5 Independent Way, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

5 Independent Way
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2174m2
Land area: 1755m2
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Property Details for 5 Independent Way, Ravenhall

Building Type
Commercial
Floor Size
2174m2
Land Size
1755m2
Local Government
Melton
Lot/Plan
5/PS623483

Last Listing description (October 2023)

CBRE is pleased to offer 5 Independent Way, Ravenhall, available for sale or lease.

Features include:

- Corporate air-conditioned offices over two levels: 234sqm*
- High clearance clear span warehouse: 1,092sqm*
- Securely fenced yard
- Dual container height roller shutter doors
- Staff amenities including lunch room
- Located only minutes from Robinsons Road freeway access.
- Available now.

This position offers excellent linkages to Melbourne's CBD, port and airport.

Property History for 5 Independent Way, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$289,575
13 Nov 2012
Listed for Rent
$1.63k/w
04 Feb 2021
  • 23 Sep 2019
    Listed for Rent - Price not available
  • 08 Jul 2019
    Listed for Rent - Price not available
  • 23 Apr 2019
    Listed for Sale Not Disclosed
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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.

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.