1/2 Albert Street, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Albert Street
Cowes VIC 3922

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 346m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 1/2 Albert St, Cowes

1/2 Albert St, Cowes is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 346m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1940
Floor Size
115m2
Land Size
346m2
Local Government
Bass Coast
Lot/Plan
1/PS540240

Last Listing description (November 2021)

The cottage and the oak tree, what a charming combination. Add to this a sought after location, with beach access visible from the front of the property - this is a property that will appeal to many.

The character and uniqueness of this home is evident from the moment you enter the front gates. The prominent oak tree, providing shade and a classic street scape. There is room for vehicles under the large double carport at the front, ideal for parking the boat or family cars. A wrought iron gate, leads you to the front entry and a delightful north facing sun deck.


As you step inside, you will be impressed by what is on offer.
Downstairs, the main living area boasts a cozy slow combustion fire to warm up in winter after long walks on the beach, and split system heating/cooling for the summer months, a functional kitchen with dishwasher, wall oven and stovetop.
There are 2 bedrooms on this ground floor (one being the master with french door access out to the sun deck, and a smaller bedroom - ideal for a set of bunk beds), two bathrooms and 2 toilets (one is combined with the laundry) completing this first level.

Upstairs you will find 2 further bedrooms with gable ceilings, and light filled landing - the perfect position for a day bed, or study nook.

Situated on a low maintenance 330sqm fully fenced allotment, only 150m from the beach, and a few minutes walk to shops, restaurants, cafs and amenities, and within 10-15 minutes drive from most of the Phillip Island tourist attractions (including the Nobbies, Penguin Parade, Grand Prix Circuit and Churchill Island) and the popular island surf beaches.

This really is a one of a kind, and is the perfect place to create your family memories. Whether its for permanent or holiday living, or offering fabulous potential for a bed and breakfast - locations like this are hard to come by.

Auction on site, Saturday 20th November 2021 at 11.00am. For further information, please contact Bec Anderson on 0402 211 823 or Christie Spargo on 0410 111 557.

***Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government.***


This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.

Property History for 1/2 Albert St, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$935,000
20 Nov 2021
Listed for Rent
$1.86k/w
15 Aug 2008
  • 20 Nov 2021
    Sold for $935,000
  • 24 Oct 2021
    Listed for Sale AUCTION Saturday 20th November 2021 @ 11am
  • 28 Apr 2009
    Sold for $360,000
Sign in to see more transactions
Commute Calculator

About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. It has 20 parks covering nearly 6.7% of 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 8,445 properties. Over the last 5 years, Houses in Cowes have seen a 25.96% increase in median value, while Units have seen a 43.23% increase. As at 30 November 2025:

  • The median value for Houses in Cowes is $720,387 while the median value for Units is $532,034.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 109 properties listed for sale, and 18 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 261 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

Market Insights
Cowes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cowes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.