159/48 Settlement RoadCowes VIC 3922
Property Details for 159/48 Settlement Rd, Cowes
159/48 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Townhouse. The property has a floor size of 79m2.
Last Listing description (February 2023)
Palm Lake Resort is a secure, gated, Over-55's community, nestled between the Cowes Golf Course, the Phillip Island Lawn Bowls Club and a beautiful north-facing bay beach.
A low maintenance lifestyle is perfectly balanced with independent living in this light-filled villa and is ideal for those looking to downsize.
As you enter the front door from the covered porch area, you are greeted by the living area with high, raked ceiling, generously sized and complimented by a spacious kitchen and dining space. The functional kitchen provides plenty of storage & offers gas cooktop, electric oven & stone benchtops.
Other features include new carpet throughout, split system heating and cooling, ceiling fan in the living area, and separate side access to the rear yard. Property is being sold as a Leasehold.
Your relaxed retirement lifestyle is waiting for you!
Property History for 159/48 Settlement Rd, Cowes, VIC 3922
- 10 Jun 2022Listed for Sale $355,000 to $389,000
- 21 Jul 2016Listed for Sale $278,000 ONO
- 26 Jan 2016Listed for Sale Not Disclosed
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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 8,445 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:
- The median value for Houses in Cowes is $725,655 while the median value for Units is $540,495.
- Houses have a median rent of $490 while Units have a median rent of $430.
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