City of Greater Bendigo
Lockwood Property Market
& Suburb Profile

MEDIAN PRICES IN LOCKWOOD
Median house price
(all agencies, last 12 months)$700k*House price change
(all agencies, last 12 months)-22.09%(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)
LOCKWOOD price TRACKER
Lockwood sales overview
- Sold by Private Sale or Other Method 100%
- (Based on Sales Reported in the Last 12 Months)
Average days on market (houses)
(all agencies, 12 months)36Average held period in Lockwood
(proptrack)19 yearsLockwood Investor Statistics
Median rental price for Houses
(all agencies, last 12 months)$565pwHouse rental price change
(all agencies, last 12 months)0.08%Average rental yield for Houses
(all agencies, last 12 months)3.41%Lockwood total population size
(as at the last census)806Median household size in Lockwood
(as at the last census)2.8(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)
Lockwood property types
- Houses 67%
- Other 33%
OCCUPANCY in Lockwood
- Owned 85%
- Rented 9%
- Other/Not Stated 6%
- Singles 15%
- Families 83%
- Other 0%
Education

Sales Comparison
Find out how Lockwood median sales prices compare to neighbouring suburbs.
Lockwood MARKET INSIGHTS
| Year | Sold | Median Sale Price (All Residential) | Sales Growth YoY |
|---|---|---|---|
| 2025 | 5 | $700,000 | -22.09% |
| 2024 | 3 | $800,000 | +0.63% |
| 2023 | 7 | $795,000 | -7.56% |
| 2022 | 13 | $860,000 | +0.41% |
| 2021 | 8 | $856,500 | +78.44% |
| Year | Leased | Median Rental Price (All Residential) | Rental Yield |
|---|---|---|---|
| 2025 | 0 | $565pw | 3.41% |
| 2024 | 2 | $536pw | 3.24% |
| 2023 | 2 | $521pw | 3.22% |
| 2022 | 3 | $494pw | 3.04% |
| 2021 | 0 | $443pw | 2.81% |
*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).
The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.