Lockwood real estate
A linear rural-residential locality south-west of Bendigo, following Bullock Creek and the Calder Alternative Highway.
The suburb
Bullock Creek and the Calder Alternative Highway
Lockwood was settled as an agricultural district, even though gold fields lay nearby at Marong and Kangaroo Flat. A government school opened in 1864, the same year Lockwood became the administrative centre of the Shire of Marong, a role it held until 1908. St Stephens Church of England dates from 1872 and remains one of the area’s landmarks.
The locality follows Bullock Creek and the Ravenswood-Marong Road, now the Calder Alternative Highway. It stayed agricultural until that road upgrade turned it into a bypass for travellers avoiding Bendigo. Its proximity to Bendigo then made it attractive for rural-residential living. Lockwood Primary School now describes it as an expanding rural-residential area. The school, on Wiegards Road, teaches Prep to Grade 6 and was rebuilt with modern buildings in 2000.
- Council
- City of Greater Bendigo
- From our office
- About 15 km
- Population (2021 Census)
- 806
- Median age
- 46
Schools in Lockwood
- Lockwood Primary School (190 Wiegards Road)Government primary, Prep to Grade 6
- Lockwood
- Big Hill
- Kangaroo Flat
- Maiden Gully
- Lockwood South
- Golden Square
- Golden Gully
- PH Property office
Map data © OpenStreetMap contributors.
The market
Prices and rents in Lockwood
There were too few house sales in Lockwood in 2025 for the Valuer-General to publish a suburb median. For a price on a home here, a free appraisal uses the actual recent sales nearby.
Sale prices: Valuer-General Victoria, Victorian Property Sales Report, houses and units by suburb 2015 to 2025. Rents: Homes Victoria Rental Report, June quarter 2026, median of new bonds lodged. Both CC BY 4.0. Medians are a guide, not an appraisal of any home.
The people
Who lives in Lockwood
- Owned outright38.0%
- Owned with a mortgage47.1%
- Rented9.1%
Source: Australian Bureau of Statistics, 2021 Census of Population and Housing, Lockwood (Suburbs and Localities). © Commonwealth of Australia, CC BY 4.0. Shares are of occupied private dwellings and may not add to 100% where households did not say.
Buying and renting
Homes for sale and rent in Lockwood
See every home we have for sale across Greater Bendigo on our houses for sale page, or every home for lease on our rentals page. Tell us what you are after and we will let you know when the right one comes up, often before it is advertised.
Selling or leasing
Selling in Lockwood
Buyers in Lockwood are mostly looking at rural-residential living with Bendigo within easy reach and the Calder Alternative Highway for getting around. Land size and how close a property is to Lockwood Primary School on Wiegards Road are worth comparing. We price from recent sales nearby and talk you through them before you decide anything.
Questions
About Lockwood
Nearby suburbs
What is the median house price in Lockwood?
There were too few house sales in Lockwood in 2025 for the Valuer-General Victoria to publish a suburb median. A free appraisal from PH Property will give you a price range based on recent sales nearby.
How much does it cost to rent a house in Lockwood?
Three bedroom houses in the Greater Bendigo leased for a median of $510 a week (June quarter 2026), from the Homes Victoria Rental Report.
Are you a real estate agent in Lockwood?
Yes. PH Property sells and leases homes across the City of Greater Bendigo, including Lockwood, from our office at A5/8-16 Rohs Road, East Bendigo.
Is there a primary school in Lockwood?
Yes. Lockwood Primary School on Wiegards Road is a government primary for Prep to Grade 6. It was rebuilt with modern buildings in 2000.
What’s your Lockwood home worth?
A free appraisal from a local agent, priced from real recent sales near you.