38 Koala Street, Cowes, VIC 3922 | Property Value & History | OnTheHouse
FOR SALE

38 Koala Street
Cowes VIC 3922

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 656m2
This property is currently on the market
Save

Property Details for 38 Koala St, Cowes

38 Koala St, Cowes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 656m2 and floor size of 164m2.This Property is currently listed for sale with gr8 est8 agents

Building Type
House
Year Built
2015
Floor Size
164m2
Land Size
656m2
Local Government
Bass Coast
Lot/Plan
6/LP56123

Last Listing description (March 2026)

Coastal Elegance in the Heart of Cowes

38 Koala Street, Cowes Phillip Island
Welcome to a home that perfectly captures the relaxed charm and lifestyle appeal of Phillip Island. Positioned in a sought-after pocket of Cowes, this beautifully presented four-bedroom, two-bathroom residence with double garage offers the ideal balance of comfort, space, and coastal sophistication.

Whether you are searching for a luxurious holiday retreat, a high-performing investment property, or the perfect place to retire and embrace the seaside lifestyle, this home delivers exceptional flexibility and long-term appeal.

Thoughtfully Designed for Modern Living
From the moment you step inside, you are welcomed by light-filled interiors and a spacious open-plan layout designed for effortless living and entertaining.

The Heart of the Home
The contemporary kitchen is both stylish and functional, featuring:
Sleek stone benchtops
Quality appliances including oven and cooktop
Ample cabinetry and storage
Generous preparation space
Seamless connection to the living and dining areas
Perfect for hosting family gatherings, summer dinners, or relaxed evenings after a day at the beach.
Comfort & Accommodation
The master suite is privately positioned and offers:
Spacious bedroom retreat
Modern ensuite with shower
Generous walk-in robe
The additional three bedrooms are well-proportioned and ideal for children, guests, or extended family. These rooms are serviced by a central bathroom complete with:
Full-size bathtub
Separate shower
Quality fittings and finishes
The practical floorplan ensures privacy while maintaining open, connected living spaces.
Outdoor & Lifestyle Appeal

Step outside and enjoy the coastal atmosphere that Cowes is renowned for. The home is positioned within walking distance to:
Cowes Beach
Local cafs and restaurants
Supermarkets and specialty shops
Public transport
Schools and essential amenities
Just a short drive away youll find:
Phillip Island Golf Course
The iconic Penguin Parade
Marina precinct
Scenic coastal walking tracks
Imagine evenings spent watching the sunset over the water, weekend brunches at local cafs, or hosting friends after a day exploring the island.

The Perfect Opportunity
This property offers outstanding versatility:
A relaxing holiday home to enjoy year-round
A strong short-term rental investment opportunity
A long-term family residence near the beach
An ideal downsizing option for retirees seeking lifestyle and convenience
Cowes continues to be one of Victorias most desirable coastal destinations, combining natural beauty with vibrant local amenities making this home both a lifestyle purchase and a smart investment.

Coastal Living Starts Here
38 Koala Street presents an opportunity to secure a spacious, modern home in a premium Phillip Island location where everything is at your doorstep.
Homes of this quality and position rarely last long.

All the hard work has been done so make sure you add this to your list as it wont last!!!

Call Team Leo 0434 929 184

PHOTO ID IS REQUIRED ON ALL INSPECTIONS

Selling? Get Gr8. Get SOLD! Trustworthy Transparent Proven Results

*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided.

Property History for 38 Koala St, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$845,000
06 Mar 2025
  • 26 Feb 2026
    Listed for Sale $869,000 - $949,000 INSPECT NOW
  • 06 Mar 2025
    Sold for $845,000
  • 24 Jan 2025
    Listed for Sale $849,000
Sign in to see more transactions
Commute Calculator

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 8,438 properties. Over the last 5 years, Houses in Cowes have seen a 15.80% increase in median value, while Units have seen a 27.37% increase. As at 28 February 2026:

  • The median value for Houses in Cowes is $734,258 while the median value for Units is $522,563.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 102 properties listed for sale, and 33 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

Market Insights
Cowes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cowes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.