Raywood, a small yet charming suburb located in the Greater Bendigo region of Victoria, offers a serene lifestyle surrounded by nature and a strong sense of community. Its close proximity to Bendigo allows residents to enjoy suburban tranquility while still having access to urban amenities. This guide highlights the best residential areas within Raywood, detailing their characteristics, housing options, and average prices.
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Raywood East

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Raywood East offers spacious properties and a friendly neighbourhood atmosphere. It's perfect for families looking for larger residences with a focus on outdoor living.
Characteristics of the Raywood East
* Culture: Community-oriented with local events and family gatherings
* Transportation: Well-connected with bus services to Bendigo and nearby suburbs
* Services: Local shops, schools, and recreational facilities
* Environment: Relaxed and family-friendly
Housing Options in the Raywood East
Single-family homes, larger blocks with potential for gardening
Average Home Prices in the Raywood East
* Buying: $400,000 – $550,000
* Renting: $1,200 – $1,600/month
Raywood West

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This area is known for its spacious estates and rural charm. Residents can enjoy a tranquil lifestyle while still being close to major transport routes.
Characteristics of the Raywood West
* Culture: Rural lifestyle with focus on agriculture and nature
* Transportation: Access to major roads and public transport links
* Services: Nearby parks, schools, and basic shopping amenities
* Environment: Peaceful with a connection to nature
Housing Options in the Raywood West
Acreage homes, ranch-style houses
Average Home Prices in the Raywood West
* Buying: $450,000 – $600,000
* Renting: $1,300 – $1,800/month
Raywood Village

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Raywood Village is the hub of local activity, featuring community events and gatherings. This area is ideal for those who enjoy a vibrant community setting.
Characteristics of the Raywood Village
* Culture: Active community life and frequent local events
* Transportation: Good connectivity to nearby towns and cities
* Services: Essential amenities and community centre
* Environment: Lively and community-oriented
Housing Options in the Raywood Village
Townhouses, apartment complexes
Average Home Prices in the Raywood Village
* Buying: $350,000 – $450,000
* Renting: $1,000 – $1,400/month
Raywood Heights

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This suburb is perfect for those looking for a quieter lifestyle without sacrificing convenience. It features beautiful views and close-knit communities.
Characteristics of the Raywood Heights
* Culture: Fostering friendly neighbourly relationships and outdoor activities
* Transportation: Limited public transport; car recommended for accessibility
* Services: Grocery stores and essential services nearby
* Environment: Quiet, with a focus on nature
Housing Options in the Raywood Heights
Single-family homes, lifestyle properties
Average Home Prices in the Raywood Heights
* Buying: $420,000 – $560,000
* Renting: $1,200 – $1,600/month
Bendigo Road Area

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Located along the main road, this area provides excellent accessibility for those commuting to Bendigo or beyond. It's popular among professionals and families alike.
Characteristics of the Bendigo Road Area
* Culture: Dynamic atmosphere with a blend of residential and commercial spaces
* Transportation: Convenient access to public transport and main roads
* Services: Multiple shopping options, schools, and health services
* Environment: Bustling yet welcoming
Housing Options in the Bendigo Road Area
Family homes, units, duplexes
Average Home Prices in the Bendigo Road Area
* Buying: $390,000 – $520,000
* Renting: $1,100 – $1,500/month
Eaglehawk and Surrounds

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Adjacent to Raywood, Eaglehawk offers a mix of suburban and countryside living, attracting those who enjoy open space and recreational activities.
Characteristics of the Eaglehawk and Surrounds
* Culture: Outdoor and rural lifestyle with an active community
* Transportation: Good transport links to both Bendigo and Raywood
* Services: Multiple parks, schools, and community facilities
* Environment: Family-friendly and active
Housing Options in the Eaglehawk and Surrounds
Houses, townhouses, rural properties
Average Home Prices in the Eaglehawk and Surrounds
* Buying: $420,000 – $580,000
* Renting: $1,200 – $1,600/month
Frequently Asked Questions About the Best Residential Areas in Raywood:
The best residential areas in Raywood are Raywood East, Raywood West, Raywood Village, Raywood Heights, Bendigo Road Area, and Eaglehawk and Surrounds.
Raywood East and Raywood Village are popular choices for families due to their spacious properties and community facilities.
Raywood offers a mix of single-family homes, townhouses, and units across its various suburbs.
Raywood has access to limited public transport services, with bus connections available to Bendigo and surrounding areas.
The average rental prices in Raywood fluctuate between $1,000 and $1,800 per month, depending on the area and property type.
The average home buying prices in Raywood range from $350,000 to $600,000, based on the suburb and property condition.
Raywood has shown consistent capital growth and offers an attractive investment opportunity for potential buyers.
Residents have access to schools, local shops, parks, and community centres within Raywood and nearby Eaglehawk.
Raywood boasts a friendly, welcoming community, often engaging in local events and activities for residents.
Yes, Raywood is served by local primary schools and is in close proximity to secondary schools in neighbouring suburbs.
Conclusion on the Best Residential Areas in Raywood:
Raywood, with its picturesque surroundings and strong community spirit, offers a variety of residential options that cater to different lifestyles and preferences. From family-friendly neighbourhoods like Raywood East to the vibrant atmosphere of Raywood Village, there's something for everyone. Whether you appreciate the tranquility of Raywood West or the convenient location of the Bendigo Road Area, you’ll find quality properties that suit your needs. For first-home buyers or investors, Raywood presents a unique opportunity to engage with a developing suburban community, making it an appealing place to call home.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.