148 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House and was built in 1967. The property has a land size of 613m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Positioned in the heart of Cowes and situated on a 644sqm approx. fenced allotment. This desirable property is ideal for a first home buyer, holiday home, an investment property or an opportunity to renovate/extend or rebuild (S.T.C.A) - leaving you with endless possibilities.This retro besser brick with original 1960's features, comprises of an open plan living/kitchen and dining area with large windows allowing lots of natural light and featuring exposed beams.Inside are two bedrooms with polished floors, bathroom, separate shower, toilet and laundry.The third bedroom (or potential sunroom/study/office) has a separate entry and a freestanding bungalow providing a fourth bedroom.An additional bungalow could be restored as a second living area with kitchen and ensuite, or used as a workroom, storage area or man cave!All of this is within proximity to the local primary schools, doctors, shops/cafes and everything Cowes has to offer.Set on a fully fenced, low maintenance garden and driveway, inbuilt storage and tool shed, water tank, fruit trees.With scope to enhance and a highly sought-after location, inspection is a must.This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.
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 8,443 properties. Over the last 5 years, Houses in Cowes have seen a 15.80% increase in median value, while Units have seen a 27.37% increase. As at 28 February 2026:
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