SOLD
RECENT ADVICE
Sold on 28 Jun 2024 for $365,000

20/48-80 Settlement Road
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 225m2
Sold By
Alex Scott & Staff Cowes
Save

Property Details for 20/48-80 Settlement Rd, Cowes

20/48-80 Settlement Rd, Cowes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 225m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Townhouse sold in Cowes in the last 12 months.

Building Type
Townhouse
Land Size
225m2
Local Government
Bass Coast

Last Listing description (July 2024)

Palm Lake Resort is a secure, gated, Over-55's community, nestled between the Cowes Golf Course, the Phillip Island Lawn Bowls Club and a beautiful north-facing bay beach.
A low maintenance lifestyle is perfectly balanced with independent living in this light-filled villa and is ideal for those looking to downsize.
As you enter the front door from the covered porch area, you are greeted by the living area with high, raked ceiling, generously sized and complimented by a spacious kitchen and dining space. The functional kitchen provides plenty of storage & offers gas cooktop & electric oven.

Two bedrooms, both with built in robes, are serviced by a central bathroom with separate toilet off the laundry. From the laundry there is an enclosed sunroom and additional covered outdoor area that leads out to the enclosed rear courtyard. The single car garage has internal access to the sunroom.
Other features include split system heating and cooling, ceiling fan in the living area, and separate side access to the rear yard.
Your relaxed retirement lifestyle is waiting for you!
Please note:
This property is within the Palm Lake Resort, retirement living complex. All units are sold on a Leasehold basis and are subject to the rules of the park.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 20/48-80 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$365,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $365,000
  • 08 May 2024
    Listed for Sale $365,000
  • 29 May 2023
    Listed for Sale $380,000

Commute Calculator

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 7,906 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 14 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

Market Insights
Cowes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cowes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.