249 Settlement RoadCowes VIC 3922
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 September 1999.
Last Listing description (May 2026)
***Under Contract *** 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
- 10 Oct 2025Listed for Sale $580,000
- 04 Sep 2017Listed for Rent $280 / week
- 09 Jun 2015Listed for Rent - Price not available
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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 8,429 properties. Over the last 5 years, Houses in Cowes have seen a 4.05% increase in median value, while Units have seen a 15.10% increase. As at 31 May 2026:
- The median value for Houses in Cowes is $718,048 while the median value for Units is $536,242.
- Houses have a median rent of $510 while Units have a median rent of $445.
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