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.
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.
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:
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