78 Buckingham StreetLara VIC 3212
Property Details for 78 Buckingham St, Lara
Last Listing description (December 2025)
Set directly across from the highly sought-after Grand Lakes Estate, this exceptional 8954m (approx.) allotment presents a once-in-a-lifetime opportunity to secure a much-loved, one-owner lifestyle property with the added bonus of subdivision potential (STCA), thanks to its Low Density Residential zoning - just like its neighbouring lots.Privately nestled among established trees and manicured grounds, this warm and inviting 4-bedroom residence features wraparound verandahs and a thoughtful layout, ideal for family living. From the north-facing rear living spaces to the detached studio and expansive shedding, every inch of this property has been cared for and cleverly utilised.Enjoy the serenity of a treed backyard while still being only a short walk to Millars Caf, parklands, walking tracks, and schools. The home offers the perfect blend of comfort, character, and future potential.Property features include: Huge 8973m (approx.) block with subdivision potential (STCA) 4-bedroom home, main with walk-in robe and ensuite Formal lounge with timber raked ceilings Open-plan kitchen, dining and family room with north-facing views Coonara wood heater, gas heater and split system Decked undercover entertaining area Wraparound verandahs for year-round outdoor living Detached studio - perfect for home office or creative space 4-car Colorbond shed plus carports Established gardens and treed backyard Water tanks and solar panels Zoned Low Density Residential - potential to subdivide into two lots (STCA)Prime location walking distance to: Millars Caf and Grand Lakes parklands Walking tracks and wetlands Lara Lake Primary School and Kindergarten Lara swimming pool and Six Ways shopping precinctThis is a truly unique property offering endless lifestyle, investment or development opportunities in a tightly held location. Inspect to truly appreciate the scale, privacy and potential on offer.All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent
Property History for 78 Buckingham St, Lara, VIC 3212
- 28 Aug 2025Sold for $1,370,000
- 14 Aug 2025Listed for Sale $1,300,000 - $1,400,000
- 08 Sep 1983Sold for $22,500
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0About Lara 3212
The size of Lara is approximately 89.5 square kilometres. There are 45 parks, covering nearly 6.7% of the total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.
Lara has 12,315 properties. Over the last 5 years, Houses in Lara have seen a 15.26% increase in median value, while Units have seen a 36.58% increase. As at 31 May 2026:
- The median value for Houses in Lara is $781,300 while the median value for Units is $556,257.
- Houses have a median rent of $580 while Units have a median rent of $480.
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