4 Dearman St, Lock is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1007m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last transferred in November 2022.
Positioned in the quiet rural township of Lock, centrally located on the beautiful Eyre Peninsula and within an easy 30-40 minute drive to the larger regional centres of Cleve, Wudinna, Cummins and coastal town of Elliston, this affordable property presents an excellent opportunity for first home buyers, investors, singles or couples seeking a peaceful country lifestyle.
Set on a fully fenced allotment, the two-bedroom home is ideal for keeping pets secure while offering plenty of room to further improve and add value. The exterior features low-maintenance weatherboard-style cladding that never requires painting, while inside you'll find attractive pine floorboards throughout the open plan living area and both bedrooms, ready to be refreshed and polished to their full potential.
The open plan living space is comforted by a reverse cycle air conditioner and ceiling fan, with horizontal roller blinds fitted to all front windows, including Bedroom 2. The kitchen includes two solid bench-top hotplates, overhead cupboards, double ceramic sink and a refrigerator/freezer which is included in the sale. Adding further value, the property is being sold with all existing furniture included.
Located off the combined rear porch and laundry, the tiled bathroom comprises a toilet, glass corner shower alcove and corner vanity with overhead storage. The adjoining laundry features a stainless steel wash trough, 6kg washing machine, folding table and direct access to the rear yard.
Outside, the spacious and largely undeveloped rear yard provides a blank canvas to create your dream garden, complemented by an 800-gallon poly rainwater tank and a fowl run situated along the rear boundary.
Another feature is the 6m x 8m galvanised shed, positioned adjacent to the home and complete with concrete floor, power, power points and two lockable double front swinging doors, offering excellent storage, workshop space or secure vehicle accommodation.
With solid foundations, valuable inclusions and potential to further enhance with some TLC, this well-priced property offers an affordable entry into the market without the burden of major renovation costs. A great opportunity to secure your own piece of country living in the heart of the Eyre Peninsula.
The size of Lock is approximately 637.0 square kilometres. There are 4 parks, covering nearly 1.0% of the total area. The population of Lock in 2016 was 276 people. By 2021 the population was 253 showing a population decline of 8.3% in the area during that time. The predominant age group in Lock is 50-59 years. Households in Lock are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lock work in a managers occupation.In 2021, 67.10% of the homes in Lock were owner-occupied compared with 83.20% in 2016.
Lock has 249 properties. Over the last 5 years, Houses in Lock have seen a 95.99% increase in median value. As at 30 September 2026:
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