Raywood

Raywood is a small suburb with a population of 329 residents. The age distribution is diverse, with a significant number of residents aged between 45 to 64 years. The median household income is moderate, and residents have various commuting options, with a notable percentage working from home. The suburb has a mix of occupations, with managers, technicians, and labourers being the prominent groups. Raywood presents opportunities for property investors interested in houses. The suburb has shown strong growth in median house prices over the past few years, indicating a potential for capital appreciation. With a low discount median and a short median days on market, there is a high demand for houses in Raywood. Additionally, the suburb's high online search interest suggests continued interest from potential buyers. Raywood, VIC 3570, is a small suburb experiencing steady population growth. It offers a mix of housing options, with a focus on potential investment opportunities in houses. The suburb's strong market performance and high buyer demand indicate a promising outlook for both homebuyers and property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022