448/2-3 The Esplanade Cowes VIC 3922
Property Details for 448/2-3 The Esplanade, Cowes
448/2-3 The Esplanade, Cowes is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 3105m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
Last Listing description (June 2026)
Positioned within the highly sought-after Waves complex on the Cowes foreshore, this beautifully presented apartment offers an outstanding opportunity to secure a low-maintenance coastal retreat in one of Phillip Island's most desirable locations.
Nestled on the top floor, the apartment enjoys a lovely east-facing aspect, with a private balcony that captures the morning sun and provides the perfect space to relax and unwind. Located directly opposite the beach and adjoining the Esplanade, the property places you within easy walking distance of Cowes' vibrant cafs, restaurants, shops, supermarkets and waterfront attractions.
Offered fully furnished and ready to enjoy, the apartment presents exceptional flexibility for owners and investors alike. Continue its successful holiday accommodation operation, move straight in and enjoy the lifestyle, or explore the option of a permanent rental investment.
With significant upgrades underway along the Cowes foreshore and Thompson Avenue precinct, the area continues to evolve as one of Victoria's premier coastal tourism destinations, further enhancing the appeal of this outstanding property.
Whether you're seeking a holiday escape, investment opportunity or easy-care permanent residence, this superbly located Waves apartment delivers lifestyle, comfort and convenience in equal measure.
Property History for 448/2-3 The Esplanade, Cowes, VIC 3922
- 15 Jun 2026Listed for Sale $459,000
- 12 Feb 2013Sold for $220,000
- 02 May 2010Sold for $255,000
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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 8,451 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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