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Lockwood, Greater Bendigo: house prices, rent and what to check before you buy

Valuer-General Victoria doesn't report a median house or unit price for Lockwood: too few sales. Median rent: $275 a week (ABS Census 2021, older than the price figures). Postcode 3551.

What stands out: A bushfire overlay covers 72% of the suburb's land (Vicmap Planning).

Page updated

Median rent
$275/wk
Census 2021 (older)
Census 2021 median, all rented homes
Four years older than the price figures; not directly comparable.
ABS Census 2021
Planning risk
Flood 0% Very lowBushfire 72% Very highHeritage 0% Very low
share of suburb land area
1 suburb-specific overlay to check
Vicmap Planning
Getting around
7.3 km to nearest station
4 zoned primary, 2 secondary schools
PTV timetable data · Victorian Department of Education school zones

Check an address in LockwoodCompare with another suburb

Lockwood is a small community with a median age of 46, more socio-economically advantaged than most areas on the ABS's SEIFA index. Housing here is overwhelmingly standalone houses. The area is still light on cafés, shops and other everyday amenity. It's not served by train or tram. House sales here are too infrequent for a reliable median — see the unit and land figures below.

Ready to look at a specific property here? See the due diligence hub for what to verify before you sign.

Scope: Victoria, Australia. Suburb data here is Victorian (state valuer, rental, planning and school records); regional Victoria comparison group.

In this profile

  • Planning and riskZones, overlays, flood and bushfire, and what is planned nearby, with an address check.
  • Prices and rentsMedian prices and rents, how they have moved, and sales volume.
  • SchoolsThe government school zones that cover the suburb.
  • Living hereTransport, commute times, who lives here and the suburbs nearby.
  • Before you buyThe checks every purchase needs, common questions and guides.

Next: Planning and risk

Risk and planning in Lockwood

Lockwood has relatively light heritage-overlay coverage (about 0%), though it can still apply to individual parcels. A Bushfire Management Overlay affects about 72% of the area.

Suburb-wide shares of the land, not a check of any one address.

Flood overlay0% · Very low

Flood-related overlays can add building rules and raise insurance cost.

Share of the suburb. Source: Vicmap Planning · Verify this address

Bushfire overlay72% · Very high

If it applies it adds bushfire construction requirements (a BAL rating) and cost.

Share of the suburb. Source: Vicmap Planning · Verify this address

Bushfire prone area100% · Very high

In a designated bushfire prone area a minimum construction standard applies to new homes, based on the bushfire attack level (BAL). (Department of Transport and Planning (Victoria), verified 22 Oct 2026) So building or rebuilding there means working out the home’s BAL and pricing in what meeting it costs.

Share of the suburb. Source: Designated Bushfire Prone Area (DataVic) · Verify this address

Heritage overlay0% · Very low

Changes to the outside of a building, and demolition, need council approval. 2 named overlay areas (HO713, HO530) — oldest gazetted 2001.

Share of the suburb. Source: Vicmap Planning · Verify this address

Worth checking in Lockwood

Bushfire Management Overlay

A Bushfire Management Overlay affects ~72% of Lockwood. If it applies, it drives bushfire construction requirements (BAL rating) and cost.

Free. Zone, overlays, hazard exposure, history and school zones for any address in Victoria.

Zoning mix and building controls

Land use across the suburb (planning zones)

Rural / Green 71%Public / Parks 27%
Zoning
Rural / Green
mostly Farming Zone – Schedule 1 (FZ1) · 43% of the suburb
Building & development controls

Planning overlays that can affect building, renovating or removing vegetation somewhere in Lockwood — confirm whether any apply to the specific address.

  • Vegetation Protection Overlay — a permit is needed to remove or lop protected trees
  • Environmental Significance Overlay — environmental values that constrain development
Planning changes in Lockwood: none recorded since 2017

No zone changes or new planning overlays have been recorded on land in Lockwood since 2017 — its planning rules have stayed put over the period we track. That stability is itself worth knowing.

Source: Vicmap Planning Scheme History (2017–present). How Melbourne’s zoning actually changed over the decade →

Skip the map
Map of Lockwood: suburb boundaryOutline drawn from the same boundary data as the interactive map.

  • Suburb
Layers on this map, as a table
Layers drawn on the map of Lockwood
LayerShare of suburbSource
Suburb boundaryThe whole suburbABS SAL 2021
Suburb boundary. Map © OpenStreetMap contributors.

