21 Buckingham Street

Lara VIC 3212

2878 m²

House

Last sold for $1,550,000

Karen Branch, last sold this property on 20 May 2026 after 42 days on market.

Overview

PRIME DEVELOPMENT OPPORTUNITY - RARE DUAL TITLE HOLDING WITH 67M FRONTAGE

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

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

2878 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lara over the last 12 months, the estimated median property value of 21 Buckingham Street is $650k.

Median value

$650k

Estimated value range

$510k - $1.55m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lara. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.