Lockwood VIC 3551
Lockwood is in Greater Bendigo LGA, VIC, postcode 3551, with population 806.
Strong evidence
Lockwood has enough direct local evidence for a first-pass decision.
Direct signals include Market rent, Crime, Schools, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
Lockwood has usable rent context. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →582 latest-year approvals in Greater Bendigo, +0.0% YoY; population +1.0% YoY (1.1% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent context available
Lockwood has usable rent context. Snapshot rent $493/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Lockwood has enough direct local evidence for a first-pass decision.
Direct signals include Market rent, Crime, Schools, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Market rent, Crime, Schools, Population growth
No fallback or lower-precision signals flagged.
Property prices, Hospitals, Transport
Lockwood currently reads as a livability-led candidate.
Higher SEIFA context supports a stronger local-quality read. Small local population makes the signal set more fragile.
Compare it against a contrasting suburb before turning it into a decision.
Higher SEIFA context supports a stronger local-quality read.
Small local population makes the signal set more fragile.
Property prices, Transport
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Price series isn't recorded for this suburb. Census housing data is shown instead.
Full data detail
Lockwood VIC
Lockwood is a small community in Victoria within the Greater Bendigo local government area (postcode 3551). With a population of 806, the suburb has a mature demographic with a median age of 46. Households earn a median income of $94K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $493. The median monthly mortgage repayment is $1,408.
Lockwood is served by 1 school, including 1 primary. The average ICSEA score is 989, which is around the national average of 1,000. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Lockwood is a small community in Victoria within the Greater Bendigo local government area (postcode 3551). With a population of 806, the suburb has a mature demographic with a median age of 46. Households earn a median income of $94K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $493. The median monthly mortgage repayment is $1,408.
Lockwood is served by 1 school, including 1 primary. The average ICSEA score is 989, which is around the national average of 1,000. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Lockwood FAQ
Common questions-
What LGA is Lockwood in?
Lockwood is in the Greater Bendigo Local Government Area, VIC, postcode 3551. Council-level context for Greater Bendigo LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the typical weekly rent in Lockwood?
The median weekly rent in Lockwood is $493/wk, based on the current market rent dataset. The current rent signal is rent context available.
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What does the rent signal say about Lockwood?
Rent context available: Lockwood has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Lockwood a good investment?
QuickProperty's investment signals for Lockwood show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Lockwood?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Lockwood data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.