42 Eastwood Street, Bakery Hill, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

42 Eastwood Street
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 470m2
Land area: 1013m2
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Property Details for 42 Eastwood St, Bakery Hill

Building Type
Commercial
Floor Size
470m2
Land Size
1013m2
Local Government
Ballarat
Lot/Plan
1/PS605514

Last Listing description (December 2025)

Colliers are pleased to present this versatile CBD fringe office building offering a unique ability to occupy.

Property Highlights:
- Front area ground floor of 140m* and first floor area of 60m* plus 4 car parks

- Rear area of 150m* plus 3 car parks
- Meeting rooms and open plan areas
- Heating and cooling in all areas
- Rear office area 150m*
- Good street exposure

42 Eastwood Street is a modern multi featured office building on the fringe of the Ballarat CBD. The main building itself is divided into 3 separate & defined, yet interconnected office areas with middle tenancy leased.

The building internally features a range of offices, meeting rooms and open plan areas. There are three separate male/female staff amenities and kitchens throughout the building as well as heating and cooling to all areas.

The whole property has a hardstand carpark at the rear with 12 separate car parks and landscaped gardens. Located on busy Eastwood Street, with big name brands in the surrounding area such as Coles & Woolworths. Easy vehicle and pedestrian access to a wide range of retail outlets, the Law Courts & much more. Conveniently the property boasts numerous public transport options with multiple bus stops.

Front Area (Ground Floor & First Floor plus 4 car parks) For Lease: $45,000pa + GST + Outgoings
Centre Area (Ground Floor) - Leased
Rear Area (Ground Floor plus 3 car parks) For Lease: $35,000 + GST + Outgoings

For further information or to arrange an inspection, please contact Colliers agents

Travis Hurst | 0423 388 932
Sam McKeegan | 0437 534 933.

*Approximately

Property History for 42 Eastwood St, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Listed for Rent
$1.91k/w
09 Sep 2025
  • 30 Jun 2025
    Listed for Rent $99,500 / week
  • 01 Apr 2025
    Listed for Sale $1,560,000 or $99,500 per annum
  • 01 Apr 2025
    Listed for Rent $99,500 / year
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About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. There are 2 parks within the area. The population of Bakery Hill in 2016 was 164 people. By 2021 the population was 180 showing a population growth of 9.8% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation.In 2021, 43.60% of the homes in Bakery Hill were owner-occupied compared with 46.70% in 2016.

Bakery Hill has 318 properties. Over the last 5 years, Houses in Bakery Hill have seen a 4.19% increase in median value, while Units have seen a 45.21% increase. As at 31 May 2026:

  • The median value for Houses in Bakery Hill is $715,189 while the median value for Units is $625,076.
  • Houses have a median rent of $450 while Units have a median rent of $458.
There are currently 3 properties listed for sale, and no properties listed for rent in Bakery hill on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in Bakery hill.

Suburb Insights for Bakery Hill 3350

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.