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

589 Settlement Road
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 133m2
Land area: 599m2
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Property Details for 589 Settlement Rd, Cowes

Building Type
Land
Year Built
2018
Floor Size
133m2
Land Size
599m2
Local Government
Bass Coast
Lot/Plan
144/LP51970

Last Listing description (March 2017)

Positioned on the corner of Settlement Road and Maxwell Street, Cowes, this appealing vacant building allotment presents a great opportunity to build your holiday or permanent residence in an established area, handy to the popular Red Rocks beach.
Comprising some 599 sm approx (15.24 x 39.6) this fully serviced, level allotment has two frontages allowing lots of building options.
This property for sale in Cowes is proudly presented to you by Ray White Real Estate Phillip Island.

Property History for 589 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$150,000
21 Oct 2016
  • 21 Oct 2016
    Sold for $150,000
  • 16 Sep 2016
    Listed for Sale Not Disclosed
  • 05 Jun 1998
    Sold for $15,000
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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 8,452 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.
There are currently 106 properties listed for sale, and 20 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 276 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.