89/48-80 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

89/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 246m2
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Property Details for 89/48-80 Settlement Rd, Cowes

89/48-80 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 246m2.

Building Type
Townhouse
Land Size
246m2
Local Government
Bass Coast

Last Listing description (April 2026)

Here's your opportunity to secure a low-maintenance home within the highly sought-after Palm Lake Resort Phillip Island, exclusively for over-50s living. This thoughtfully designed residence offers two generous bedrooms, a main bathroom and an additional separate toilet, plus a versatile sun-room at the rear of the garage- perfect for a hobby space, craft room or additional sitting area.

Enjoy the benefits of a north-facing living aspect that fills the home with natural light - ideal for morning coffee or relaxing afternoons. The renovated open-plan kitchen and dining area is perfect for entertaining, while the spacious living room provides plenty of room to unwind. Ample storage throughout ensures everything has its place, and the low-maintenance design means more time to enjoy resort living.

Step outside to your private rear yard, perfect for year-round outdoor enjoyment, while the oversized single garage provides secure parking plus access to the versatile sun room -great for storage or pursuing your hobbies.

Palm Lake Resort Phillip Island is more than just a place to liveit's a lifestyle. Residents enjoy access to exceptional facilities including:

Wellness & Recreation:
Indoor heated pool (kept at 32C year-round)
Onsite gym with personal trainer options
Indoor bowls area
Barbecue area for social evenings

The Grand Hall featuring:
Movie theatre
Grand piano and dance floor
Huge games room (table tennis, pool and billiards)

Activities & Amenities:
Yoga, line dancing, chair-based exercise and mild aerobics
Library and computer room with broadband internet
Elegant dining room with one complimentary meal per week for every resident

Need to entertain? The dining room is also available for private functions with family and friends. Plus, the resort is pet-friendly, so your furry companion is welcome too.

This is more than a home - it's a vibrant community where every day offers something new.
Don't miss this rare opportunity. Contact Camille Morris today to organize an inspection.

Property History for 89/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 04 Nov 2025
    Listed for Sale $430,000
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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 8,428 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 104 properties listed for sale, and 35 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.