3 Panorama Road, Lockwood South, VIC 3551 | Property Value & History | OnTheHouse
OFF MARKET

3 Panorama Road
Lockwood South VIC 3551

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 293m2
Land area: 4040m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 3 Panorama Rd, Lockwood South

3 Panorama Rd, Lockwood South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 4040m2 and floor size of 293m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1920
Floor Size
293m2
Land Size
4040m2
Local Government
Greater Bendigo
Lot/Plan
1~15/PP5473

Last Listing description (August 2022)

Formally the old Lockwood Post Office and the original Happy Jacks Store, this property is steeped in history. Partly renovated, this old homestead is sited on top of an undulating block and in a great location only ten minutes drive to the heart of Kangaroo Flat plus the local sporting facilities are a leisurely five-minute walk away. Situated on the corner of lovely tree-lined Panorama Road and River Road and surrounded by beautiful established trees, there is plenty of potential for the renovator to complete the work with a lot of the hard work already been done including some re-stumping, electrical and roof work completed.

Internally there is a light-filled main lounge with a charming solid fuel heater. The master bedroom leads from this room with views down block. The remaining two bedrooms are connected by a passage that extends to the laundry and bathroom. The kitchen overlooks the shady back yard and along with plenty of storage there is a gas oven and hotplates.

Other features include:

- Reverse cycle split systems in the main lounge and bedroom 2
- 12 mtr x 6 mtr shed with one third as an open carport
- 6 x 6 mtr (approx) storage area
- Bull nose verandahs on the front side
- Covered patio area at the rear
- Just over one acre in block size - Farming zoned land

This property comes with so much potential please contact to inspect.

Property History for 3 Panorama Rd, Lockwood South, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$405,000
27 Jun 2022
  • 27 Jun 2022
    Sold for $405,000
  • 03 May 2022
    Listed for Sale $435,000 - $455,000
  • 11 Feb 2014
    Sold for $200,000
Sign in to see more transactions
Commute Calculator

About Lockwood South 3551

The size of Lockwood South is approximately 50.8 square kilometres. It has 1 park covering nearly 28.4% of total area. The population of Lockwood South in 2016 was 961 people. By 2021 the population was 1052 showing a population growth of 9.5% in the area during that time. The predominant age group in Lockwood South is 50-59 years. Households in Lockwood South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lockwood South work in a trades occupation.In 2021, 95.10% of the homes in Lockwood South were owner-occupied compared with 92.40% in 2016.

Lockwood South has 475 properties. Over the last 5 years, Houses in Lockwood South have seen a 29.77% increase in median value, while Units have seen a 40.13% increase. As at 31 October 2025:

  • The median value for Houses in Lockwood South is $854,270 while the median value for Units is $352,843.
There are currently 7 properties listed for sale, and no properties listed for rent in Lockwood south on OnTheHouse. According to Cotality's data, 17 properties were sold in the past 12 months in Lockwood south.

Suburb Insights for Lockwood South 3551

Market Insights
Lockwood South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lockwood South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.