1012 Bendigo-Maryborough Road, Lockwood, VIC 3551 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
Easy Sale Closes Mon 15 Dec - ISP $795k - $850K

1012 Bendigo-Maryborough Road
Lockwood VIC 3551

Bedrooms: 4
Bathrooms: 1
Car spaces: 8
Land area: 43.6ac
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43 ACRE HOBBY FARM CLOSE TO TOWN

Elders Easy Sale
Closing Monday 15 December, 2:00pm
Indicative Sale Price $795,000 - $850,000
If you've been dreaming of a wonderful country lifestyle and perhaps some hobby farming, in a place where children can run and play in the fresh air, or if you simply want to find a peaceful retreat with good proximity to a regional city, then this olive farm of approximately 43 1/2 acres, with a well presented 4 bedroom home in a lovely garden setting, could be just the one for you.
If you fancy yourself as a hobby farmer, you could continue using the property as it has been established, for growing olives, different types on the property include Coratina, Correggiola, Frantoio, Leccino and Arbequina, there are also stands of other productive trees scattered on the property including Pine Nut Trees, and also Sugar Gums, Red Ironbark and Boree, which will be suitable in the future for furniture and firewood. If you have something else in mind that you would like to do here, it would be suitable for a range of other hobby farming pursuits.
It has several noteworthy attributes, including but not limited to, a big catchment dam of approximately 2 megs, with a working windmill, 5 tanks with a combined capacity of 76,500 litres, sealed road frontage, school bus pick up and drop off, ample shedding, new underground power, and a lovely home with a nice farmhouse feel which has a back up generator at the flick of a switch, as well as a 6.6 kw solar system with micro inverters.
The home was built in 1977 and it's been such a wonderful place to live that this is the first time it has been on the market. It has been well maintained and updated over the years. It has a good feeling, you can just tell it's been a happy home.
The external construction is Hardiplank. It's a very comfortable size and has four bedrooms, one of which is currently in use as a study, two others have standard size built-in robes, while the main has a whole wall of built-in robes, they are serviced by an updated crisp white three-piece bathroom with good vanity storage space, a bathtub, and a shower with a hand-held sprayer, let's not forget the essential separate toilet.
The laundry is a good size and features a bench with a redgum top that was from milled from this property. Nice high 9 foot ceilings create a lovely sense of space and the majority of the home has beautiful polished timber floors, including the lounge which has a privacy wall from the front door, and a brick fireplace with an inset solid fuel heater under a mantelpiece that extends the length of the wall with built-in shelving below on either side. Further heating and cooling options include reverse cycle split systems and a new evaporative air-conditioner.
The kitchen is fresh and light filled, it's been updated with modern cabinetry incorporating a drawer system and a concealed hutch, the stove is stainless steel. For rustic appeal and for warmth, the original Everhot stove is still in place, and a step-in pantry has the clever addition of small shelving on the back wall creating a very handy spice rack.
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Property Details for 1012 Bendigo-Maryborough Rd, Lockwood

1012 Bendigo-Maryborough Rd, Lockwood is a 4 bedroom, 1 bathroom AcreageSemi-rural with 8 parking spaces. The property has a land size of 43.6ac. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
AcreageSemi-rural
Land Size
43.6ac
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About Lockwood 3551

The size of Lockwood is approximately 40.5 square kilometres. It has 4 parks covering nearly 22.6% of total area. The population of Lockwood in 2016 was 754 people. By 2021 the population was 806 showing a population growth of 6.9% in the area during that time. The predominant age group in Lockwood is 10-19 years. Households in Lockwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lockwood work in a trades occupation.In 2021, 85.10% of the homes in Lockwood were owner-occupied compared with 86.70% in 2016.

Lockwood has 362 properties. Over the last 5 years, Houses in Lockwood have seen a 28.69% increase in median value, while Units have seen a 69.57% increase. As at 31 October 2025:

  • The median value for Houses in Lockwood is $828,121 while the median value for Units is $378,326.
There are currently 6 properties listed for sale, and no properties listed for rent in Lockwood on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Lockwood.

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Wayne Heard
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Elders Real Estate Bendigo
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