Lockwood VIC 3551
Lockwood is a rural locality in Victoria, 147 km from Melbourne CBD, around 1 hour 40 minutes by car. Population is 806; the median age is 46 and the median household income is $93,600 per year. On socioeconomic measures it sits in the middle range nationally. Population grew 6.9% from 2016 to 2021. The 2021 Census recorded a median rent of $275 per week and a median monthly mortgage of $1,408. The area shows no recorded bushfire exposure and no recorded flood exposure. 1 school sits within the locality boundary, and walkability is low.
Is Lockwood a good place to live?
Lockwood scores a B (56/100) on SuburbScan's Liveability grade — strong on safety, weaker on transit.
Mixed results
1 school
Car-dependent
Walkability 13/100 · 146.6 km · 102 min drive to Melbourne
Median available
Median $786K
Low all-round risk
Fire 0/100 · Crime 35/100 · Flood 0/100
Mid-range socio-economic
SEIFA decile 6/10 · median age 46 · 806 residents
Liveability Rating
56 / 100 · Ranked #326 in VICEach bar is Lockwood's rank among VIC suburbs, from 0 to 100 (higher is better). Scored on 4 of 5 factors: no school data, so the other factors carry its weight.
How do you rate the liveability in Lockwood?
Local knowledge beats any dataset. Rate it and see what other residents think.
Our score
56 / 100
From schools, safety and socio-economic data — not opinion.
Residents say
…
Median House Price
Public listings dataThe median house sale price in Lockwood sits at $786,000, broadly flat year-on-year. That said, only eight sales settled in the quarter, so the median is a noisy signal — treat it as a direction rather than a level.
$786,500
Based on only 8 sales — small sample, take as indicative.
By bedrooms
- 3 bed 6 sales $665K
Rental Market
Rental affordability
June quarter 202593 Unaffordable · the average rental household in this region would pay about 32% of its income on the median rent in postcode 3551.
SGS Rental Affordability Index: a score of 100 means rent takes 30% of income, the usual housing-stress line; lower scores are less affordable. "Region" is the capital city or the rest of the state.
Is Lockwood safe? Crime statistics
2026Crime in Lockwood sits in the low band, with 16 incidents recorded in 2026 — down roughly 20% on the prior year.
16 offences
20.0% since 2025Crime Trend
Serious Road Crashes
2021–202511 crashes
where someone was killed or admitted to hospital, 3 of them fatal
Where they happened
Crashes are counted where they happened, so a main road through the locality carries people passing through; this is not a measure of risk to residents. Roads are listed with 3 or more serious crashes.
Schools
One school serve Lockwood, and the cohort is trailing peer-suburb performance.
- • 99 students in one school (avg 99)
Primary
Walkability
Lockwood is very car-dependent on foot — at 13/100, nearly all errands require a car.
We hold no public transport timetable data for this area, so public transport is not rated here and the score is spread across the remaining components. It is not counted as zero.
NBN connectivity
The internet access technology available across NBN premises in Lockwood.
- Full-fibre (FTTP) share
- 0%
- Premises covered
- 308
NBN Co fixed-line and fixed-wireless premises, as at 30 December 2025. Higher-quality technologies (full fibre) score above copper, wireless, and satellite. Actual speeds depend on your plan.
Amenities
Greater Bendigo: council population
The three add up to the change above. These are council-wide figures from the ABS, not figures for this locality alone — this locality's own population is in the census section above.
Socio-economic profile
Lockwood is home to 806 residents, with a median age of 46, a touch above the national 38. Median household income runs at $94,000 a year, with unemployment at 2.5%.
2021 Census · change since 2016
Population
806
Median Age
46
Median Household Income
$93,600/yr
Census Median Rent
$275/wk
Census Median Mortgage
$1,408/mo
Avg Household Size
2.8
Median Personal Income
$36,244/yr
Unemployment Rate
2.5%
Unoccupied Dwellings
3.3%
Total Dwellings
274
Owner-Occupier Rate
90.3%
Houses
100.0%
Rental Stress
15.3%
Mortgage Stress
18.1%
Work From Home
15.6%
Dwelling Types
Property Ownership
Demographics
- Born in Australia
- 87.0%
- English Spoken at Home
- 92.2%
- Employment Rate
- 62.6%
- Completed Year 12
- 34.1%
Occupations
Religion
Country of Birth (overseas)
Largest overseas birthplaces, as a share of all residents.
Age Distribution
Family & Household Composition
Commute to Work
1% of employed residents work in a capital's city centre (5 of 429).
City centre: the ABS area around each capital's CBD, such as Sydney Inner City or Perth City (which takes in Subiaco and Leederville). 2021 Census place of work.
Education
Cars per Dwelling
Council Rates
Households face an average residential rates bill of $1,949 a year through Greater Bendigo based on 2024 figures.
How this land is zoned
- Rural and farming 71%
- Parks and recreation 27%
- Infrastructure and transport 2%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the locality around it — the property page shows the zone for one address.
