157/48 Settlement Rd, Cowes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a floor size of 132m2.
This unit in the well equipped Penguin Resort is central to all facilities, the complex offers a swimming pool, gym, theatre room and games area (just to mention a few).
With 3 bedrooms & 2 bathrooms, sizable large open plan living room, open kitchen/meals area with stone benches, with a lockable remote garage, this unit is low maintenance living at its very best.
With the Penguin Resort situated within walking distance to the Golf course, central Cowes & north facing beaches you can enjoy all that Cowes has to offer.
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 19.53% increase in median value, while Units have seen a 32.84% increase. As at 31 January 2026:
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