32 Teddy Bear Lane, Cowes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 628m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Situated on a 625sqm approx. allotment in a quite leafy street, walking distance to Red Rocks Beach, is this stunning contemporary coastal home. Only 5 minutes' drive to the centre of Cowes, and within 10 minutes of all the major Phillip Island tourist attractions including the Nobbies Centre overlooking the Bass Strait, Phillip Island Penguin Parade and world-class Phillip Island Grand Prix Circuit, many cafes and restaurants - this home would be perfect for either holiday or permanent living.
Built in late 2015 (only 5.5 years old), the floor plan is both functional and spacious - boasting 3 bedrooms, 2 living areas, 2 bathrooms, and separate laundry. With the great use of natural light, high ceilings and a neutral colour scheme, the home provides beautiful lines and easy living spaces.
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 8,445 properties. Over the last 5 years, Houses in Cowes have seen a 19.53% increase in median value, while Units have seen a 32.84% increase. As at 31 January 2026:
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