54 Redwood Drive, Cowes, VIC 3922 | Property Value & History | OnTheHouse
FOR SALE

54 Redwood Drive
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
Land area: 331m2
This property is currently on the market
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Property Details for 54 Redwood Dr, Cowes

54 Redwood Dr, Cowes is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 331m2 and floor size of 128m2.This Property is currently listed for sale with Ray White Phillip Island

Building Type
House
Year Built
2014
Floor Size
128m2
Land Size
331m2
Local Government
Bass Coast
Lot/Plan
1/PS531036

Last Listing description (July 2026)

Located in the popular coastal town of Cowes, this well presented three bedroom, two bathroom home offers comfortable, low maintenance living, making it an ideal opportunity for investors, first home buyers planning ahead, or downsizers seeking a relaxed lifestyle close to everything Phillip Island has to offer. With a tenant already in place, the property provides immediate rental income and a ready made investment opportunity.

Welcoming you from the street is a neat and easy care front garden, complemented by a single carport for added convenience. Step inside to discover a light filled open plan living, dining, and kitchen area designed for effortless everyday living and entertaining. The spacious kitchen is thoughtfully laid out with plenty of room to move, offering a practical and functional space suited to both everyday living and hosting guests. Split system heating and cooling ensures year round comfort throughout the home.

The spacious master bedroom is privately positioned at the front of the home and features a walk in robe and ensuite, creating the perfect parents' retreat. At the opposite end of the home, the additional two bedrooms, both complete with built in robes, are thoughtfully separated, providing a practical family friendly layout with an excellent sense of space and privacy.

Flowing seamlessly from the living area is the covered rear decking, an ideal outdoor entertaining space enjoying a desirable north facing aspect that captures an abundance of natural sunlight throughout the day.

Beautifully maintained and offering an outstanding investment opportunity in a highly sought after coastal location, this inviting home presents an excellent chance to secure your place in the ever popular Cowes market.

Photo ID required at all Open For Inspections.

This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.

Property History for 54 Redwood Dr, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$550,500
21 Apr 2021
Listed for Rent
19 May 2025
  • 28 May 2026
    Listed for Sale $650,000
  • 02 Apr 2025
    Listed for Rent - Price not available
  • 21 May 2024
    Listed for Rent $500 / week
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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 8,449 properties. Over the last 5 years, Houses in Cowes have seen a -0.54% decrease in median value, while Units have seen a 5.68% increase. As at 31 July 2026:

  • The median value for Houses in Cowes is $729,301 while the median value for Units is $528,310.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 102 properties listed for sale, and 28 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.