Overlay colours reflect how much of the suburb an overlay covers — green under ~8%, amber ~8–20%, red above 20%. Public-acquisition, contamination (EAO) and floodway overlays are listed above under "Worth checking" wherever they apply, because even a small area can include a specific property. Source: Vicmap Planning. What do these terms mean? · How to verify planning controls for an address

Watch Lockwood for planning changes

Email me when a planning zone or overlay changes for Lockwood VIC. Free, double opt-in, unsubscribe anytime.

Free. No spam. One email per gazetted change.

Next: Prices and rents

Cost and market in Lockwood

Lockwood has too few recorded sales for a reliable median. Typical rent is $275/wk (Census 2021).

Show recorded crime and amenity-density comparisons
Compare Lockwood with
Recorded crime (council area)
lower recorded crime than 30%
Café & amenity density
denser in cafés & shops than 1%
Café & amenity density
denser in cafés & shops than 1%

Next: Schools

Schools

Parts of Lockwood fall within 4 primary and 2 secondary government school catchments. 1 school is located within the suburb (1 government).

Government schools have address-based catchment zones; Catholic and independent schools set their own enrolment processes.

How the school zones cover Lockwood
Share of Lockwood's addresses inside each zone, the school's enrolment trend and how often the zone boundary has moved.
ZoneCoversEnrolmentsBoundary
Primary school zones
Lockwood Primary School83%——
Lockwood South Primary School16%——
Secondary school zones
Bendigo Senior Secondary College100%——
Crusoe 7-10 Secondary College100%——
Sources: Victorian Department of Education school zones 2027 and earlier releases, All Schools FTE Enrolments (CC BY 4.0), G-NAF addresses. Enrolments show demand, not capacity. Your exact address decides which zone applies.
Schools in Lockwood
Every school physically located within the suburb, by sector and type.
Lockwood Primary School · Government primary

Next: Living here

Getting around from Lockwood

no train, tram or bus stops sit inside the suburb (PTV timetable data).

Getting around
0 train · 0 tram · 0 bus
nearest train station ~7.3 km · counts are stop points, not stations (a station is often several)
Train frequency
every 24 min
at the nearest station, weekday AM peak
Tram frequency
every 4 min
at the nearest stop, weekday AM peak
Schools
1
primary & secondary
Nearest Centrelink
~12 km
outside the suburb
Everyday amenity (OpenStreetMap)
Cafés & amenity density
0 cafés
Low café & amenity density — likely more car-dependent
Restaurants
0
places to eat nearby
Supermarkets
0
grocery stores nearby
Pharmacies
0
chemists nearby
Parks
0
green space nearby
Childcare
0
centres nearby
GP & medical centres
0
nearby

Who lives in Lockwood

— 806 residents · median age 46 · 85% own their home · SEIFA 7/10
Population
806
usual residents (Census 2021)
Owner-occupied
85%
85% own, 3% private rent, 0% social, 12% other or not stated
Median age
46 yrs
of residents
Personal income
$697/wk
median, per week
Household income
$1,800/wk
median, per week
Avg household size
2.8 people
people per home · 83% family households
Monthly mortgage
$1,408/mo
median repayment
Taxpayer income
$57,335/yr
median taxable income, per year (ATO)
Population growth
no data
Recorded crime
104 per 1,000 residents
a year, across all of Greater Bendigo council, not just Lockwood · higher than most VIC councils

In Lockwood itself: 56 recorded offences in the year to 2026 (Crime Statistics Agency, matched by suburb name and postcode — a closer figure than the council-wide band above, though still a count, not a rate per resident).

Offence category mix (Greater Bendigo council's mix, latest year):

  • Property and deception offences41%
  • Justice procedures offences26%
  • Crimes against the person22%
  • Drug offences5%
  • Public order and security offences5%
  • Other offences0%

Recorded offences by year, Lockwood (up 93% since 2019):

YearOffences
201929
202029
202120
202224
202324
202419
202529
202656
How Lockwood changed, 2016 to 2021
  • Median household incomeup 23%
  • Median personal incomeup 21%
  • Median weekly rentup 50%
  • Median ageolder by 3 years
ABS Census of Population and Housing 2016 and 2021, medians for the suburb (CC BY 4.0). Dollar changes are not adjusted for inflation.

