Raywood suburb profile
Raywood is a small rural town located in Victoria's Loddon Shire, approximately 25km north of Bendigo. Known for its tranquil country atmosphere, Raywood offers a peaceful lifestyle amidst picturesque landscapes. The town is characterized by its close-knit community and agricultural heritage, with farming playing a significant role in the local economy. Raywood provides basic amenities and services, with more comprehensive facilities available in nearby Bendigo. Its serene environment and friendly community make it an appealing choice for those seeking a quieter, rural lifestyle while still being within reach of a regional city.
Raywood property market performance
Raywood’s property market has remained static over the past 12 months, with no change in median house or unit values. The current median house and unit prices are both at $0, indicating a lack of market activity or available data. Only one house was sold in the past year, and no units were sold, reflecting minimal sales activity in the area.
With no recorded median days on market for houses or units over the last three months, it suggests a stagnant market with little to no transactions. Additionally, there has been no change in rental prices for houses or units, with average rents also at $0, further indicating a lack of rental market activity in Raywood.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | N/A | N/A |
Sold Past 3 months | 1 | N/A |
Median days on market Past 12 months | N/A | N/A |
Average rent Past 12 months | N/A | N/A |
Change in rent Past 12 months | N/A | N/A |
Raywood demographics
Raywood, a small rural suburb in Victoria, offers a tranquil lifestyle with a close-knit community feel. With a population of just 329, it is a place where everyone knows their neighbors, fostering a strong sense of community and belonging. The median age of 47 suggests a mature population, with many residents likely enjoying the peace and quiet that comes with country living.
The suburb's family structure is predominantly made up of couple families, with 42.5% having children and 48.3% without. This indicates a balanced mix of young families and older couples who may have grown children. The presence of one-parent families is relatively low at 9.2%, and there are no other family types recorded, highlighting the traditional family setup prevalent in Raywood.
Property ownership in Raywood is notably high, with 48.1% of homes owned outright and another 48.1% owned with a mortgage. This reflects a stable housing market where residents have a strong commitment to their properties. The rental market is minimal, with only 3.8% of properties being rented, suggesting that Raywood is more appealing to those looking to settle down permanently rather than transient renters.
Overall, Raywood offers a serene and stable environment, ideal for those seeking a slower pace of life away from the hustle and bustle of larger cities. Its strong community ties and high property ownership rates make it an attractive option for families and retirees looking for a peaceful place to call home.
Raywood infrastructure, key developments and investment opportunities
Raywood is a small rural township within the City of Greater Bendigo, with limited large-scale redevelopment currently underway, which helps preserve its quiet, village-style character. The most notable recent infrastructure improvement is the project to connect Raywood and nearby Sebastian to the Bendigo water supply system, supporting more reliable services and underpinning long-term residential sustainability and confidence in the area’s housing stock.[7]
Community facilities such as Raywood Hall and local support services continue to play an important role in local amenity and social cohesion, which is attractive to long-term residents and downsizers seeking a close-knit community environment.[1] Beyond these changes to water infrastructure and ongoing community service provision, there are currently no major new transport links, school redevelopments or large-scale commercial projects announced that would significantly alter Raywood’s property market dynamics in the short term.
Raywood rental market trends
The rental market in Raywood, VIC 3570 has remained stable over the past year, with both house and unit rents showing no change. The median rent for both houses and units is currently $0 per week, indicating a unique market situation that may reflect limited rental activity or availability in the area.
Suburbs near Raywood
Some popular suburbs near Raywood include:

