1/232 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
 
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1/232 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 160m2
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Last updated 2 Feb 2026
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Property Details for 1/232 Settlement Rd, Cowes

1/232 Settlement Rd, Cowes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2019. The property has a land size of 160m2 and floor size of 126m2.

Building Type
Townhouse
Year Built
2019
Floor Size
126m2
Land Size
160m2
Local Government
Bass Coast
Lot/Plan
1/PS825180

Last Listing description (December 2025)

This opportunity doesn't come around often, get in while you can on this fantastic return on investment opportunity.

On offer is this double storey townhouse, featuring 2-bedrooms downstairs with external access to rear courtyard space. Main bathroom is centrally situated with shower, vanity and toilet.

Moving upstairs you are greeted by a large open plan kitchen, dining and living area with skylight and direct access to a rear East facing balcony with plenty of room for outdoor setting and bbq. A powder room and laundry complete this living zone.

The master suite is to the other side of this upstairs space and is beautifully fitted, light and bright with fabulous West facing windows, built in robes and access to a full ensuite including bath, shower, vanity and toilet.

Townhouses like these don't come around often, especially with the added benefit of a single garage with carport. All within an easy walk to Thompson Avenue, Cowes and everything this wonderful bayside town has to offer.

Get in touch with our team today to arrange your inspection of this fantastic investment opportunity.

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Property History for 1/232 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Listed for Rent
$370/w
14 Oct 2019
  • 26 Aug 2025
    Listed for Sale $630,000 - $650,000
  • 28 Nov 2019
    Listed for Rent $370 / week
  • 26 Sep 2019
    Listed for Rent - Price not available
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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 8,447 properties. Over the last 5 years, Houses in Cowes have seen a 23.10% increase in median value, while Units have seen a 42.95% increase. As at 31 December 2025:

  • The median value for Houses in Cowes is $722,608 while the median value for Units is $561,965.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 100 properties listed for sale, and 23 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 286 properties were sold in the past 12 months in Cowes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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