37A Sandhurst Street, Raywood VIC 3570

Vacant block | 3451sqm | residential zone | Raywood growth edge This parcel offers rare scale in a residential zone, giving a buyer positional advantage for a dual-dwelling or large family home with rural buffer. The 3451sqm lot is competitively strong for its size in Bendigo’s fringe, where smaller lots dominate. Fully fenced and with no heritage overlay, it reduces pre-build cost. It best suits a buyer seeking land banking or a custom home with space, not a quick flip. The bushfire overlay adds compliance cost and limits some design options, which may narrow resale appeal. No detected internet connection is a practical risk for remote work. The 2021 sale price of $78,000 sets a known floor, but the off-market status suggests limited urgency from the seller. Opportunity lies in negotiating below that benchmark given the overlay and lack of services. Hold this property for medium-term capital growth tied to Raywood’s proximity to Eaglehawk, or develop once zoning permits higher density.