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21-27 Buckingham, Lara$1.55m
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Soldhouse

21-27 Buckingham

Lara, VIC 3212, Australia
$1.55m
3 bed 1 bath 2 car2878 m²

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About this property

Positioned in a highly sought-after and convenient location, this outstanding property presents a rare chance to secure a substantial landholding with exceptional development potential. Zoned Residential 1 and offered for the first time in over 50 years, opportunities like this are few and far between. Set across two titles and totalling approximately 2,878m², the property boasts an impressive combined frontage of 67 metres. Whether you're looking to develop (STCA), landbank, or retain the existing home while planning your future project, the possibilities here are endless. The charming and lovingly maintained three-bedroom weatherboard home sits proudly behind a classic picket fence, offering immediate comfort or rental potential. Complemented by shedding and ample space, it provides flexibility while you plan your next move. Enjoy a lifestyle of absolute convenience with everything at your doorstep - just a short stroll to local schools, Grand Lakes Shopping Centre, Millars Café, and surrounding amenities. This is a golden opportunity for developers, investors, and visionaries alike. Key Features: • Prime Residential 1 zoning • Total land size approx. 2,878m² • Two titles: 903m² + 1,975m² • Expansive 67-metre frontage • Ideal development potential (STCA) • Well-maintained 3-bedroom weatherboard home • Charming street presence with picket fence • Shedding and ample space for storage or use • First time offered in over 50 years • Walk to schools, Grand Lakes Shopping Centre & Millars Café • Outstanding investment, landbank or redevelopment opportunity All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
2878 m²
Listed
2 months ago

Repayment calculator

$7,514/month
$3,757 /fortnight
Loan $1,240,000 at 6.10% over 30 years

Upfront costs

Deposit$310,000
Stamp duty$85,250
Conveyancing (est.)$2,000
Total upfront$397,250
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lara

This 3-bedroom house in Lara, VIC 3212 sits within reach of public transport, local shops and nearby schools. It is listed 117% above the $715,835 median of 66 comparable houseswithin 5 km.

Schools near Lara

  • Lara Primary Schoolprimary · Prep-6 · CoEd
  • Lara Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)223 m away
  • Kut Loose1.3 km away
  • Unnamed223 m away
  • Unnamed350 m away
  • Six Ways Bell Park526 m away

Lara at a glance

Full suburb profile
Population
19,014
Median age
37
Household income
$1,969/wk
Median rent
$370/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lara price trend

Median sold · House 3 bed

Compound growth +0.3% / yr over 4 yrs

$650kcurrent median

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