138 Lockwood RoadKangaroo Flat VIC 3555
Property Details for 138 Lockwood Rd, Kangaroo Flat
138 Lockwood Rd, Kangaroo Flat is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 7752m2 and floor size of 87m2.
Last Listing description (May 2026)
Nestled in the highly sought-after area of Kangaroo Flat, 138 Lockwood Road presents a rare opportunity to secure a substantial parcel of land with tremendous potential. Boasting an impressive 7,752 sqm of land with triple street frontage-spanning Lockwood Road, Fairview Road, and Fadersons Road-this property offers easy access and unmatched versatility for a variety of future uses.
Currently, the site features two separate, income-generating homes, both of which are currently leased, along with a large shed and ample car storage facilities. This setup ensures an immediate return on investment while you explore the development possibilities (STCA) that this prime land offers. Whether you're looking to land bank for the future or pursue a development project, the options are endless.
Located just 5 minutes from Lansell Square Shopping Centre, with its broad range of retail outlets, dining options, and essential services, the property also offers unparalleled convenience with a local IGA just 2 minutes away. Additionally, Bendigo's bustling CBD is only a 15-minute drive, allowing you to enjoy a peaceful suburban lifestyle while being close to all the action the city has to offer.
This is a fantastic opportunity for developers, investors, or anyone looking to secure a piece of land in a growing area with significant future potential. Whether you're looking to build, subdivide, or simply hold onto an asset that will appreciate over time, 138 Lockwood Road is a must-see. Arrange an inspection today and explore the possibilities this exceptional property has in store for you.
Property History for 138 Lockwood Rd, Kangaroo Flat, VIC 3555
- 24 Jun 2025Listed for Sale $850,000 - $900,000
- 11 Nov 2024Listed for Sale $850,000 - $900,000
- 09 Mar 2023Listed for Rent - Price not available
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About Kangaroo Flat 3555
The size of Kangaroo Flat is approximately 18.4 square kilometres. There are 27 parks, covering nearly 40.1% of the total area. The population of Kangaroo Flat in 2016 was 10394 people. By 2021 the population was 11328 showing a population growth of 9.0% in the area during that time. The predominant age group in Kangaroo Flat is 60-69 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation.In 2021, 69.00% of the homes in Kangaroo Flat were owner-occupied compared with 67.40% in 2016.
Kangaroo Flat has 6,374 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 48.59% increase in median value, while Units have seen a 45.30% increase. As at 30 April 2026:
- The median value for Houses in Kangaroo Flat is $637,464 while the median value for Units is $461,239.
- Houses have a median rent of $520 while Units have a median rent of $450.
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