28 Monash Avenue, Cowes, VIC 3922 | Land for sale | OnTheHouse
 
FOR SALE
$519,000

28 Monash Avenue
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 744m2
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Rare Land in Central Cowes

An exceptional opportunity to secure a substantial parcel of vacant land in a highly convenient central Cowes location, this generous 741sqm (approx.) allotment offers the perfect foundation for your future coastal home, holiday retreat or investment project (STCA).
Positioned in a quiet and established street, the property enjoys the unique advantage of being the last remaining vacant block in its immediate surrounds, providing an increasingly rare chance to build new within an already established neighbourhood.
One of the standout features of this location is the ability to leave the car at home and enjoy everything Cowes has to offer on foot. Thompson Avenue's vibrant shopping and dining precinct is within easy walking distance, placing supermarkets, cafés, restaurants, specialty stores and everyday conveniences close at hand. The beautiful north-facing Cowes foreshore and main swimming beach are also approximately 900 metres away, making morning walks along the beach, summer swims and relaxed days by the water part of everyday life.
With 741sqm (approx.) of land to work with, there is excellent scope to design a quality residence that takes full advantage of the block, whether you envision a spacious permanent home, contemporary coastal escape or future investment (STCA).
Vacant land of this size in such a central and established Cowes location is becoming increasingly difficult to find. Combining space, convenience and an enviable coastal lifestyle, this is an outstanding opportunity to secure your own piece of Phillip Island and create something truly special.
This property is proudly for sale through Ray White Real Estate Phillip Island.
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Property Details for 28 Monash Ave, Cowes

Building Type
Land
Land Size
744m2
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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 8,467 properties. Over the last 5 years, Houses in Cowes have seen a -5.10% decrease in median value, while Units have seen a -3.99% decrease. As at 31 August 2026:

  • The median value for Houses in Cowes is $713,253 while the median value for Units is $499,704.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 103 properties listed for sale, and 20 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 271 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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