Units is $598,188.
There are currently 7 properties listed for sale, and 14 properties listed for rent in Ravenhall on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Ravenhall.

Suburb Insights for Ravenhall 3023

Market Insights
Ravenhall Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ravenhall Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.