Lockhart, NSW

OVERVALUED

1,543 sales · 36 years of data · NSW, Australia

$375,000
Median (All)
$375,000
Median (Houses)
N/A
Median (Apartments)
4.2%
10yr CAGR
3.9%
36yr CAGR
0.0%
Strata %
36 years of data · 1,543 sales analysed · 2,500+ suburbs · Updated weekly

Lockhart, NSW Property Market Overview

Lockhart, NSW, 2656, is a charming rural town nestled in the Riverina region of New South Wales. AusPropertyInsights.app provides a comprehensive analysis of the Lockhart property market, leveraging 36 years of data encompassing 1,543 recorded sales. This data offers valuable insights into the historical trends and current conditions shaping property values in this unique Australian community.

Currently, the median property price in Lockhart stands at $375,000, which also represents the median house price, as the suburb has no recorded apartment sales. Lockhart's property market, while relatively small in scale, presents a compelling case study for understanding long-term growth patterns in regional NSW. Analysing the trends in Lockhart provides a valuable perspective on the dynamics of regional property ownership.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $754,479
Based on the 10-year compound annual growth rate of 4.2%
Predominantly houses0% apartments
100% of sales are houses and other non-strata properties
Loading chart...

Property Mix

100%
Houses 100%$375,000Apartments 0%N/A

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Lockhart

Street Rankings

Top streets in Lockhart, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Drummond StHouse7$160,000

... and 130 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Urana StHouse4$161/m²
2Hebden StHouse4$309/m²
3Green St WHouse4$589/m²
4Green StHouse3$346/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Ferrier StHouse+18.7%
2Green St WHouse+13.0%
3Hebden StHouse+11.0%
4Green StHouse+12.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

48
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

0%
apartments across the suburb

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

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134 streets to explore

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3 street rankings
All 134 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
0 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 1,543 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Lockhart at a Glance

Region
Riverina
CBD Distance
Approximately 490km south-west of Sydney CBD
Train Station
The Rock Station (Southern Line)
Council
Lockhart Shire Council
Property Character
Rural residential with predominantly detached houses
Community
Families and retirees seeking a rural lifestyle

Lockhart, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Lockhart, NSW

Life in Lockhart offers a relaxed, rural pace, a world away from the hustle and bustle of city living. The town exudes a friendly, community-oriented atmosphere, where neighbours know each other and local events are well-attended. Lockhart is a place where the stars shine brightly at night, and the air is clean and fresh.

Families are drawn to Lockhart for its safe environment and quality schools, such as Lockhart Central School, catering to students from kindergarten to year 12. While Lockhart doesn't have a train station, it is well-connected by road, making it easy to access larger regional centres like Wagga Wagga. The town boasts a local shopping strip, offering essential services and a handful of charming cafes and pubs. Parks and green spaces provide ample opportunities for outdoor recreation, contributing to the suburb's appeal. Lockhart truly offers a slice of quintessential country living.


Who Buys in Lockhart?

Lockhart primarily attracts families and downsizers seeking a peaceful, rural lifestyle. The absence of apartments (0.0% strata) and the dominance of detached houses cater to those seeking space and privacy. The median house price of $375,000 makes Lockhart relatively affordable compared to larger urban centres.

First-home buyers may find Lockhart appealing due to its affordability, although the limited job opportunities in the immediate area may be a consideration. The historical CAGR figures, while moderate, suggest a steady appreciation in property values over the long term. Lockhart's appeal lies in its quiet lifestyle and strong sense of community.

Market Analysis

The Lockhart property market is currently positioned above its long-term trend. This indicates that Lockhart properties are presently in overvalued territory, based on historical performance. However, it's important to remember that market cycles are dynamic, and various factors can influence future price movements.

Understanding Lockhart's position in the property cycle allows potential buyers and sellers to assess the market context. Analysing the trends in Lockhart's market helps understand the broader economic climate and local factors influencing property values. The current cycle position offers a snapshot of where the market stands as of early 2026, based on our data.


Is Lockhart a Good Investment?

Analysing Lockhart's property market reveals a steady, albeit not spectacular, growth trajectory. The 10-year CAGR of 4.2% suggests a reasonable rate of capital appreciation, while the 20-year CAGR of 0.9% highlights the importance of considering longer time horizons when evaluating performance.

The current cycle position indicates that Lockhart is above its long-term trend. The data shows that property values have generally increased over time, but the rate of growth has fluctuated depending on broader economic conditions and local factors. Lockhart's appeal as a place to live and its proximity to regional centres may contribute to sustained demand for property in the area. However, it's crucial to note that past performance is not indicative of future results, and the information on AusPropertyInsights.app should not be considered financial advice.


Lockhart Market Outlook

As of early 2026, Lockhart's property market is above its long-term trend, indicating properties are in overvalued territory. While recent price trends have shown some fluctuations, the overall market remains relatively stable. The limited supply of properties in Lockhart can contribute to price volatility.

The future performance of the Lockhart property market will depend on various factors, including interest rates, economic growth, and population trends. The information provided by AusPropertyInsights.app offers a valuable snapshot of the current market conditions, allowing potential buyers and sellers to make informed decisions.

