272 Settlement Road, Cowes, VIC 3922 sold on 20 August 2025 | OnTheHouse
SOLD
Sold on 20 Aug 2025 for $683,500

272 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 6132m2
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Property Details for 272 Settlement Rd, Cowes

272 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 6132m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Cowes in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
107m2
Land Size
6132m2
Local Government
Bass Coast
Lot/Plan
12/LP124710

Last Listing description (August 2025)

Positioned on a generous 660sqm* allotment with a prized north-facing rear yard, this beautifully elevated 3-bedroom beach house delivers the ultimate in low-maintenance coastal living. Whether you're searching for a permanent residence, investment property, beachside escape or future development opportunity (STCA), this home offers undeniable lifestyle appeal.

Upon entering, you'll be greeted by a full-width wrap-around veranda that leads into the heart of the home a spacious open-plan living and dining area filled with natural light. The modern classic kitchen features electric cooking and ample storage. Three generously sized bedrooms, including the master with a walk-in robe, offer comfortable living. The other two bedrooms come with built-in robes. The home also includes an immaculate bathroom, separate toilet, and a neat laundry.

Step outside to the raised and covered deck that overlooks the lush, expansive north-facing rear gardenperfect for outdoor entertaining or simply relaxing in privacy. With room for renovation or the potential to rebuild (STCA), this property presents numerous opportunities, whether as an investment, permanent residence, beachside getaway, or development project.

Additional features include reverse cycle air conditioning, roller blinds, a carport, and a lock-up garage for added convenience. The location is second to nonejust a short walk to Thompson Avenue's charming strip of shops, cafes, and eateries, major supermarkets, beautiful beaches, picnic spots by the foreshore, the yacht club, and the primary school. Sports enthusiasts will appreciate being moments away from the recreation reserve, tennis club, bowls club, and two golf clubsPhillip Island Golf Club and Cowes Golf Club.

With easy access to the Mornington Peninsula via the Westernport Ferry and only minutes from iconic tourist hotspots, and zoned within Bass Coast Secondary College, this home is an ideal lifestyle choice.

Currently leased and returning a generous annual income of $27,635.64, this is not only a fantastic lifestyle choice but also a smart investment opportunity.

SOLD!!

Approx.*

Should you require further information regarding this property, please contact Colin Rounds – 0419 015 879

Property History for 272 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$683,500
20 Aug 2025
Listed for Rent
07 May 2024
  • 20 Aug 2025
    Sold for $683,500
  • 12 Dec 2024
    Listed for Sale Not Disclosed
  • 05 Apr 2024
    Listed for Rent $480 / week
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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 8,449 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.
There are currently 111 properties listed for sale, and 16 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 281 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.