21 Hope WayCowes VIC 3922
Property Details for 21 Hope Way, Cowes
21 Hope Way, Cowes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 559m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (October 2025)
This well-maintained double-storey property in the highly sought-after Shearwater Estate offers an excellent investment opportunity in the picturesque Phillip Island, Victoria. With a prime location just minutes from pristine beaches, local amenities, and popular attractions, this home is perfect for both tenants and future owners.
The property boasts a spacious and functional design, with the upper level featuring a well-equipped kitchen and light-filled living room. From the east-facing deck, you can enjoy stunning views of the rural landscape and across to Westernport Bay and Rhyll, providing a serene backdrop for daily life. The master bedroom, also located upstairs, includes a private ensuite, a walk-in robe, and a balconette an ideal spot for a morning cuppa.
Downstairs, the home offers three additional bedrooms and a main bathroom, ensuring ample space for families or guests. The property is in excellent condition and includes a carport and garden shed for convenience.
Currently tenanted, this property is available on the market with the option for either a continued tenancy or vacant possession, making it a flexible and appealing option for investors. A current depreciation schedule is available on request.
Don't miss the chance to secure a well-located, easy-care property in one of Phillip Island's most desirable estates.
Property History for 21 Hope Way, Cowes, VIC 3922
- 20 Dec 2024Listed for Sale $749,000
- 04 Jun 2019Listed for Rent $380 / week
- 30 Jun 2017Sold for $155,900
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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 8,452 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.
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