603 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
 
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603 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 604m2
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Property Details for 603 Settlement Rd, Cowes

603 Settlement Rd, Cowes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 604m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
1980
Floor Size
131m2
Land Size
604m2
Local Government
Bass Coast
Lot/Plan
151/LP51970

Last Listing description (March 2024)

Introducing a contemporary beach house, situated within 750m (short walking distance) to the tranquil Red Rocks Beach.

This property is ideal for those seeking a serene coastal lifestyle or a lucrative investment opportunity. Boasting a 596sqm approximate allotment, this beach house offers a spacious open plan living area, a modern kitchen equipped with a gas cook top, electric oven, laminate bench tops, and glass splash back and 3 bedrooms including a large master bedroom with a huge walk-in robe, en-suite and sliding door access to the rear yard.

The remaining two bedrooms offer built in robes and are serviced by a family bathroom featuring a freestanding bath. Enjoy the convenience a European laundry, and easy living with a functional floor plan. Stay comfortable all year round with two split system heating and cooling units, and electric hot water service.

The single garage and carport provide ample space for vehicles, and the fully fenced front and rear yards ensure privacy and security. The outside fire pit and outdoor undercover entertaining area are perfect for hosting gatherings with family and friends. The north-facing alfresco breakfast bar at the front of the home is a lovely spot to enjoy your morning coffee.

Additionally, the outdoor hot and cold shower allows for quick rinses after a day at the beach. Don't miss out on the fabulous potential of this property, suitable for holiday, permanent, or investment buyers. Escape the hustle with this beach side living or take advantage of the high rental yield. Book an inspection today and discover the coastal lifestyle that awaits you!

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

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Property History for 603 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$690,000
03 Feb 2024
Listed for Rent
$320/w
10 Sep 2015
  • 03 Feb 2024
    Sold for $690,000
  • 18 Jan 2024
    Listed for Sale $699,000
  • 04 May 2023
    Listed for Sale $739,000
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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 8,444 properties. Over the last 5 years, Houses in Cowes have seen a 30.96% increase in median value, while Units have seen a 43.08% increase. As at 31 October 2025:

  • The median value for Houses in Cowes is $724,100 while the median value for Units is $533,369.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 109 properties listed for sale, and 19 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 259 properties were sold in the past 12 months in Cowes.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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