How advantaged the area is

Deciles 1–10 vs all Victorian areas — 10 = most advantaged — from the ABS SEIFA index. A demographic measure, not a house-price one. These three don’t always move together — a suburb with lots of renters or students, for example, can score high on education but lower on income and housing costs.

Overall advantage
7/10
More advantaged than most
Economic resources
8/10
income, housing costs & wealth
Education & occupation
5/10
qualifications & skilled jobs

The homes here

Mix of dwelling types across the suburb (Census 2021)

Houses 100%Townhouses 0%Apartments 0%

Who owns and rents here (Census 2021)

Owned 85%Private rental 3%Social housing 0%Other or not stated 12%
More detail on building height and bedroom mix (Census 2021)

Bedroom mix (share of all occupied dwellings):

  • Studio or 1 bedroom: 4%
  • 2 bedrooms: 5%
  • 3 bedrooms: 42%
  • 4 or more bedrooms: 47%

Not sure whether a house, townhouse or apartment suits you? Decide what to buy →

Recorded crime is a council-wide rate — every offence police logged over the latest year (theft, property damage, drug and traffic offences and the like, not only violent crime) divided by the council’s residents. A broad area signal, not a figure for this exact street.
All figures are suburb-level indicators, not property-specific — always confirm the exact address on the Section 32. Sources: ABS Census 2021, Valuer-General Victoria, DFFH Rental Report, Crime Statistics Agency Victoria, Vicmap Planning, Victorian Government UDP, Victorian Department of Education (schools & zones, via data.vic, CC BY 4.0), OpenStreetMap.

Suburbs near Lockwood

The 6 closest suburbs with a Delora page, by distance between suburb centres.

All suburbs in Greater Bendigo →   Browse all suburbs →

Next: Before you buy

Before you buy in Lockwood

Overlay and pipeline checks specific to Lockwood are in the Planning and risk tab. Two checks apply to every purchase.

C1

Easements & covenants

Check Section 3 for easements (e.g. drainage/sewer along a boundary — you usually can’t build over them) and restrictive covenants (single-dwelling, materials, height) that limit your plans.

C2

Owners corporation (if applicable)

Apartments and many townhouses in Lockwood are in an owners corporation. If so, the statement must include its certificate — review annual fees, any special levies, the maintenance fund and insurance.

Already under contract in Lockwood?

Questions about Lockwood

What postcode is Lockwood?

Lockwood is in postcode 3551, in the Greater Bendigo council area, Victoria.

What is the population of Lockwood?

Lockwood had 806 usual residents at the 2021 Census (ABS), with a median age of 46.

Is Lockwood in a flood zone?

Less than 1% of Lockwood's land is under a flood-related planning overlay (LSIO, SBO or floodway), and about 72% is under the Bushfire Management Overlay (Vicmap Planning). These are suburb-wide shares: whether an overlay applies to one property depends on the address, so check it on VicPlan and in the Section 32.

Show all 4 more questions
What should I check in a Section 32 for Lockwood?

For Lockwood, pay particular attention to any heritage overlay (none mapped at suburb level — check the specific parcel), any flood-related overlay (less than 1% of the land), easements and restrictive covenants on the title, and — for apartments — the owners-corporation certificate with its fees and any special levies.

Does Lockwood have heritage overlays?

No heritage overlay coverage was mapped for Lockwood at the suburb level. That doesn't rule out an individually heritage-listed property or a Heritage Overlay on a specific parcel — check the planning section of the Section 32 for this address.

How is Lockwood zoned?

Most of Lockwood (43% of the land) is in the Farming (FZ1), then RLZ5 (28%) and PCRZ (27%) (Vicmap Planning). The zone and its schedule set what can be built; check the exact zone for an address on VicPlan.

Which school zones cover Lockwood?

Parts of Lockwood are in the government school zones for primary: Big Hill Primary School, Kangaroo Flat Primary School, Lockwood Primary School, Lockwood South Primary School; secondary: Bendigo Senior Secondary College, Crusoe 7-10 Secondary College (Victorian Department of Education school zones). A suburb can span several zones: the exact address decides which applies, so confirm it at findmyschool.vic.gov.au.

Guides for buying in Lockwood

The heritage, flood and bushfire figures in Planning and risk are suburb-wide — they tell you how common an overlay is here, not whether it applies to one specific address. Confirm via VicPlan and an in-person inspection before you rely on them.

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