2/162 Settlement Road, Cowes, VIC 3922 | Unit for sale | OnTheHouse
FOR SALE
$380,000 - $400,000

2/162 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 188m2
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Affordable Coastal Living with Everything at Your Doorstep

Ideally located within easy walking distance of local shops, schools and the beach, this centrally positioned property delivers the perfect blend of comfort, convenience and a relaxed coastal lifestyle.
Whether you're searching for your first home, looking to downsize, expanding your investment portfolio with a great long term tenant already in place or seeking the flexibility to purchase multiple properties with all 3 units in the block for sale separately this is an opportunity not to be missed.
Property Features:
Two generous bedrooms
Central bathroom
Light-filled open plan living and dining
Spacious private backyard
Single carport
Easy walk to shops, schools and the beach
One of only three units in the complex
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Property Details for 2/162 Settlement Rd, Cowes

2/162 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 188m2. The place is currently for sale with Barry Plant Phillip Island.

Building Type
Unit
Land Size
188m2
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About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. There are 20 parks, covering nearly 6.7% of the total area. The population of Cowes in 2016 was 4839 people. By 2021 the population was 6593 showing a population growth of 36.2% in the area during that time. The predominant age group in Cowes is 60-69 years. Households in Cowes are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cowes work in a trades occupation.In 2021, 68.40% of the homes in Cowes were owner-occupied compared with 65.40% in 2016.

Cowes has 8,448 properties. Over the last 5 years, Houses in Cowes have seen a -0.54% decrease in median value, while Units have seen a 5.68% increase. As at 31 July 2026:

  • The median value for Houses in Cowes is $729,301 while the median value for Units is $528,310.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 102 properties listed for sale, and 29 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

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Greg Davis
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Barry Plant Phillip Island
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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.