Streets & Location in Lockhart, NSW

Lockhart, postcode 2656, offers a quintessential Australian country town experience. With 134 streets, the suburb provides a range of residential options. According to our data, DRUMMOND ST is among the top streets in Lockhart based on median property prices.

Lockhart's location within the Riverina region contributes to its unique character and lifestyle. The town's layout and streetscape reflect its historical development and rural setting. The data on specific streets in Lockhart provides a more granular understanding of property values across the suburb.

Market Dynamics

The average settlement timeframe in Lockhart is 48 days, reflecting the typical transaction process in this regional market. This figure provides insight into the liquidity and efficiency of the Lockhart property market. The quick-flip percentage is not applicable due to insufficient data.

Analysing settlement times in Lockhart helps understand the pace of transactions. This data, combined with sales volumes, contributes to a comprehensive understanding of market activity in Lockhart. The 48-day average settlement period is indicative of the current market conditions as of early 2026.

Development & Density

Lockhart exhibits a very low development density, characteristic of a rural Australian town. The suburb has no apartment buildings and a strata percentage of 0.0%, indicating a market dominated by detached houses. This housing composition contributes to the suburb's overall character and lifestyle.

The absence of apartment buildings in Lockhart reflects its historical development and planning regulations. This lack of high-density development is a defining feature of the Lockhart property market. The housing composition in Lockhart is likely to remain predominantly detached houses for the foreseeable future.

Growth & Property Mix

Examining historical growth rates reveals a nuanced picture of Lockhart's property market. The 10-year Compound Annual Growth Rate (CAGR) stands at 4.2%, while the 20-year CAGR is 0.9%. Over the full 36-year period, the CAGR is 3.9%.

Given that Lockhart's market consists entirely of houses (with a 0.0% strata percentage), these growth figures reflect the performance of detached dwellings in the area. Analysing these figures provides context for understanding the long-term performance of property in Lockhart.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Lockhart, NSW

What is the median property price in Lockhart?
The current median property price in Lockhart is $375,000. This figure represents the median price for houses, as there are no apartments recorded in the suburb's sales data. This makes Lockhart a potentially affordable option for those seeking a rural lifestyle.
Is Lockhart overvalued or undervalued?
According to our analysis, the Lockhart property market is currently above its long-term trend. This indicates that Lockhart properties are presently in overvalued territory. This assessment is based on historical data and current market conditions as of early 2026.
How has the Lockhart property market performed over 10 years?
Over the past 10 years, the Lockhart property market has experienced a Compound Annual Growth Rate (CAGR) of 4.2%. This indicates a moderate level of capital appreciation during this period. This growth rate reflects the performance of detached houses in the area, as there are no apartments.
What percentage of Lockhart is apartments vs houses?
Lockhart's property market is dominated by detached houses, with a strata percentage of 0.0%. This means there are no recorded apartment sales in the suburb. This is a defining characteristic of Lockhart, reflecting its rural setting and low-density development.
Where is Lockhart in the property cycle?
Currently, Lockhart's property market is positioned above its long-term trend. This indicates that the market is in overvalued territory, based on historical price movements. This assessment reflects market conditions as of early 2026, based on our data and analysis.
What schools are near Lockhart?
Lockhart is home to Lockhart Central School, which provides education from kindergarten to year 12. This school serves the local community and surrounding rural areas. The presence of a local school is a key factor for families considering moving to Lockhart.
What is Lockhart like to live in?
Lockhart offers a peaceful and relaxed rural lifestyle. The town has a strong sense of community and is known for its friendly atmosphere. Residents enjoy the wide-open spaces, clean air, and slower pace of life that comes with living in a country town.
Is Lockhart good for families?
Lockhart can be a good option for families seeking a safe and affordable rural lifestyle. The presence of Lockhart Central School caters to children of all ages. The abundance of parks and green spaces provides ample opportunities for outdoor activities and recreation.
How far is Lockhart from Sydney CBD?
Lockhart is approximately 490 kilometres south-west of Sydney's central business district. The journey by car takes around 5-6 hours. While it is a considerable distance, the town is well-connected by road and offers a different lifestyle to the city.
What transport options are in Lockhart?
Lockhart does not have a train station directly within the town. The nearest train station is The Rock Station, located approximately 25km away. Lockhart is primarily serviced by road, with major highways providing access to larger regional centres.
How does Lockhart compare to nearby suburbs?
Compared to larger regional centres like Wagga Wagga, Lockhart generally has lower median property prices. Growth rates in Lockhart may be more moderate than in larger urban areas. Lockhart's rural character and smaller population differentiate it from its neighbours.
Is Lockhart a good first home buyer suburb?
Lockhart's relatively affordable median house price may make it an appealing option for first-home buyers. The lack of apartments might limit choices, but houses are available at a lower price point than in metropolitan areas. However, employment opportunities in the immediate area should be considered.
What are the best streets in Lockhart?
Based on our data, DRUMMOND ST is among the top streets in Lockhart when considering median property prices. Streets like DRUMMOND ST often reflect the overall character and desirability of different areas within the suburb. The full street data is available to AusPropertyInsights.app premium subscribers.
How many properties have been sold in Lockhart?
Over the 36 years of data we have collected, there have been a total of 1,543 property sales recorded in Lockhart. This provides a substantial dataset for analysing long-term trends in the suburb's property market.
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