493 Settlement RoadCowes VIC 3922
Property Details for 493 Settlement Rd, Cowes
493 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom House. The property has a land size of 619m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom House sold in Cowes in the last 12 months.
Last Listing description (January 2026)
Perfectly positioned just a 10-minute walk to the beach(approx), this charming 2-bedroom, 1-bathroom home in Cowes offers incredible value and potential - making it the ideal opportunity for first-home buyers looking to enter the market.
Set on a full-size block, there's plenty of room to grow. Whether you're dreaming of an outdoor entertaining area, a larger family home, or a future extension (STCA), this property provides the space and flexibility to make it your own over time.
Inside, you'll find a light-filled and comfortable layout featuring a split-system heating and cooling unit for year-round comfort. The home is neat, welcoming, and ready to move straight in - or rent out immediately as a great low-maintenance investment.
This property presents a fantastic entry into the market with plenty of scope for future growth.
- Fantastic first-home buyer opportunity
- Full-size block with room to extend
- 2 bedrooms, 1 bathroom
- Split system heating & cooling
- 10-minute walk to the beach
- Move in or rent out straight away
This is your chance to secure your first home and enjoy the relaxed coastal lifestyle Cowes is famous for - with space to expand and grow in the years ahead!
Property History for 493 Settlement Rd, Cowes, VIC 3922
- 16 Jan 2026Sold for $460,000
- 29 Oct 2025Listed for Sale $480,000
- 30 Apr 2020Listed for Rent $270 / week
Recent sales nearby
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0About 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 8,445 properties. Over the last 5 years, Houses in Cowes have seen a 6.99% increase in median value, while Units have seen a 15.45% increase. As at 30 April 2026:
- The median value for Houses in Cowes is $725,842 while the median value for Units is $531,291.
- Houses have a median rent of $500 while Units have a median rent of $450.
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