1/1037-1043 Western Highway, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

1/1037-1043 Western Highway
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1766m2
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Property Details for 1/1037-1043 Western Hwy, Ravenhall

Building Type
Commercial
Land Size
1766m2
Local Government
Melton
Lot/Plan
2/PS612218

Last Listing description (February 2023)

Rutherfords are pleased to present 1/1037-1043 Ballarat Road, Ravenhall to the market for lease.

This main road, high exposure facility is the perfect location for trade sales, or any organization looking for that extra exposure to thousands of passing cars daily. The building contains two container height roller doors for seamless movement within, while there has also been a recent office refurbishment only adding to the appeal of the site.

Building Size: 1,032m2

Property Features:
- Terrific passing exposure to Ballarat Road
- Expansive warehousing opportunity
- Surrounded by other high profile occupiers
- Close access to arterials
- Office, showroom and kitchen facilities
- Recent office refurbishment
- Plenty of on-site parking
- Flexible terms available

Contact Michael Tozer on 0408 018 455 today for more information or to inspect!

Disclaimer:
All sizes are approx

Property History for 1/1037-1043 Western Hwy, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Listed for Rent
$2.79k/w
24 Feb 2023
  • 04 Jul 2022
    Listed for Rent - Price not available
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About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. There are 6 parks, covering nearly 8.5% of the total area. The population of Ravenhall in 2016 was 1157 people. By 2021 the population was 2295 showing a population growth of 98.4% in the area during that time. The predominant age group in Ravenhall is 30-39 years. Households in Ravenhall are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ravenhall work in a sales workers occupation.In 2021, 100.00% of the homes in Ravenhall were owner-occupied compared with 75.00% in 2016.

Ravenhall has 1,351 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 31 July 2026:

  • The median value for Houses in Ravenhall is $834,332 while the median value for Units is $666,187.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Ravenhall on OnTheHouse. According to Cotality's data, 33 properties were sold in the past 12 months in Ravenhall.

Suburb Insights for Ravenhall 3023

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.