Smart Locks vs. Traditional Locks: Is It Worth the Investment?

Smart locks are growing in popularity, and we do get Melbourne customers asking about them. If you need your locks changed, you might think, ‘Hey, why not make the jump to a smart lock?’ 

As professional locksmiths with decades of experience under our belt, we wanted to give you some helpful information so you can make an informed decision about the security of your home with this smart lock comparison.

How Does a Smart Lock Work?

A smart lock enables keyless entry and remote access. It operates by receiving electronic signals from authorised devices, such as smartphones or key fobs, to lock or unlock doors. Smart locks often feature interfaces like keypads, biometric sensors, or wireless communication modules (Bluetooth, Wi-Fi, NFC) to interact with authorised devices. 

Users can manage access permissions and monitor entry logs via dedicated mobile applications, and many smart locks integrate with voice assistants like Amazon Alexa or Google Assistant for hands-free control. These devices are typically powered by batteries and incorporate security features such as encryption and access logs to enhance home security. 

 

Why some people are upgrading to smart locks

Smart locks have their benefits:

• They eliminate the need for physical keys, which reduces the risk of lost or duplicated keys. 
• They enable users to lock or unlock doors remotely via mobile apps, grant temporary access to guests or service providers, and receive real-time notifications about entry events. 
• Many smart locks offer features like encryption, access logs, and integration with security systems, providing homeowners with greater control and monitoring capabilities. 
• Smart locks can connect with other smart devices, such as lighting and security cameras, enabling automated routines and centralised control. 

How Secure is a Smart Lock?

Quite secure. 

Smart locks offer security features like 2-factor authentication, encryption protocols between the lock and the device, and access logs, which show logs of who entered and when.

How much does a smart lock cost in Australia?

In Australia, the cost of smart locks varies based on features, brand, and design. 

Entry-level models start at around $200 and offer basic functionalities like keypad entry and Bluetooth connectivity. 

Mid-range options, priced between $300 and $500, typically feature Wi-Fi connectivity, fingerprint recognition, and integration with smart home systems. 

Premium smart locks, which may offer advanced security features, sleek designs, and comprehensive smart home integration, can exceed $500.

How much does a traditional lock cost in Australia?

The cost of traditional locks in Australia varies. 

Entrance door locks and handles, including external and internal mechanisms, typically range from $233 to $789, depending on their design and quality. 

Mortice locks, commonly used for higher security, come in 3-lever or 5-lever variants, with prices between $69 and $114. 

Deadbolts and deadlocks, known for their added security, are priced from $144 to $300. 

Key-in-knob or key-in-lever locks, common in residential settings, usually range from $185 to $220. 

What is the lifespan of a smart lock?

Typically, it ranges from 5 to 10 years, depending on the brand, model, and how well it is maintained. 

Factors that influence the lifespan include environmental conditions (e.g., exposure to extreme temperatures or humidity) and the quality of the components used. Battery life also plays a significant role, as most smart locks are powered by batteries that need to be replaced every 6 months to 2 years. Regular maintenance, such as updating the firmware and checking the mechanical parts for wear and tear, can help extend the life of a smart lock.

What is the lifespan of a traditional lock?

10 to 25 years, or even longer, depending on the quality of the lock, the level of use, and environmental factors. 

High-quality locks made from durable materials tend to last longer, especially if they are well-maintained. Regular lubrication, cleaning, and avoiding exposure to harsh weather conditions can help extend the lock’s lifespan. In some cases, the internal mechanisms of a traditional lock may need to be replaced or serviced to maintain proper functionality, but overall, traditional locks are known for their long-lasting durability.

Is there anything else I need to know about smart locks?

They can have power and connectivity issues. This means a power failure or network connectivity difficulty could mean you’re locked out of your home.

And, despite their advanced, modern features, the physical components of some smart locks may be vulnerable to traditional lock-picking or brute-force attacks. They’re not invincible!

What happens if you’re locked out with a smart lock?

Say you’ve lost your phone. Not only is that a huge pain, but you’re now locked out of your house. There are channels (dependent on the model) to gain access to the property potentially, should you lose your phone. And, you can, in theory, contact a locksmith to help you gain access, though there is a good chance they’ll need to drill through the system to bypass it, breaking it. 

Summary

Smart Locks:

• Advantages: Smart locks have advanced features like encryption, access logs, and remote monitoring. They offer the ability to change access codes, monitor entries, and receive alerts, enhancing overall security.
• Vulnerabilities: Smart locks are susceptible to hacking or digital attacks if not properly secured. They also rely on power and connectivity, so outages or battery failure could be a concern. 
• They cost more and have a lower lifespan

Traditional Locks:

• Advantages: Traditional locks are generally more resilient to hacking and don’t depend on electronics, making them reliable in the face of power failures or technical glitches. High-quality deadbolts and mortice locks are difficult to pick or force open, offering robust physical security.
• Vulnerabilities: Traditional locks can be picked, bumped, or drilled. Lost or duplicated keys pose another security risk, and they don’t offer remote monitoring or control.
• They cost less and have a longer lifespan.

If you’re locked out of your home or business or need an emergency locksmith contact our Melbourne locksmith, who can help!