74/48-80 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

74/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 219m2
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Last updated 13 Jul 2026
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Property Details for 74/48-80 Settlement Rd, Cowes

74/48-80 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 219m2.

Building Type
House
Land Size
219m2
Local Government
Bass Coast

Last Listing description (June 2019)

Immaculately presented is this single level home situated on Second Avenue in the Palm Lakes Resort. Comprising an open plan living, kitchen and dining area, two robed bedrooms and one dual access bathroom. With a footpath along the left hand side of the residence this allows for easy access to the resorts facilities.
Other great features include split system heating and cooling, raked ceilings, established garden with a rear private brick paved courtyard, single garage and separate toilet to the bathroom.
Palm Lake Resort Phillip Island is nestled between the Cowes 18 Hole Golf Course, the Phillip Island Lawn Bowls Club, and a magnificent north facing bay beach. There are no entry fees, no stamp duty, no council rates, no corporate fees. All capital gains go to the resident. The Palm Lakes Resort is a secure gated community with many great facilities that includes: indoor bowls area, an indoor heated pool (heated to 32 degrees), barbecue area, grand hall with a movie theatre/grand piano/dance floor/games room to play table tennis, pool or billiards. There are plenty of other activities to do such as dancing, yoga, aerobics or workout in the gym with a trainer. There is also a library and a computer room with broadband internet. There is also a free weekly meal for every home owner in the resort.

Inspection won't disappoint.
This property for sale in Cowes, is proudly presented to you by Ray White Real Estate Phillip Island.

Property History for 74/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 14 Jun 2019
    Listed for Sale $269,000
  • 05 Apr 2019
    Listed for Sale $269,000
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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 8,452 properties. Over the last 5 years, Houses in Cowes have seen a 3.48% increase in median value, while Units have seen a 9.60% increase. As at 30 June 2026:

  • The median value for Houses in Cowes is $734,764 while the median value for Units is $528,338.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 105 properties listed for sale, and 35 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 270 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.