49 Teddy Bear Lane, Cowes is a 5 bedroom, 3 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2022.
Perfectly packaged upon approx. 603m2, backed by a recreation reserve and located only moments away from Red Rocks Beach, this charming home promises the coastal lifestyle you've been dreaming of.
The front garden will delight from the very first glance, while exposed brick walls add character to the exterior. The interiors are overflowing with eclectic charm, lots of natural light and bright accents.
The open plan living/dining/kitchen zone creates a relaxed setting, with the large kitchen taking care of all your cooking needs with ample storage, cooking appliances and breakfast bar. Graced with a wood heater, the lounge creates a calming retreat for relaxation. A reverse cycle air-conditioner keeps you comfortable throughout the year.
The spacious main bedroom is graced with garden views and separate balcony, featuring BIR and ceiling fan and has close access to the upstairs bathroom. The upstairs study offers versatility as a 5th bedroom. Three generous downstairs bedrooms (two with built-in robes) are serviced by the second bathroom, while the laundry completes the layout. The downstairs living area offers versatility as a home office, teen retreat or workshop.
The feeling of privacy is simply superb, thanks to the home bordering the recreation reserve. The oversized garage will accommodate up to five cars or could be used as a workshop, while double gates open onto the secure courtyard for boat or caravan storage.
This amazing location places you within easy reach to all that Phillip Island has to offer. Whether you're dreaming of carefree coastal living, hoping to grow your investment portfolio, or looking for the perfect holiday home, this is the one you've been waiting for.
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 8,428 properties. Over the last 5 years, Houses in Cowes have seen a 4.05% increase in median value, while Units have seen a 15.10% increase. As at 31 May 2026:
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