562 Settlement RoadCowes VIC 3922
Property Details for 562 Settlement Rd, Cowes
Last Listing description (January 2026)
Just a short stroll from the beautiful, north-facing Red Rocks Beach, this generous 613m (approx.) block offers a rare opportunity to build your dream coastal home, family retreat, or development project (STCA).Whether you're a family looking for space to grow, a lifestyle buyer dreaming of a beachside escape, or an investor seeking a site with strong potential, this well-located parcel ticks all the boxes.Situated in a tightly held pocket of the coast, properties like this don't come along oftenand at this price, it won't last long. Secure your slice of seaside living today.Disclaimer: Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are advised to carry out their own investigations.Photo ID is required at our open home inspections for all attendees!Photographs may incorporate virtual furniture staging. All structures depicted remain unaltered.
Property History for 562 Settlement Rd, Cowes, VIC 3922
- 22 Jul 2025Listed for Sale $400,000 - $440,000
- 31 May 2010Listed for Sale Not Disclosed
- 06 Jul 2003Sold for $90,000
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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 8,449 properties. Over the last 5 years, Houses in Cowes have seen a 23.10% increase in median value, while Units have seen a 42.95% increase. As at 31 December 2025:
- The median value for Houses in Cowes is $722,608 while the median value for Units is $561,965.
- Houses have a median rent of $490 while Units have a median rent of $430.
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