268 Settlement Road, Cowes, VIC 3922 | House for sale | OnTheHouse
 
FOR SALE
$559,000 - $599,000

268 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 660m2
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Well-Located Cowes Opportunity

Set on an approximately 668sqm allotment, this well-located home presents an excellent opportunity for first home buyers, investors or those seeking a comfortable coastal residence within easy reach of Cowes' key amenities.
The home comprises three well-proportioned bedrooms, all fitted with built-in robes and serviced by a central family bathroom. The kitchen is functional and well equipped with a 600mm gas cooktop, electric oven, dishwasher and laminate benchtops, flowing through to the main living and dining area. A second, separate living room provides valuable additional space, ideal for families, a media room or a quiet retreat. Vinyl floorboards and carpeted zones create a practical and comfortable layout for everyday living.
Adding further flexibility is a versatile storage room that can easily be utilised as a study, workshop or hobby space, catering to a variety of lifestyle needs. Year-round comfort is ensured with a split system heating and cooling unit, complemented by gas hot water, blinds throughout and a water tank.
Externally, the property features a double carport, with a secure area for a boat or caravan and low-maintenance surrounds, while the location is a standout. Enjoy a leisurely 10-minute walk to the Thompson Avenue shopping precinct with its array of shops, cafés and restaurants, and just a 20-minute stroll or 5-minute drive to the Cowes foreshore and waterfront.
A solid and well-positioned home offering convenience, space and lifestyle appeal in the heart of Cowes.
*Photo ID is required at all Open for Inspections.
The property in Cowes is proudly for sale through Ray White Real Estate Phillip Island.
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Property Details for 268 Settlement Rd, Cowes

268 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 660m2. The place is currently for sale with Ray White Phillip Island.

Building Type
House
Land Size
660m2
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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 8,427 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 94 properties listed for sale, and 31 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 272 properties were sold in the past 12 months in Cowes.

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Sam Clark
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Ray White Phillip Island
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