Building Approvals: Greater Bendigo
In the year to August 2026, 885 new dwellings were approved across Greater Bendigo. That mix is 797 houses and 88 units. Approvals are up 28.0% on the same period a year earlier.
Aboriginal Cultural Heritage
The Registered Aboriginal Party for this area is Dja Dja Wurrung Clans Aboriginal Corporation (appointed 2008).
Registered Aboriginal Parties are appointed by the Victorian Aboriginal Heritage Council under the Aboriginal Heritage Act 2006 as the primary guardians, keepers and knowledge holders of Aboriginal cultural heritage for their area. They are the body to contact about cultural heritage here.
Climate & Setting
from Castlemaine Prison, 30.6 kmModerate rainfall — hot summers, cold winters with occasional frost.
- Elevation
- 230 m
- above sea level, at the locality centre
- Annual rainfall
- 598 mm
- 83 rainy days
- Summer max (Jan)
- 27.9°C
- 11 days ≥ 35°C
- Winter min (Jul)
- 3.7°C
- 19 frost days ≤ 0°C
Elevation is the ground at the locality centre, from Geoscience Australia's National Digital Elevation Model. Approximate — it reads high in dense built-up areas. It is a measure of height above sea level and not an indicator of flood risk, which depends on height above nearby waterways.
Industrial Emissions Nearby
6 facilities within 5 km- 0.4 kmPoultry ProcessingTop reported: Carbon monoxide · Oxides of Nitrogen · Particulate Matter ≤2.5 µm (PM2.5)
- 1.4 km
- 1.5 km
- 1.7 km
- 2.8 km
EV adoption
In postcode 3551, 189 of 33,479 registered light vehicles are battery-electric on 31 January 2025. A further 2.2% (723 vehicles) are hybrid or plug-in hybrid, taking the non-petrol, non-diesel share to 2.7%.
Rooftop solar
In postcode 3551, 8,119 rooftop-solar systems totalling 54.3 MW have been installed since 2001, against 12,599 dwellings recorded in the 2021 Census. 665 went up in the last year.
Counts every system certified since 2001, so a roof re-fitted with a newer system is counted twice, and small commercial systems are included alongside houses — useful for comparing postcodes, not an estimate of how many homes have working panels today.
2026 covers part of the year only, to 2026-07.
First Home Owner Grant
FY2026-27$10,000 for new homes priced up to $750,000.
The separate First Home Buyer Duty Reduction (stamp-duty concession) runs alongside this grant.
63 first-home grants were paid in postcode 3551 in 2025-26, rank 21 of 298 Victorian postcodes. The most was 289, in 2009-10.
Grants on new and established homes; established homes stopped qualifying in mid-2013.
Mortgage repayments
8 mortgage brokers are registered in postcode 3551.
Land transfer duty at the owner-occupier rate, and it excludes first home buyer concessions — those can cut it substantially or remove it entirely. Excludes legal, inspection and lender fees. Check with State Revenue Office Victoria
The First Home Owner Grant applies to newly built homes only, so it isn't available on an established purchase. A first home buyer building or buying new under $750,000 may qualify for $10,000 — see what qualifies with State Revenue Office Victoria.
At $786,500 this is $36,500 above the $750,000 First Home Owner Grant cap. A first home buyer may qualify for $10,000 on a newly built home — check eligibility with State Revenue Office Victoria.
A deposit under 20% usually attracts Lenders Mortgage Insurance, which this doesn't include.
Principal and interest over 30 years, fixed rate. Excludes fees, offset, redraw and LMI. Default rate is the median comparison rate across 1788 advertised products as at 2026-10-27 — indicative only, and not an offer. Your rate depends on the lender, your deposit and your circumstances. Not financial advice.
Federal Electorate
Currently held by Lisa Chesters Australian Labor Party
| Year | Winner | 2PP ALP | 2PP LNP | Swing |
|---|---|---|---|---|
| 2025 | Lisa Chesters | 51.4% | 48.6% | +51.4 |
| 2022 | Lisa Chesters | 62.1% | 37.9% | -3.3 |
| 2019 | Lisa Chesters | 59.0% | 41.0% | -5.2 |
Results are per division — federal electoral boundaries are redrawn periodically, so the history reflects this division's past, not necessarily the exact locality's voters across time.
State Electorate
Currently held by Maree Edwards Australian Labor Party - Victorian Branch
Next state election: 28 November 2026.
| Year | Winner | Won with | 2PP ALP | 2PP LNP |
|---|---|---|---|---|
| 2022 | Maree Edwards ALP | 50.7% | 64.3% | 35.6% |
| 2018 | Maree Edwards ALP | 53.5% | 68.5% | 31.4% |
| 2014 | Maree Edwards ALP | 50.4% | 62.2% | 37.8% |
Results are per district. Districts were last redrawn in 2021, so results from before then describe the district of that name, not necessarily this locality's voters. Results: Victorian Electoral Commission, CC BY 4.0.
