SOLD
Sold on 24 Mar 2024 for $598,000

202 Thompson Avenue
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 596m2
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Property Details for 202 Thompson Ave, Cowes

202 Thompson Ave, Cowes is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 596m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Cowes in the last 12 months.

Building Type
House
Floor Size
131m2
Land Size
596m2
Local Government
Bass Coast
Lot/Plan
17/LP72266

Last Listing description (July 2024)

Welcome to a distinctive and adaptable property nestled in the heart of Cowes, providing an enticing opportunity for astute buyers. Boasting a tenancy agreement, this property stands as an investment prospect.

Positioned on a spacious 596 sqm allotment, the uniqueness of this property lies in its dual residences on one title, under one roof. Unit one, a roomy two-bedroom home with a well-appointed bathroom, caters to family living or potential holiday rental. Simultaneously, unit two offers a one-bedroom haven with its own bathroom, already generating additional income through a tenancy agreement.

The prime location in central Cowes is a key highlight, offering convenient access to the town's amenities, lively restaurants, shops, and the scenic beachfront. Whether maintaining the existing tenancy arrangement or merging the two residences into a larger family home, the potential of this property is vast.

As the future owner, you have the flexibility to infuse your personal style or undertake renovations to heighten its allure. With its versatile layout and ample allotment, this property opens doors to numerous possibilities

This property for sale in Cowes is proudly presented to you by Ray White Real Estate Phillip Island.

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Property History for 202 Thompson Ave, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$598,000
24 Mar 2024
Listed for Rent
$250/w
22 Aug 2015
  • 24 Mar 2024
    Sold for $598,000
  • 26 Jan 2024
    Listed for Sale $635,000
  • 21 Mar 2011
    Sold for $357,500
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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 7,864 properties. Over the last 5 years, Houses in Cowes have seen a 46.11% increase in median value, while Units have seen a 52.95% increase. As at 31 July 2024:

  • The median value for Houses in Cowes is $744,633 while the median value for Units is $546,508.
  • Houses have a median rent of $480 while Units have a median rent of $425.
There are currently 113 properties listed for sale, and 22 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Cowes.

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