248 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
 
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248 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 873m2
Land area: 837m2
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Property Details for 248 Settlement Rd, Cowes

248 Settlement Rd, Cowes is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 837m2 and floor size of 873m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1970
Floor Size
873m2
Land Size
837m2
Local Government
Bass Coast
Lot/Plan
1/LP114240

Last Listing description (August 2022)

This well maintained three bedroom plus study home is centrally located and within walking distance to the beach, shops, restaurants, cafes, plus supermarkets, and all the essential services you need. Leave your car at home in the 3 car garage, you can walk everywhere!

As you enter the home, you are greeted by a light filled entry. Downstairs there are two separate living areas, a kitchen/ dining area which connects seamlessly out to a large undercover outdoor entertaining area. The kitchen consists of an electric cooktop, oven and a dishwasher. There is a separate bathroom and laundry with internal access to the garage, which also offers rear access to the back yard.

Upstairs the spacious master bedroom boasts his and her built in wardrobes that lead through to the ensuite. The other two bedrooms offer built in robes and share a family bathroom with corner spa and toilet. There is also a large open study with plenty of storage cupboards, and lovely water glimpses to the bay - the ideal spot to work from home.

Other features include Split system heating and cooling units, slate flooring, blinds throughout, outdoor shower, and garden shed.

Situated on a very generous 873sqm approx allotment, there is plenty of room for parking the caravan, boat and cars, and enough room for side access to the rear yard.
A home with great potential for the permanent or holiday buyer, or as a fantastic additional to your rental portfolio.

This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.

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Property History for 248 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$800,000
17 Jul 2022
  • 17 Jul 2022
    Sold for $800,000
  • 10 Jan 2022
    Listed for Sale $830,000 to $850,000
  • 11 Jun 2014
    Sold for $350,000
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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 25.96% increase in median value, while Units have seen a 43.23% increase. As at 30 November 2025:

  • The median value for Houses in Cowes is $720,387 while the median value for Units is $532,034.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 107 properties listed for sale, and 14 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Cowes.

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© Copyright 2025. 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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