Campaspe Shire Council
Lockington
Lockington at a glance
Median house
$362,500
Median unit
$174,240
Walk score
0
Very car dependent
Population
850
Median age 47
About
Welcome to Lockington.
Lockington (3563) sits in the Campaspe region of Victoria. The median house here is $362,500, well below the Victoria median of around $850K.
Lockington has roughly 850 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Nearby suburbs
Houses change hands at $362,500 on a typical sale, well below the Victoria median. Units come in around $174,240, roughly 52% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $73,000. Prices are well below the Victoria median, which keeps Lockington on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$362,500
+0.0% over the past year. Median unit price $174,240.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$200/wk
Weekly rent (unit)
$200/wk
Owner occupied
77%
Renter occupied
17%
At a deeper level
$362,500
$174,240
850
Median age: 47
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For investors
Investment overview.
Gross rental yield on houses sits at 2.87% (median rent $200/wk against a $362,500 price tag). Units yield 5.97% gross, often the better cash-flow play for first-time investors. Renter share is modest (17%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.87%
Based on $362,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.97%
Based on $174,240 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202677%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Lockington's population at 850, with a median age of 47. That sits as an established, older skew. Households are predominantly owner-occupied (77% own, 17% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (70% family households, 29% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
850
Median age
47
Family households
70%
Lone person
29%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Lockington scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 30°C (warm), winter mornings around 4°C (cold). Annual rainfall lands at about 422mm. Data comes from the Bureau of Meteorology's Bendigo Airport station, 38.0km away.
Schooling within or near the suburb covers 10 government primary, 2 government secondary, 4 Catholic, 1 independent.
Safety
Crime and safety.
24
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Lockington.
Local schools for Lockington
View the catchment for each school to find out more.
Government School Catchment
Lockington Consolidated School
Rochester Secondary College
Rochester Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
422 mm
Hottest Month (avg max)
29.8°C
Coldest Month (avg min)
3.7°C
Monthly Rainfall (mm)
Weather data from BOM station Bendigo Airport (38 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Lockington.
- What is the median house price in Lockington?
- The median house price in Lockington, VIC 3563 is $362,500. The median unit price is $174,240. Annual growth is +0.0%.
- What is the Lockington postcode?
- Lockington is in the 3563 postcode, in VIC, in the Campaspe Shire Council region.
- What is the average rent in Lockington?
- The median weekly rent for houses is $200, for units it's $200.
- What schools are in Lockington?
- There are 19 schools serving Lockington on this page, including Lockington Consolidated School, Rochester Secondary College, Rochester Primary School.
- How walkable is Lockington?
- Lockington has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Lockington?
- Lockington is close to Pine Grove, Pine Grove East, Tennyson, Bamawm, Kotta.
- What is the population of Lockington?
- Lockington has approximately 850 residents. The median age is 47.
For Sale
Lockington
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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