22 Panamax Road, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

22 Panamax Road
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1300m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 22 Panamax Rd, Ravenhall

Building Type
Commercial
Land Size
1300m2
Local Government
Melton
Lot/Plan
78/PS636322

Last Listing description (August 2021)

CBRE is delighted to offer, for lease, 22 Panamax Road, Ravenhall. The property is directly opposite from Bunnings, located in the centre of the Ravenhall/Caroline Springs commercial estate.

The property benefits from its ease of access to the Western Freeway on-ramp, just metres away, providing an efficient route to the CBD, Port of Melbourne, Airport, Melton/Ballarat and surrounding suburbs.


The surrounding area comprises a mix of commercial, industrial and residential uses, and a strong local workforce with supporting services.

Key property features include:
+ Total area: 930sqm*
+ Prominent site opposite Bunnings
+ Clear span high clearance warehouse
+ Office and amenities over two levels
+ Container height RSD
+ Alucobond and glass office facade
+ Ample on-site parking and yard

Location highlights:
+ 30 metres* to Bunnings
+ 200 metres* to Ballarat Road
+ 900 metres* to Western Freeway on-ramps
+ 18km* to Port of Melbourne
+ 19km* to airport
+ 20km* to CBD

For further information or to arrange an on-site inspection, please contact the CBRE team.

*approximate.

Property History for 22 Panamax Rd, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$214,434
11 Feb 2010
Listed for Rent
$1.15k/w
09 Aug 2021
  • 23 Sep 2019
    Listed for Rent - Price not available
  • 27 Jun 2019
    Listed for Rent - Price not available
  • 07 Jan 2019
    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 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 couples with children and are likely to be repaying over $4000 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 1,346 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 January 2026:

  • The median value for Houses in Ravenhall is $869,619 while the median value for Units is $822,403.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Ravenhall on OnTheHouse. According to Cotality's data, 26 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
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.