Looking at a specific address in Lockwood?
Every figure above is a locality average, and an average smooths over the difference between a street of family homes and a block of flats. Look up one address and you get the census for the few hundred people around it, its own nearest schools and stops, and what the state has mapped for that block.
- The census for a few hundred neighbours, not all 806 residents
- Nearest and zoned schools, with the walk from that door
- Flood, bushfire and noise mapping, where the state publishes it
Free to look up. Subscribers see every section in full — $29/month.
Nearby suburbs
Kangaroo Flat VIC 3555
Maiden Gully VIC 3551
Marong VIC 3515
Lockwood South VIC 3551
Ravenswood VIC 3453
Shelbourne VIC 3515
Compare Lockwood to another suburb
Side-by-side stats for any other VIC suburb — type a name and pick one.
Or jump straight to a nearby comparison:
Common questions about Lockwood
Is Lockwood a safe place to live?
Recorded crime in Lockwood is low (35/100, ranked against other VIC suburbs on offences per resident).
What natural hazards affect Lockwood?
Lockwood has no recorded bushfire history. No mapped flood overlay applies. These are locality-wide figures; check the address, as flood and bushfire exposure change street by street.
Is Lockwood a good place to live?
Lockwood has a SuburbScan Liveability grade of B (56/100), ranked against other VIC suburbs on school quality (25%), safety (25%), SEIFA socio-economic advantage (25%), walkability (15%) and CBD access (10%). Whether it suits you depends on what you weigh — each of those is on this page.
What is the population of Lockwood?
Lockwood, VIC had a population of 806 at the 2021 Australian Bureau of Statistics census.
What is the postcode for Lockwood, VIC?
The postcode for Lockwood, VIC is 3551.
How far is Lockwood from Melbourne?
Lockwood is 147 km from Melbourne CBD by road, about 102 minutes by car in normal traffic. Distance is the most-direct driving route, not straight-line.
What is the median household income in Lockwood?
At the 2021 ABS Census, median household income in Lockwood was $93,600 a year. It is the most recent suburb-level income figure until 2026 Census results are released in 2027.
What is the median weekly rent in Lockwood?
There are too few current rental listings in Lockwood for a reliable median. At the 2021 ABS Census the median weekly rent was $275, across all dwelling types.
What is the median age in Lockwood?
The median age of residents in Lockwood was 46 at the 2021 ABS Census.
How are the schools in Lockwood?
There is 1 school inside the Lockwood boundary: 1 below similar schools on NAPLAN, compared with same-state, same-type schools of similar socio-educational advantage (ICSEA).
Is Lockwood walkable?
Lockwood scores 13/100 on the SuburbScan Walkability Score, making it very car-dependent. The score is a weighted average of public transport, schools, parks, supermarkets, GPs, pharmacies, childcare, and hospitals within walking distance.
What is the weather like in Lockwood?
At the nearest Bureau of Meteorology station to Lockwood, Castlemaine Prison (30.6 km away), summer days average 27.9°C, winter nights 3.7°C, 598 mm of rain a year over 83 rainy days, and 11 days a year above 35°C over 2006-2026.
Is the First Home Owner Grant available in Lockwood?
First-home buyers in VIC may be eligible for $10,000 towards new homes with a purchase price up to $750,000. The grant is administered by State Revenue Office Victoria; confirm current eligibility before signing a contract — state rules and amounts can change.
What council does Lockwood belong to?
Lockwood sits within the Greater Bendigo local government area. Council rates, planning approvals, and waste collection fall under this LGA.
How much are council rates in Lockwood?
The average residential rates bill through Greater Bendigo is $1,949 a year (2024). Every suburb in this LGA shares the same schedule — individual bills vary with land value.
How much is being built near Lockwood?
Across Greater Bendigo, 885 new residential dwellings were approved in the year to August 2026 (source: ABS Building Approvals). That's up 28.0% on the same period a year earlier. These are LGA-level totals — every suburb in the council shares the same figure.
Which federal electorate is Lockwood in?
Lockwood sits within the federal Division of Bendigo, currently held by Lisa Chesters (Australian Labor Party).
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Data freshness
- Census · 2021
- Median sale prices · Oct 2026
- For-sale & rental market · Oct 2026
- Council rates · FY 2024–25
- Building approvals · Aug 2026
- Schools · 2025
- NBN connectivity · Dec 2025
- Crime · 2026
- Road crashes · 2021–2025
- Climate · 2006–2026
- Socio-economic (SEIFA) · 2021
- EV adoption · Jan 2025
- First Home Owner Grant · Sep 2026
- Federal electorate · 2025
- State electorate · 2022
- Amenities · Sep 2026
- Health & emergency facilities · Sep 2026
- Industrial emissions (NPI) · 2024/2025
- Coastal erosion · 1988–2025
- Aircraft noise · 2024
Vintages show when each source's data is from. See all data sources.
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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.