Lockleys is being sought after because its established homes, generous allotments and proximity to amenities deliver a lifestyle premium without inner-city price tags, keeping professionals, families and investors active in the market. Price momentum over the past six months remains firm, with median houses tracking around $1.4m and units near $590k, reflecting roughly 10% and 8% year-on-year gains that keep upward pressure even as supply stays tight. Growth chances hinge on medium-density infill and nearby amenity upgrades, while the industrial fringe and any broader state-level affordability squeeze remain the main risks to monitor.