20/48-80 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
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20/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 225m2
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Last updated 6 Jul 2026
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Property Details for 20/48-80 Settlement Rd, Cowes

20/48-80 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 225m2.

Building Type
Townhouse
Land Size
225m2
Local Government
Bass Coast

Last Listing description (July 2024)

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.

Two bedrooms, both with built in robes, are serviced by a central bathroom with separate toilet off the laundry. From the laundry there is an enclosed sunroom and additional covered outdoor area that leads out to the enclosed rear courtyard. The single car garage has internal access to the sunroom.
Other features include split system heating and cooling, ceiling fan in the living area, and separate side access to the rear yard.
Your relaxed retirement lifestyle is waiting for you!
Please note:
This property is within the Palm Lake Resort, retirement living complex. All units are sold on a Leasehold basis and are subject to the rules of the park.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 20/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 08 May 2024
    Listed for Sale $365,000
  • 29 May 2023
    Listed for Sale $380,000
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About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. There are 20 parks, covering nearly 6.7% of the 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 3.48% increase in median value, while Units have seen a 9.60% increase. As at 30 June 2026:

  • The median value for Houses in Cowes is $734,764 while the median value for Units is $528,338.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 104 properties listed for sale, and 34 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 272 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.