160/48 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 79m2.
For those over 55 looking for an Island lifestyle, somewhere secure with an extensive range of facilities, this immaculate unit will exceed your expectations.
Located in the relaxed atmosphere of the Palm Lakes Resort, this unit offers 2 good sized bedrooms, central bathroom, generous kitchen with gas cooktop, wall oven and breakfast bar, dining room and spacious lounge area. The unit also offers a front verandah, low maintenance gardens and single car garage which is accessible from the unit.
The shared facilities include an indoor heated pool, indoor bowls area, barbecue area, even a movie theatre, There is also a grand piano, dance floor and a huge games room with table tennis, pool or billiards.. The Resort also has a library and a computer room with broadband internet. Situated between the golf course, and the bowls club it is also only a short distance to Cowes central and the beach. Your inspection is warmly invited.
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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