61/48-80 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

61/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 266m2
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Last updated 29 Jun 2026
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Property Details for 61/48-80 Settlement Rd, Cowes

61/48-80 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 266m2 and floor size of 79m2.

Building Type
Townhouse
Floor Size
79m2
Land Size
266m2
Local Government
Bass Coast

Last Listing description (March 2017)

Are you looking to retire at Phillip Island? Are you looking to downsize? This home is perfect for you. The owners have lived in their home for at least 12 years and over that time they done some renovations. Including, a new kitchen and bathroom, added a north facing sun room at the front, a study, extended the internal garage making room for a workshop and storage and installed solar panels on the roof. This villa is very different to the villas in the complex, you will be pleasantly surprised.
Features include:
2 bedrooms with walk through bathroom with separate toilet

Open plan living and dining area
Renovated kitchen with all modern appliances including dishwasher
Roof over front deck and closed in front verandah perfect as a sun room
Closed in back verandah an ideal study nook
Tiled dining/ kitchen, sun room, study nook, bathroom, laundry & toilet
Carpet in bedrooms and living area
2 reverse cycle air conditioners and ceiling fans in main bedroom and sitting room
Paved back yard, water tank and small garden shed
Remote single garage with an extension for storage and workshop
Exterior blinds and window canopies
2.15kw solar energy 11 panels with a 3 kw inverter
This villa has everything and there are no added expenses; just walk in and enjoy the lifestyle Phillip Island offers and the benefits of an over 55 community resort living. Located in the Palm Lake Resort in Cowes, close to the local golf, bowls and croquet clubs, and ideally located in the resort only a couple of homes away from the main community hall and swimming pool.
Phillip Island is just 90 minutes south east of Melbourne, boasting breathtaking beauty and rugged coastlines, idyllic beaches and native wildlife. You can discover quiet bays and some of the best surf beaches in Australia, enjoy tranquil strolls along scenic coastal tracks and leisurely picnics on family friendly beaches.
Contact Dianne to arrange an inspection on 0408 034 080

Property History for 61/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 21 Sep 2016
    Listed for Sale $280,700
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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 8,428 properties. Over the last 5 years, Houses in Cowes have seen a 4.05% increase in median value, while Units have seen a 15.10% increase. As at 31 May 2026:

  • The median value for Houses in Cowes is $718,048 while the median value for Units is $536,242.
  • Houses have a median rent of $510 while Units have a median rent of $445.
There are currently 99 properties listed for sale, and 32 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.