Raywood real estate
A small rural township north of Bendigo on the Swan Hill railway line, the most northerly of the goldfields in the Bendigo-Whipstick forest area.
The suburb
Nil Desperandum gold and a reopened station
Raywood grew from an alluvial gold find in 1863 by a miner from the Sebastian diggings, with quartz reefs found the following year. The most productive was the Nil Desperandum. Earlier called Thunder Plains, Raywood was proclaimed a borough in 1865, when it had seven hotels and a bank branch. The railway to Bendigo arrived in 1882. Hugh Victor McKay, creator of the Sunshine Harvester, was born here in 1865.
Today Raywood is a minor district centre in mainly flat, open country, with farming based mainly on sheep grazing and cereals. The township has a hotel, general store, butcher, motor garage, golf club, swimming pool, recreation reserve, Anglican, Catholic and Uniting churches and the soldiers’ memorial hall built after World War I. Raywood Primary School is a small rural school and the Bendigo Gliding Club is based in Raywood.
Raywood station on the V/Line Swan Hill line reopened on 17 July 2022 under Regional Rail Revival, after passenger services stopped in 1981. Eaglehawk and Dingee are the neighbouring stations. Between 2010 and 2013 the Sebastian-Raywood pipeline delivered a secure water supply to residents. Sprinter John Donaldson, known as the Blue Streak, was also born at Raywood, in 1886.
- Council
- City of Greater Bendigo
- From our office
- About 25 km
- Population (2021 Census)
- 329
- Median age
- 47
Schools in Raywood
- Raywood Primary School (small rural school, 33 pupils in 2014 per Victorian Places)Government primary (education.vic.gov.au contact)
Map data © OpenStreetMap contributors.
The market
Prices and rents in Raywood
There were too few house sales in Raywood in 2025 for the Valuer-General to publish a suburb median. For a price on a home here, a free appraisal uses the actual recent sales nearby.
Sale prices: Valuer-General Victoria, Victorian Property Sales Report, houses and units by suburb 2015 to 2025. Rents: Homes Victoria Rental Report, June quarter 2026, median of new bonds lodged. Both CC BY 4.0. Medians are a guide, not an appraisal of any home.
The people
Who lives in Raywood
- Owned outright45.1%
- Owned with a mortgage45.1%
- Rented3.5%
Source: Australian Bureau of Statistics, 2021 Census of Population and Housing, Raywood (Suburbs and Localities). © Commonwealth of Australia, CC BY 4.0. Shares are of occupied private dwellings and may not add to 100% where households did not say.
Buying and renting
Homes for sale and rent in Raywood
See every home we have for sale across Greater Bendigo on our houses for sale page, or every home for lease on our rentals page. Tell us what you are after and we will let you know when the right one comes up, often before it is advertised.
Selling or leasing
Selling in Raywood
Buyers in Raywood are weighing up township living in a small rural centre against farming land in the flat, open country around it. The reopened railway station on the Swan Hill line is worth factoring in. We price from recent sales nearby and talk you through them before you decide anything.
Questions
About Raywood
Nearby suburbs
What is the median house price in Raywood?
There were too few house sales in Raywood in 2025 for the Valuer-General Victoria to publish a suburb median. A free appraisal from PH Property will give you a price range based on recent sales nearby.
How much does it cost to rent a house in Raywood?
Three bedroom houses in the Greater Bendigo leased for a median of $510 a week (June quarter 2026), from the Homes Victoria Rental Report.
Are you a real estate agent in Raywood?
Yes. PH Property sells and leases homes across the City of Greater Bendigo, including Raywood, from our office at A5/8-16 Rohs Road, East Bendigo.
Is there a train station in Raywood?
Yes. Raywood station on the V/Line Swan Hill line reopened on 17 July 2022, after passenger services stopped in 1981.
What’s your Raywood home worth?
A free appraisal from a local agent, priced from real recent sales near you.