Ravenswood vs Lockwood
Lockwood is the younger of the two, with a median age of 46 against 50 in Ravenswood. In both, the large majority of households own their home and the large majority of homes are detached houses. In Ravenswood, about half of households are couple families. In Lockwood, most households are couple families. Houses cost more in Ravenswood: a median of $970,000, against $786,000 in Lockwood. On these figures, Lockwood tends to suit buyers on a tighter budget.
Which one suits you?
There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.
Families with school-age kids
Lockwood
ahead on the one thing that separates them
- carries lower crime risk (35/100 vs 81/100)
Weighs schools, house stock, crime, parks, childcare, and who already lives there.
First-home buyers
Lockwood
ahead on 2 of the 2 things we measure here
- leaves households under less mortgage stress (18% vs 24%)
- has cheaper houses ($786,500 vs $970,000)
Weighs house prices and mortgage stress.
Renters
Too close to call
Nothing among the 3 things we measure here separates them by enough to be worth acting on.
Weighs rent, rental stress, and how much is for rent.
Commuting to the city
They split
one each way, out of the 3 things we measure here
- Ravenswood sits closer to the CBD (137.4 km vs 146.6 km)
- Lockwood is more walkable (13/100 vs 0/100)
Weighs distance, drive time, and walkability.
Downsizers and retirees
Lockwood
ahead on 2 of the 4 things we measure here
- is more walkable (13/100 vs 0/100)
- carries lower crime risk (35/100 vs 81/100)
Weighs who already lives there, GPs, walkability, and crime.
Investors
Lockwood
ahead on the one thing that separates them
- is growing faster (6.9% vs 1.6%)
Weighs population growth.
Where they sit
Ravenswood and Lockwood drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.
Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.
Side by side, out of 100
Risks are inverted — shown as safety and low exposure — so a longer bar always means better.
Demographics
Lockwood has more residents (806 vs 443); Ravenswood skews older (50 vs 46).
| Ravenswood | Lockwood | |
|---|---|---|
| Population | 443 | 806 +82% vs other |
| Population trend (2016 → 2021) | +1.6% | +6.9% |
| Median age | 50 | 46 |
| Median household income | $95,524/yr +2% vs other | $93,600/yr |
| Median weekly rent | $265/wk | $275/wk +4% vs other |
Age profile
Share of residents in each band, 2021 Census.
Bars are drawn against the largest share shown (17.0%).
Who lives together
Household composition, 2021 Census.
Who owns and who rents
Occupied private dwellings by tenure, 2021 Census.
Qualifications
Highest non-school qualification, residents 15+, 2021 Census.
Bars are drawn against the largest share shown (18.5%).
Where residents were born
Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.
Bars are drawn against the largest share shown (2.7%).
What people live in
Occupied private dwellings by structure, 2021 Census.
Property market
| Ravenswood | Lockwood | |
|---|---|---|
| Median house price | $970,000 | $786,500 |
| Median unit price | — same for both | |
| Median land price | — same for both | |
Zoning mix
Ravenswood has more rural and farming land (96% vs 71%).
| Ravenswood | Lockwood | |
|---|---|---|
| Rural and farming | 96% | 71% |
| Parks and recreation | 0% | 27% |
| Infrastructure and transport | 4% | 2% |
| Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09. | ||
Development activity
| Ravenswood | Lockwood | |
|---|---|---|
| New dwellings approved | 885 across Greater Bendigo same for both | |
| Approvals change year on year | +28% same for both | |
Ranking within VIC
| Ravenswood | Lockwood | |
|---|---|---|
| House price | — same for both | |
| Income | Higher than 66% of VIC | Higher than 63% of VIC |
| Schools | — same for both | |
| Walkability | Higher than 30% of VIC | Higher than 74% of VIC |
| Affordability | — same for both | |
| EV adoption | Higher than 33% of VIC | Higher than 55% of VIC |
| NBN connectivity | Higher than 58% of VIC | Higher than 53% of VIC |
Liveability
Lockwood is more walkable (13 vs 0).
| Ravenswood | Lockwood | |
|---|---|---|
| Grade | — | B |
| Score | — | 56/100 |
| Socio-economic band | advantaged area decile 7/10 | mid-range socio-economic decile 6/10 |
Risk profile
Ravenswood carries more flood risk (36 vs 0); Ravenswood carries more bushfire risk (11 vs 0).
| Ravenswood | Lockwood | |
|---|---|---|
| Bushfire | Low 11/100 | None 0/100 |
| Crime | High 81/100 | Low 35/100 |
| Flood | Low 36/100 | None 0/100 |
| Coastal erosion | None 0/100 same for both | |
| Aircraft noise | None 0/100 same for both | |
| Industrial facilities nearby | 0 within 5 km | 6 within 5 km |
Schools
| Ravenswood | Lockwood | |
|---|---|---|
| Inside the suburb | 0 | 1 |
| Rated above peers | 0 same for both | |
| Rated at peers | 0 same for both | |
| Rated below peers | 0 | 1 |
Schools in Ravenswood
No schools recorded inside this suburb's boundary. Children here will be zoned to schools nearby.
Schools in Lockwood
- Lockwood Primary School Government · Primary below peers
Amenities in the suburb
| Ravenswood | Lockwood | |
|---|---|---|
| Parks & reserves | 1 | 0 |
| Childcare | 0 | 1 |
| Fuel stations | 1 | 0 |
| Waterways | 12 | 0 |
Mobility
Lockwood sits further from the CBD (146.6 km vs 137.4 km).
| Ravenswood | Lockwood | |
|---|---|---|
| Walkability score | 0/100 | 13/100 |
| Distance to Melbourne | 137.4 km | 146.6 km +7% vs other |
| Drive time (normal traffic) | 98 min | 102 min |
| Electric vehicle share | 0.4% postcode 3453 | 0.6% postcode 3551 |
| Rooftop solar per 100 dwellings | 72 postcode 3453 | 64 postcode 3551 |
How people get to work
Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.
Bars are drawn against the largest share shown (77.7%).
Setting
| Ravenswood | Lockwood | |
|---|---|---|
| Elevation | 292 m above sea level, at the suburb centre | 230 m above sea level, at the suburb centre |
NBN connectivity
| Ravenswood | Lockwood | |
|---|---|---|
| Connectivity score | 30/100 same for both | |
| Most common technology | Fixed wireless same for both | |
| Full-fibre (FTTP) share | 0% 185 premises | 0% 308 premises |
Climate
| Ravenswood | Lockwood | |
|---|---|---|
| Annual rainfall | 598 mm same for both | |
| Summer max (Jan) | 27.9°C same for both | |
| Winter min (Jul) | 3.7°C same for both | |
Council rates
| Ravenswood | Lockwood | |
|---|---|---|
| Average residential rate | $1,949/yr same for both | |
| Council | Greater Bendigo same for both | |
Federal electorate
| Ravenswood | Lockwood | |
|---|---|---|
| Division | Bendigo same for both | |
| Member | Lisa Chesters same for both | |
| Party | Australian Labor Party same for both | |
First Home Owner Grant
| Ravenswood | Lockwood | |
|---|---|---|
| Grant amount | $10,000 same for both | |
| Property price cap | $750,000 same for both | |
| Eligibility | New same for both | |
Tags
More comparisons
Other comparisons with Ravenswood
Other comparisons with Lockwood
Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.