2/21 Morgan Street, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

2/21 Morgan Street
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 501m2
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Last updated 2 Feb 2026
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Property Details for 2/21 Morgan St, Cowes

2/21 Morgan St, Cowes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 501m2.

Building Type
Unit
Land Size
501m2
Local Government
Bass Coast
Lot/Plan
2/PS513265

Last Listing description (May 2025)

This charming 3-bedroom, 2-bathroom home at Unit 2/21 Morgan Street with no body corporate, offers everything you need for a comfortable lifestyle in beautiful Cowes. Whether you're searching for your first home, a family retreat, or a savvy investment, this property is a must-see!

The open-plan living areas are spacious and bright, with the family room flowing effortlessly into the kitchen and dining areas. Large windows allow natural light to flood the space, providing a lovely view of the front yard overlooking the nature reserve. The well-appointed kitchen is designed with sleek benchtops, functional appliances, and ample storage, making meal preparation a breeze.

Each of the three generous bedrooms is thoughtfully designed with plenty of space, with the master featuring a walk-in robe and ensuite for your convenience and privacy. The large yard offers a peaceful retreat, perfect for outdoor dining, gardening, or simply enjoying the natural surroundings. It's an ideal spot for kids to play or to unwind in the sunshine.

You'll love the two decks that offer plenty of space for relaxation or entertainment while soaking in the fresh air and serene environment. The large carport accommodates multiple vehicles, and additional storage space provides extra convenience.

Living in this location of Cowes means you're just moments away from Cowes town but steel feel like your away in the peaceful pocket with little interruptions, with sandy beach shores and crystal-clear north-facing waters, perfect for swimming, boating, and enjoying the iconic Phillip Island sunsets. The property is also close to shops, cafes, schools, and local attractions such as the Penguin Parade and nature reserves, ensuring you're never far from anything you need.

With its serene setting and proximity, this home is ideal for families and investors alike, offering both a relaxed coastal lifestyle and great potential for investment returns. Don't miss the opportunity to own this delightful family home in one of Victoria's most desirable coastal locations. Contact us today to arrange an inspection and find out more!

This home for sale in Cowes is proudly brought to you by Ray White Real Estate Phillip Island.

Property History for 2/21 Morgan St, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 26 Feb 2025
    Listed for Sale $560,000 - $600,000
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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 8,447 properties. Over the last 5 years, Houses in Cowes have seen a 23.10% increase in median value, while Units have seen a 42.95% increase. As at 31 December 2025:

  • The median value for Houses in Cowes is $722,608 while the median value for Units is $561,965.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 99 properties listed for sale, and 24 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 284 properties were sold in the past 12 months in Cowes.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.