194 Settlement RoadCowes VIC 3922
Property Details for 194 Settlement Rd, Cowes
Last Listing description (August 2024)
Nestled within the heart of Cowes, discover an exceptional opportunity on an 836 sqm approximate allotment. This blank canvas offers the promise of a bright future in this highly sought-after locale.
Embracing a prime central location, this development site is perfectly situated just a stone's throw away from the Cowes Primary School, IGA, and the bustling Thompson Avenue. Convenience and accessibility define its appeal.
The property presents a clean slate for your vision, as the original old cottage and outbuildings on-site await transformation through demolition. Unlock the potential for subdivision, providing an exciting prospect for investors and developers, pending council approval.
This site is a canvas for your dreams, set against the backdrop of a vibrant, welcoming community. It's an opportunity to shape the future in an unbeatable location. Explore the possibilities and make your mark in the heart of Cowes.
Don't miss your chance to be part of the transformation of this prime development site. Act now and seize the potential that awaits in this charming coastal town.
Please note that boundaries on photography images are estimates only.
This property for sale in Cowes is proudly presented to you by Ray White Real Estate Phillip Island.
Property History for 194 Settlement Rd, Cowes, VIC 3922
- 29 Jul 2025Sold for $620,000
- 20 May 2024Listed for Sale $565,000
- 17 May 2024Sold for $603,500
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0About 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 8,427 properties. Over the last 5 years, Houses in Cowes have seen a 6.99% increase in median value, while Units have seen a 15.45% increase. As at 30 April 2026:
- The median value for Houses in Cowes is $725,842 while the median value for Units is $531,291.
- Houses have a median rent of $500 while Units have a median rent of $450.
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