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

36 Panamax Road
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 206m2
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Property Details for 36 Panamax Rd, Ravenhall

Building Type
Commercial
Land Size
206m2
Local Government
Melton
Lot/Plan
3/PS814038

Last Listing description (May 2023)

Industry Property Group is offering this prime office/warehouse, located just off Ballarat Road, within close proximity to Bunnings Warehouse and Officeworks.
Located nearby to the Western Freeway via a dedicated on-ramp and the Deer Park Bypass, this warehouse is a great opportunity.

This property presents particularly well and offers the following features:

- Office/warehouse
- Office: 49sqm*
- Warehouse: 193sqm*
- Modern double storey office complete with staff amenities
- Heating and cooling split system
- Container Height Electric roller door
- Heigh Clearance Warehouse
- 3* onsite car parks
- Strong business exposure fronting Panamax Road
- Neighbouring blue-chip tenants Bunnings Warehouse and Officeworks

Available in March 2023.

Contact Industry Property Group to arrange an inspection.

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Property History for 36 Panamax Rd, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$810,000
27 Apr 2023
Listed for Rent
$958/w
05 Apr 2023
  • 27 Apr 2023
    Sold for $810,000
  • 10 Feb 2023
    Listed for Rent $50,000 / year
  • 09 Jun 2021
    Sold for $626,000
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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 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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