2/278 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
 
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2/278 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 353m2
Land area: 371m2
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Last updated 26 Jan 2026
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Property Details for 2/278 Settlement Rd, Cowes

2/278 Settlement Rd, Cowes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 371m2 and floor size of 353m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2000
Floor Size
353m2
Land Size
371m2
Local Government
Bass Coast
Lot/Plan
2/PS512518

Last Listing description (May 2020)

This is a charming townhouse close to Cowes central and a short walk to a great stretch of shops and the famous Cowes north facing beach. A great place to sit back relax and enjoy all that Phillip Island has to offer. The downstairs area offers an open living plan that gives you a sense of space with a modern kitchen, large bedroom and bathroom and a wonderful paved covered entertainment area for BBQs. Access is also gained by the single garage. Upstairs offers a large double bedroom and second living or 3rd bedroom with a second bathroom. Cooling/heating on both floors.

Property History for 2/278 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$417,000
13 Feb 2020
Listed for Rent
$200/w
21 Jun 2016
  • 13 Feb 2020
    Sold for $417,000
  • 22 Nov 2019
    Listed for Sale $429,000
  • 31 May 2016
    Listed for Rent - Price not available
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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 100 properties listed for sale, and 22 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 286 properties were sold in the past 12 months in Cowes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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