121/2128 Phillip Island Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

121/2128 Phillip Island Road
Cowes VIC 3922

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 31m2
Land area: 258666m2
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Property Details for 121/2128 Phillip Island Rd, Cowes

121/2128 Phillip Island Rd, Cowes is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 258666m2 and floor size of 31m2.

Building Type
Unit
Year Built
2008
Floor Size
31m2
Land Size
258666m2
Local Government
Bass Coast

Last Listing description (June 2026)

Villa 121 is a great investment opportunity in the sought-after Ramada Resort on Phillip Island.
Ideally located in a prime spot, this one-bedroom villa features a large bathroom with a spa bath, full shower, and ample space. An ideal space for relaxation and entertainment is an open-plan living, dining, and kitchen area. It features high ceilings, air conditioning, and a dishwasher. The two outdoor spaces consist of a north-facing entertaining deck with an outdoor dining setting, the perfect quiet location to relax and enjoy the sunshine. In comparison, the rear deck offers a lovely private shady area off of the kitchen. Villa 121 is positioned in a prime location for guests to enjoy the resort's amenities.

The Ramada Resort Phillip Island offers a relaxed and comfortable holiday experience in a stunning natural location. The resort is an easy two-hour drive from Melbourne and conveniently located in the centre of Phillip Island, set on 65 acres of beautiful countryside. Ramada Phillip Island is surrounded by native gardens and natural bushland, creating the ideal atmosphere to relax and unwind. Ramada resort offers one heated indoor pool, 3 Outdoor pools, one indoor spa, two outdoor spas, a Sauna, Gymnasiums, Tennis Courts, BBQs, a Restaurant, Cafe, Bar, Event and conference facilities, a Games room, Children's playground, Go Karts and more.

These sought-after villas offer exceptional value and an excellent opportunity for those looking for an investment property. You will appreciate all of the incredible amenities this resort offers, and it's only a short walk to the resort's restaurant, cafe and bar.
What could be better than owning a private retreat in the sought-after Ramada Resort Phillip Island?

Property History for 121/2128 Phillip Island Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 02 Nov 2023
    Listed for Sale $235,000
  • 29 Dec 2020
    Listed for Sale $149,000
  • 24 Jan 2018
    Listed for Sale $165,000
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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 8,443 properties. Over the last 5 years, Houses in Cowes have seen a 3.48% increase in median value, while Units have seen a 9.60% increase. As at 30 June 2026:

  • The median value for Houses in Cowes is $734,764 while the median value for Units is $528,338.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 104 properties listed for sale, and 34 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 274 properties were sold in the past 12 months in Cowes.

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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.