The first school in what is now Buckley, which pre-dated the one at the Laketown settlement, had opened in 1867 as Lake Modewarre School No. 926, a Catholic school. It was located on the corner of Buckley School Road and Buckley School South. Historian Ian Wynd wrote that it closed in 1874, but that some sources suggest it continued to 1883 and that its students were sent to the Laketown school. A second school, initially also named Lake Modewarre, opened in 1874 as School No. 1481. It changed its name to Buckley's Road State School in 1890, and again to Buckley State School in 1936. Buckley Primary School was closed and merged into Moriac Primary School, on the Moriac school site, in 1993.[9][10]
The locality once had a railway station on the Port Fairy railway line. It was successively named Laketown, Modewarre, and then Buckley, as the name of the area changed over the years. The station was closed in 1955.[12] The station also had its own post office, separate to that at the Laketown settlement. That post office was opened as Lake Town Railway Station Post Office on 1 May 1884, renamed Modewarre Railway Station PO on 10 March 1885, Buckley's Road PO on 15 August 1890, Buckley Railway Station PO in 1910, and Buckley PO on 18 October 1848. It closed on 30 June 1970.[13]
Buckley remains a small rural locality. The Buckley Tennis and Social Club is among the last community institutions remaining in the town.[14] The Erinvale Thoroughbreds stud, based on the historic Carawartha property, is at Buckley.[15]