40 Driftwood Drive, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

40 Driftwood Drive
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 819m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 40 Driftwood Dr, Cowes

40 Driftwood Dr, Cowes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 819m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1987
Floor Size
137m2
Land Size
819m2
Local Government
Bass Coast
Lot/Plan
37/LP124534

Last Listing description (November 2019)

Located on a generous 818sqm approx. allotment in this quiet pocket of Cowes close to the north facing beach, is this split level home.

A striking entrance leads into the home. The flexible floor plan incorporates two separate light filled living areas, and a contemporary kitchen. 3 generous bedrooms, with the master suite complemented by a dressing room area, and spacious ensuite.

Outside a large private rear yard is the perfect place to spend a sunny afternoon, or enjoy a barbecue on the upper north-west facing decking area. There is accommodation for vehicles in the carport as well ample spaces for caravan or boat.

Other features include:-
Slow combustion wood fire
Split system heating and cooling
Bamboo flooring
Solar power

With only 500m approx. to the stunning sandy Cowes beach, and a few minute drive to Thompson Avenue shops, caf's and restaurants - this delightful home would appeal to both holiday or permanent buyers.

Contact us today to arrange your private inspection.

This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.

Property History for 40 Driftwood Dr, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$595,000
27 Oct 2019
  • 27 Oct 2019
    Sold for $595,000
  • 01 Jul 2019
    Listed for Sale $585,000 - $620,000
  • 25 Oct 2018
    Listed for Sale $595,000 - $650,000
Sign in to see more transactions
Commute Calculator

About 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 8,447 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.
There are currently 104 properties listed for sale, and 34 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 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.