Lockington is a Campaspe Shire small Goulburn-Murray Irrigation District village — about 220 kilometres north of Melbourne. The village is dominated by dairy industry and irrigated cropping, with substantial G-MW channel easements running through most agricultural lots. The Section 32 framework reflects irrigation infrastructure, Section 173 dairy Agreements, and small-market dynamics.
This guide covers the Section 32 and Contract of Sale issues specific to Lockington (postcode 3563, Campaspe Shire).
Lockington at a glance
- Council: Campaspe Shire.
- Postcode: 3563.
- Buyer profile: dairy industry workers, rural-residential lifestyle buyers, retirees, smaller-budget regional buyers.
- Dwelling mix: village core cottages, post-war detached, rural-residential and farming lots on surrounds.
- Median house price (indicative):approximately $280k–$420k for village houses; rural- residential and farming lots vary substantially.
The dominant risk: G-MW channel easements + dairy Section 173
Standard Goulburn-Murray Irrigation District framework applies. See Tatura and Kyabram guides for detail.
Secondary risk: small-market dynamics
Lockington is small. Comparable-sales flow is very thin. Resale windows extend.
Tertiary risk: Murray River + Goulburn-Murray flood adjacency
Some lots near tributaries carry LSIO.
What to check in a Lockington Section 32
- G-MW easements and water entitlements.
- Section 173 Agreements.
- LSIO.
- Easements.
Independent checks to run before signing
- Campaspe Shire planning property report.
- G-MW property report.
- Building inspection.
An automated first-pass Section 32 review can flag G-MW easements, Section 173 Agreements, LSIO, and water- entitlement disclosures. Upload your Lockington Contract of Sale to Pre Contract Review for a plain-English risk report.