47-49 Westwood Drive, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

47-49 Westwood Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1620m2
Land area: 11745m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 47-49 Westwood Dr, Ravenhall

Building Type
Land
Floor Size
1620m2
Land Size
11745m2
Local Government
Melton
Lot/Plan
15/PS346530

Last Listing description (October 2023)

High Exposure site - DEVELOP OR OCCUPY

We are thrilled to present an exclusive opportunity brought to you by The Agents Commercial. For the very first time, we introduce 47-49 Westwood Dr, Ravenhall, available for sale through expressions of interest.

This prime corner site, connected to Westwood Drive, holds a strategic location at Ravenhall's busiest intersection.

You have two enticing options: either subdivide and develop multiple warehouses (subject to council approval), or acquire the property with the existing truck wash shed.

Situated amidst a vibrant commercial precinct, the site benefits from the ongoing development of new residential areas in the surrounding suburbs of Caroline Springs, Deer Park, Derrimut, and Truganina.

Key features of the site include:

Option 1 : Site area: 3,843sqm*
Option 2 : Site Area: 5,400sqm*
Option 3 : Site Area : 11,700sqm*

Convenient access via Fuller Road
Zoned as Industrial 3, allowing for diverse applications
Unparalleled corner position, maximizing exposure
Main road location, easy access to Western Hwy & Ring Road
Suitable for a wide range of commercial and industrial purposes (subject to council approval)

To learn more about this exceptional opportunity, please reach out to to exclusive agents Sam at 0412 387 358 or Swarit at 0410 566 196 today!

Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Interested parties should conduct their due diligence prior to making any submissions.
*(approx)

Property History for 47-49 Westwood Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Transferred
01 Jan 2003
  • 06 Jun 2023
    Listed for Sale Contact Agent
  • 14 Jul 2011
    Listed for Sale Not Disclosed
  • 01 Jan 2003
    Transferred
Commute Calculator

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 1,349 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 May 2026:

  • The median value for Houses in Ravenhall is $771,600 while the median value for Units is $881,187.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Ravenhall on OnTheHouse. According to Cotality's data, 32 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.