372 Settlement RoadCowes VIC 3922
Property Details for 372 Settlement Rd, Cowes
372 Settlement Rd, Cowes is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 807m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 4 bedroom House sold in Cowes in the last 12 months.
Last Listing description (June 2026)
Welcome to 372 Settlement Road, Cowes, Phillip Island.
Set on a huge 807m² corner allotment, this well-appointed four-bedroom plus study residence offers space, flexibility and relaxed coastal living, enhanced by the benefits of energy-efficient design. Just needs some TLC. Great potential as a rental property or renovate to suit your family needs.
Perfectly positioned just a 10-minute stroll to the local beach and only a short 3-minute drive to Cowes' vibrant main shopping strip, this property delivers the ideal blend of lifestyle and convenience. You can also enjoy a walk around the Seagrove Way Wetlands Area only 300 metres away.
Inside, the home features four spacious bedrooms (plus a work from home office with it's own entrance), making it perfect for family living or holiday accommodation. A generous open-plan living zone seamlessly combines the timber kitchen, dining and lounge area, creating a warm and inviting central hub of the home. Glass sliding doors open onto an outdoor deck that flows into the backyard - a private and secure space ideal for children and pets to play.
A rooftop solar system helps reduce electricity costs, making everyday living more affordable and environmentally friendly.
Positioned on a large corner block, the property offers exceptional accessibility with two separate driveways, allowing entry from Settlement Road or Seascape Avenue. A single-car garage provides secure parking, while the dual street frontage offers ample room for boats, caravans or additional vehicles - highly desirable feature in a coastal location.
Whether you're searching for a permanent residence, holiday escape or smart investment, this property delivers on space, position, sustainability and future potential (STCA).
Key Features:
* Four generous bedrooms plus study
* Timber floorboards
* Expansive 807m² corner block
* Light-filled spacious open-plan living
* Timber kitchen with electrical appliances
* Bathroom with spa bath
* Rooftop solar system for energy-efficient living
* Single-car garage
* Dual driveways with access from Settlement Road & Seascape Avenue
* 10-minute walk to the beach
* 3-minute drive to Cowes main shopping precinct
* Ideal for family living, holiday home or investment
* Potential future development or sub-division (STCA)
Please contact Teresa on 0429 398730 for more information or a private inspection.
Property History for 372 Settlement Rd, Cowes, VIC 3922
- 12 Jun 2026Sold for $595,000
- 19 Feb 2026Listed for Sale $649,000
- 09 Jan 2015Sold for $327,000
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0About 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 8,443 properties. Over the last 5 years, Houses in Cowes have seen a 3.48% increase in median value, while Units have seen a 9.60% increase. As at 30 June 2026:
- The median value for Houses in Cowes is $734,764 while the median value for Units is $528,338.
- Houses have a median rent of $500 while Units have a median rent of $455.
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