FOR SALE
$850,000-$875,000

227-229 Settlement Road
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1530m2
Land area: 1530m2
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Phillip Island - Cowes - Outstanding Site - 1530sqm In The Heart Of Cowes

Currently includes older storage sheds. Versatile Mixed Use Zoning allows for a host of commercial/residential applications. 26m x 57m.
Disclaimer - We have obtained all information in this document from sources we believe to be reliable. However, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. www.1stre.com.au
Property Code: 2636

Property Details for 227-229 Settlement Rd, Cowes

Building Type
Commercial
Floor Size
1530m2
Land Size
1530m2

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About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. It has 20 parks covering nearly 6.7% of total area. The population of Cowes in 2011 was 4,053 people. By 2016 the population was 4,832 showing a population growth of 19.2% 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 2011, 63.7% of the homes in Cowes were owner-occupied compared with 65.4% in 2016.

Cowes has 7,905 properties. Over the last 5 years, Houses in Cowes have seen a 37.23% increase in median value, while Units have seen a 51.42% increase. As at 31 October 2024:

  • The median value for Houses in Cowes is $725,515 while the median value for Units is $553,448.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 119 properties listed for sale, and 12 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Cowes.

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