5/89 Eucumbene Drive, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
 
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5/89 Eucumbene Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 387m2
Land area: 389m2
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Property Details for 5/89 Eucumbene Dr, Ravenhall

Building Type
Commercial
Floor Size
387m2
Land Size
389m2
Local Government
Melton
Lot/Plan
5/PS748359

Last Listing description (November 2023)

Located within booming industrial estate in Ravenhall, this property has premium office fit/warehouse presents a rare opportunity to purchase an existing industrial facility ready for immediate occupation. Great access to major arterial roads such the Western Freeway, Ballarat Road and Deer Park Bypass, also providing direct access to The Port of Melbourne (15km), Melbourne Airport (13km) and The Melbourne CBD (19km).

The property also benefits from its proximity to the dense industrial and residential catchments of Ravenhall and Caroline Springs and surrounding amenity including Bunnings Caroline Springs and the Burnside Hub Shopping Centre, making it particularly appealing to thriving businesses, owner occupiers and investors within the area.

Key features include:

Total building area 460sqm*
Architecturally designed for a variety of occupiers and uses
Container high r/door.
Clear span and fully functional warehouse
Impeccable amenity
Two-story office/mezzanine area
Secure gated with on-site parking
Extensive security & CCTV
3 phase power supply
Air conditioning/heating included
Flexible Industrial 3 Zoning
Available now!

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Property History for 5/89 Eucumbene Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$1,540,000
27 Apr 2023
Listed for Rent
$33k/w
25 Aug 2020
  • 27 Apr 2023
    Sold for $1,540,000
  • 28 Feb 2023
    Listed for Sale $1,450,000
  • 18 Aug 2020
    Sold for $550,000
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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 9 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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