Lockwood is in Greater Bendigo LGA, VIC, postcode 3551, with population 806.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Higher SEIFA context supports a stronger local-quality read.
Small local population makes the signal set more fragile.
Price series isn't recorded for this suburb. Census housing data is shown instead.
Owners with a mortgage repay a median of $1,408/mo, while renters pay about $2,136/mo — renting runs $728/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Lockwood (postcode 3551) is a close-knit residential community in Victoria within the Greater Bendigo local government area. It is home to about 806 residents, with a settled, mature resident base and 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.
Looking at the investment signals, Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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There is enough direct local evidence on Lockwood for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
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.
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.
The median weekly rent in Lockwood is $493/wk, based on the current market rent dataset. The current rent signal is rent context available.
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.
QuickProperty's investment signals for Lockwood show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.
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.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.