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Suburb Guide

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Buying Property in Lockington: Goulburn-Murray Irrigation Village, Channel Easements, and the Section 32

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General information for Victorian property buyers.

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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

  1. G-MW easements and water entitlements.
  2. Section 173 Agreements.
  3. LSIO.
  4. Easements.

Independent checks to run before signing

  1. Campaspe Shire planning property report.
  2. G-MW property report.
  3. 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.

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Section 32 Buyer's Checklist (32 points)

Print-ready checklist covering planning overlays, easements, building permits, OC fees, Section 173 Agreements, and 27 other items to verify before signing. Take it to inspections.

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Related guides

Other guides in Campaspe Shire or covering similar Section 32 frameworks.

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Buying Property in Kyabram: Dairy Industry Regional Centre, Goulburn-Murray Irrigation, and the Section 32

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Disclaimer: This article is for general information only and does not constitute legal advice. You should always seek independent legal advice from a qualified solicitor or conveyancer before making any property purchase decision.