202 Thompson AvenueCowes VIC 3922
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.
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.
Property History for 202 Thompson Ave, Cowes, VIC 3922
- 24 Mar 2024Sold for $598,000
- 26 Jan 2024Listed for Sale $635,000
- 21 Mar 2011Sold for $357,500
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0About 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.
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