FOR SALE
$185,000 - $200,000

Gunns Lane
Raywood VIC 3570

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10.25ac
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Rural Holding Ideal for Outdoor Adventures and Equestrian Activities, 10.25 Ac / 4.15 Ha

This location is perfect for those who seek a peaceful country holding, within comfortable driving distance of a regional city centre. It is only a short 15 min drive to Eaglehawk, and a further 15 mins to central Bendigo.
The block is positioned in the quiet and private Cuttings Road which is a no through road; and being a corner block, it also has road frontage to Gunns Lane. The property is midway between the close-knit, friendly, and welcoming communities of Raywood and Sebastian, where residents are united by a common love of all things equine.
The area offers bridle paths and trail rides. You can join the Bendigo Bitless Riding Club, or the Sebastian Harness Racing Club, which are both based at the nearby Sebastian Recreation Reserve.
The 10 acres affords an abundance of space for camping and leisure activities. Space to ride horses, for children to play, and for pets to roam. It is also a perfectly manageable and enjoyable size and is in a beautiful rural setting.
Zoned farming the property is mostly cleared, with shade trees to one corner, a dam and boundary fencing. Your family may wish to use the property as a weekend retreat, or you may choose to supplement your income by offering the property for horse agistment. Please contact the City of Greater Bendigo Planning Team to discuss the possibility of building a shed or dwelling.
It is a short 4 min drive from the property to Raywood township which offers an excellent Railway Station, bus service, Morshead Park recreation reserve and play space, primary school, hotel/pub, post office, service station/garage, seasonal pool, and a golf course.
Directions to the property: travelling from Bendigo along the Bendigo-Pyramid Road, turn left onto Gannaway Road, and continue for 1.6km passing the Sebastian BMX track and the Sebastian Recreation Reserve on your left. Then turn right onto Gunns Lane. Continue for 2.4km and the property will be on your right, with the main gate access via Cuttings Road.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for Gunns Lane, Raywood

Building Type
Land
Land Size
10.25ac

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About Raywood 3570

The size of Raywood is approximately 174.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Raywood in 2011 was 329 people. By 2016 the population was 321 showing a population decline of 2.4% 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 $300 - $449 per month on mortgage repayments. In general, people in Raywood work in a managers occupation. In 2011, 85.4% of the homes in Raywood were owner-occupied compared with 84.5% in 2016..

Raywood has 224 properties. Over the last 5 years, Houses in Raywood have seen a 96.70% increase in median value, while Units have seen a -71.11% decrease. As at 30 September 2024:

  • The median value for Houses in Raywood is $485,939 while the median value for Units is $458,082.
There are currently 3 properties listed for sale, and no properties listed for rent in Raywood on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Raywood.

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Patrick Skahill
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Elders Real Estate Bendigo
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