566 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

566 Settlement Road
Cowes VIC 3922

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 150m2
Land area: 604m2
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Property Details for 566 Settlement Rd, Cowes

566 Settlement Rd, Cowes is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 604m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
1975
Floor Size
150m2
Land Size
604m2
Local Government
Bass Coast
Lot/Plan
1/PS516696

Last Listing description (October 2024)

Situated just moments from the superb Red Rocks beach and only a short drive to Cowes' vibrant main street, this beautifully maintained double story residence offers an ideal coastal lifestyle. Nestled on an approximate 582 square metre allotment, the home is set back from the road providing plenty of parking at the front for cars, a boat or caravan.

The lower level of the home features an open plan kitchen, living, and dining area with tiled flooring throughout, a wood fire and split system heating and cooling. From here, a glass sliding door leads directly to a fabulous outdoor entertaining deck, perfect for relaxing. The kitchen is a chef's delight, boasting stainless steel appliances, a 900mm gas cooktop, integrated dishwasher, and timber veneer bench tops. Completing this level is the laundry and a convenient separate bathroom.

The upper level comprises four generously sized bedrooms, including the master bedroom with an ensuite. A smaller sitting area is at the top of the stairs and leads to a larger cozy living area with carpet throughout providing the perfect retreat, while a second bathroom ensures comfort for family and guests.

The property continues to impress with a double carport featuring a rear storage room and a large well maintained north facing backyard.

With so many fabulous amenities to explore on the Island, such as the nightly Penguin Parade, Moto GP Circuit, Churchill Island and much more, the home would suit as a great weekender or permanent family home with room for everyone!

This property for sale in Cowes, is proudly presented to you by Ray White Real Estate Phillip Island.
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Property History for 566 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Sep 2024
  • 24 Sep 2024
    Sold for $650,000
  • 19 Jul 2024
    Listed for Sale $695,000
  • 10 Mar 2017
    Sold for $332,500
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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 8,445 properties. Over the last 5 years, Houses in Cowes have seen a 25.96% increase in median value, while Units have seen a 43.23% increase. As at 30 November 2025:

  • The median value for Houses in Cowes is $720,387 while the median value for Units is $532,034.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 106 properties listed for sale, and 15 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 274 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.