5 Lawrence AvenueCowes VIC 3922
Property Details for 5 Lawrence Ave, Cowes
Last Listing description (March 2026)
Positioned in a quiet and highly desirable pocket of Cowes on beautiful Phillip Island, this exceptional vacant allotment at 5 Lawrence Avenue offers the perfect opportunity to build your dream coastal home.
Set on a generous approx. 815m parcel with an impressive 19.8m frontage and 41m depth, the block provides ample space and flexibility for designing a substantial family residence, holiday retreat, or investment property (STCA).
The fully fenced and cleared allotment is ready for you to start planning your build immediately. With its desirable north-facing orientation, the site enjoys abundant natural light and warmth throughout the day-ideal for creating light-filled living spaces and outdoor entertaining areas.
A potential second-storey design may capture water views, adding further appeal to this already outstanding offering.
Located just moments from the heart of town, you'll enjoy an easy walk to the stunning north-facing Cowes front beach, along with convenient access to the vibrant local lifestyle including boutique shops, cafs, restaurants, and scenic coastal walking tracks.
Key Features:
Approx. 815m vacant block
Generous 19.8m frontage x 41m depth
Fully fenced and cleared
North-facing orientation
Potential water views from a second storey (STCA)
Easy walk to Cowes northly family friendly beach
Close to shops, cafs, restaurants and coastal walking trails
Located in a highly sought-after area of Cowes
Whether you're looking to build your forever home or the ultimate island getaway, this magnificent parcel of land presents endless possibilities in a premium location.
Property History for 5 Lawrence Ave, Cowes, VIC 3922
- 12 Mar 2026Listed for Sale $499,000
- 14 Jan 2014Sold for $165,000
- 07 Jan 2014Listed for Sale $165,000
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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 8,447 properties. Over the last 5 years, Houses in Cowes have seen a 9.71% increase in median value, while Units have seen a 24.51% increase. As at 31 March 2026:
- The median value for Houses in Cowes is $727,696 while the median value for Units is $539,531.
- Houses have a median rent of $500 while Units have a median rent of $450.
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