Situated in the highly regarded Shearwater Estate, this titled block of approximately 736sqm presents a rare opportunity to create your ideal permanent residence, holiday home, or smart investment in the heart of Cowes.
Set within one of Phillip Island's most desirable neighbourhoods, this flat and spacious block is surrounded by quality homes and already benefits from fencing on both sides-offering privacy and a sense of security from the outset.
The location is second to none-just a short walk or drive to the Phillip Island Golf Club, the serene Silverleaves Beach, and the vibrant Cowes town centre. Local schools, cafes, and everyday essentials are all within easy reach, providing the perfect balance of coastal tranquility and convenience.
With the perfect balance of tranquility and convenience, this is your opportunity to secure a slice of Phillip Island paradise. With ample space to design a home that suits your lifestyle-and no immediate building timeframe-this is a fantastic opportunity to secure your own slice of Phillip Island in a tightly held estate.
Don't miss your chance to make it yours-enquire today.
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 8,446 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:
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