249 Settlement Road, Cowes, VIC 3922 sold on 04 August 2026 | OnTheHouse
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Sold on 04 Aug 2026 for $567,500

249 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 677m2
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Property Details for 249 Settlement Rd, Cowes

249 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 677m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Cowes in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
677m2
Local Government
Bass Coast
Lot/Plan
11/LP54178

Last Listing description (August 2026)

Positioned in a convenient location right in the heart of Cowes behind a secure fence, close to schools, shops and public transport, this solid brick residence offers outstanding potential for first home buyers, renovators, investors and developers alike.

The home features three bedrooms all with built in robes, serviced by a central family bathroom, a spacious living area and a functional kitchen, all ready for a modern update or simply move in and now and enjoy. Offering a generous allotment of approx. 677m2 , the property also provides exciting subdivision potential (STCA) for those seeking to capitalise on the growing demand in Cowes.

Property features:

Three bedrooms all with built in robes, one bathroom

Original kitchen and open dining area

Spacious living room with natural light through a Bay window

Split system heating and cooling

Generous yard with established trees and gardens

Entertaining deck

Ample off-street parking and single garage with tool shed

Convenient location close to schools, shops and transport

Excellent renovation or development opportunity (S.T.C.A.)

With solid bones and endless possibilities, this property represents an affordable entry point into a sought-after location, ready for its next chapter.

Property History for 249 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$567,500
04 Aug 2026
Listed for Rent
$280/w
04 Sep 2017
  • 04 Aug 2026
    Sold for $567,500
  • 10 Oct 2025
    Listed for Sale $579,000
  • 04 Sep 2017
    Listed for Rent $280 / week
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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 8,449 properties. Over the last 5 years, Houses in Cowes have seen a -0.54% decrease in median value, while Units have seen a 5.68% increase. As at 31 July 2026:

  • The median value for Houses in Cowes is $729,301 while the median value for Units is $528,310.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 102 properties listed for sale, and 28 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

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Christie Spargo
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Barry Plant Phillip Island
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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.