This rural fringe property has character and charm and a sense of peace set back from the road on the edge of town, yet only 20 minutes to Bendigo. The original weather board miners cottage needs to be extensively refurbished and is open plan throughout. Two bedrooms at the front and combined lounge/meals area at rear. Town water, septic, power, phone, LPG bottle gas, hot water service, gas stove, separate one bed bungalow that has been part completed, elaborate poultry coup and an established olive grove completes the house block. Adjoining the house block is another block approx three acres with more olive trees, catchment dam, timber pier and large BBQ pergola. The land overlooks the sports ground which further enhances the cottage block as a restful getaway or permanent home. Further refurbishment and ground maintenance is needed to fully enjoy this small slice of heaven.
The size of Raywood is approximately 174.3 square kilometres. There is 1 park, covering nearly 0.1% of the total area. The population of Raywood in 2016 was 318 people. By 2021 the population was 329 showing a population growth of 3.5% in the area during that time. The predominant age group in Raywood is 60-69 years. Households in Raywood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raywood work in a managers occupation.In 2021, 90.20% of the homes in Raywood were owner-occupied compared with 84.50% in 2016.
Raywood has 227 properties. Over the last 5 years, Houses in Raywood have seen a 53.21% increase in median value, while Units have seen a -61.85% decrease. As at 30 April 2026:
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