Lockwood South Suburb Profile, VIC, 3551 (Pricing & Investment Data)

Lockwood South Suburb Profile
Victoria 3551

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Lockwood South has 475 properties. Over the last 5 years, Houses in Lockwood South have seen a 36.06% increase in median value, while Units have seen a 40.13% increase. As at 30 November 2025:

  • The median value for Houses in Lockwood South is $878,647 while the median value for Units is $341,745.
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.

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.

Suburb Insights for LOCKWOOD SOUTH 3551

Market Insights
Lockwood South Trends for Houses
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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
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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

Population 1052

0-9

 

12%

10-19

 

16%

20-29

 

8%

30-39

 

13%

40-49

 

13%

50-59

 

16%

60-69

 

14%

70-79

 

7%

80-89

 

1%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 08/12/2025

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.