5 Walhalla Way, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
 
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5 Walhalla Way
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 825m2
Land area: 1133m2
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Property Details for 5 Walhalla Way, Ravenhall

Building Type
Commercial
Floor Size
825m2
Land Size
1133m2
Local Government
Melton
Lot/Plan
63/PS636322

Last Listing description (October 2023)

5 Walhalla Way, Ravenhall is located within proximity to significant amenity including Bunnings and a retail centre. 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 and surrounding suburbs.

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


Property Features:
- Warehouse area of 645sqm
- Office and amenities of 140sqm
- Amenities including showers and kitchenette
- High clearance warehouse space
- 12 car parks on title.

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Property History for 5 Walhalla Way, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$272,000
08 Apr 2014
Listed for Rent
$1.25k/w
08 Feb 2021
  • 03 Aug 2016
    Listed for Sale Not Disclosed
  • 10 Dec 2014
    Listed for Rent $85,000 / year
  • 30 Jul 2014
    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 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.

Disclaimer
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