38 Panorama Rd, Lockwood South is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 9718m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Perfect if you're looking for that 'something special', this beautifully presented family home offers a peaceful 'getaway' feel amidst 2.5 acres (approx.) with picturesque views over the rolling hills of Lockwood South. Nestled in-between historic Maldon, Castlemaine and Bendigo it's a leisurely drive to all three, with easy freeway access to Melbourne CDB. All light and space with windows displaying rustic views on all sides, this home is designed for the growing or extended family offering multi-suite accommodation across three separate living zones. The parents retreat comprises master suite, generous walk-in robe and ensuite with separate study all opening onto an extensive living space/formal lounge room. Central to the home is the impressive country-style timber kitchen, well-equipped with loads of cupboards and bench space and complimented by a walk-in butler's pantry. The adjacent open-plan meals and relaxed living area is huge and creates a great space for larger scale family gatherings. Further enhancing the spacious open plan design is a third living space with expansive rumpus/dining and ambient solid fuel heater. A further 3 generous sized robed bedrooms; one comprising its own guest's ensuite, family sized bathroom with corner spa, separate toilet and laundry are located nearby. Particularly lovely features throughout the home are the sun-drenched bay windows, timber and glass panelled doors, dado boards, decorative cornices and ornate ceiling roses with ample amounts of storage. Stretching the width of the house is a shady front verandah offering the perfect place to enjoy the sweeping views, and for the serious entertainer or a sometime host, a rear pergola to enjoy outdoor entertaining. For the outdoor enthusiast, there are plenty of established garden beds, chicken coop, rainwater tanks, double carport and a huge 4-bay shed with power and water. Infused with a feeling of tranquillity, enjoy luxury, space and privacy whilst still having all the modern comforts of town living nearby.
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:
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