98/48-80 Settlement Road, Cowes, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

98/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 278m2
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Last updated 13 Jul 2026
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Property Details for 98/48-80 Settlement Rd, Cowes

98/48-80 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 278m2.

Building Type
House
Land Size
278m2
Local Government
Bass Coast

Last Listing description (January 2022)

This beautifully presented three bedroom villa home is situated within the popular Palm Lakes Resort Over 55's lifestyle community and is ready to move straight into.

Close to shops, beach, transport, and the Phillip Island Health Hub, Phillip Island Golf Club, and the Bowls Club. The property has been completely upgraded, freshly painted throughout, new carpets and floor coverings, new window furnishings, stainless steel appliances in the kitchen, new split system and ceiling fan. New toilets and vanity. This home presents as new!

The home boasts a lovely master bedroom to the front of the property, with double built-in robes with mirrored sliding doors. It has access to the bathroom with large vanity and oversized walk-in shower and a separate toilet.

Two further bedrooms are of great size, one is also equipped with storage and has the potential to be a hobby room or study or even a second sitting area as it overlooks the rear garden and has access via sliding doors.

The main living area is light, bright, and spacious with high vaulted ceilings, there is a newly installed split system and ceiling fan for year-round comfort. The lovely kitchen is a great size and overlooks the living and dining area, has a brand new oven, gas cooktop, and extractor fan, it is beautifully finished with stone benchtops and plenty of storage.

There is a separate laundry with storage and a second toilet. The property has a large extended garage that has been enclosed to the rear with sliding doors to the rear garden and could be utilised as a sunroom or space for the Golf Buggy.

Features include:
- Sunblinds
- Extended garage
- New floor coverings and window furnishings
- Brand new appliances
- Garden shed
- Veggie boxes

Resort Facilities:
- Indoor heated pool
- Cinema
- Library with internet access
- Grand hall

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Property History for 98/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
  • 25 Nov 2021
    Listed for Sale $400,000 - $420,000
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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 8,455 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 109 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.