397 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
 
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397 Settlement Road
Cowes VIC 3922

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 648m2
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Last updated 26 Jan 2026
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Property Details for 397 Settlement Rd, Cowes

397 Settlement Rd, Cowes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 648m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Land Size
648m2
Local Government
Bass Coast
Lot/Plan
85/PS534627

Last Listing description (April 2021)

With bright and fresh tones and ample light-filled rooms this immaculately presented near new home is everything you need to start living the beachside dream.

This solidly built brick home with its welcoming entrance consists of four bedrooms all with built in robes. The spacious main bedroom includes an ensuite and walk in robe. Open plan living, dining and rumpus makes this house great for entertaining. The centrally positioned kitchen has all the modern amenities, walk in pantry and island bench incorporating the sink, dishwasher and microwave. The family bathroom includes a bath and a separate shower, good sized laundry and plenty of storage.

A highlight is the alfresco decking, beautifully blooming landscaped gardens including retaining walls and well- established vegetable garden. The secure back garden area is safe for young children and pets and has an amazing separate storage shed. The remote-control double garage has internal and back garden access.

Walking distance to both the calm and safe bayside beach and the township of Cowes as well as Anderson Street boat ramp, makes the property perfect for permanent living, holiday or permanent rental.

Contact us today to organise a private or virtual inspection.

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Property History for 397 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$700,000
10 Feb 2021
  • 10 Feb 2021
    Sold for $700,000
  • 31 Jan 2020
    Listed for Sale $690,000-$720,000
  • 20 Mar 2010
    Sold for $163,000
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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 8,446 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 98 properties listed for sale, and 22 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 285 properties were sold in the past 12 months in Cowes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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