OFF MARKET

5 Outlook Drive
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 572m2
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Last updated 14 Oct 2024
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Property Details for 5 Outlook Dr, Cowes

5 Outlook Dr, Cowes is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 572m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1970
Land Size
572m2
Local Government
Bass Coast
Lot/Plan
407/LP51970

Last Listing description (September 2024)

Peacefully located in Cowes, only 900m (approximately) to the popular Red Rocks Road beach is this elevated, neat and tidy residence.

Tastefully designed and beautifully presented, the home comprises an open plan living, kitchen and dining area, three bedrooms and central bathroom. There is also potential to build in underneath and provide further living (subject to council approval) or continue to use as a double carport/undercover entertainment area.

Offering a host of additional features including combustion heating, split system heating/cooling unit, ceiling fans, electric cooking, dishwasher, carpet, tiles and vinyl plank flooring throughout, balcony upstairs, fire pit area, garden shed and wood shed.

All of this is set within a 572sqm (approximately)fully fenced allotment with a concrete driveway and low maintenance landscaped surrounds for the whole family to enjoy.

The residence is only a short drive to the Cowes town centre, Schools, Doctors, Phillip Island Grand Prix track, Penguin Parade and local wineries.

This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island
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Property History for 5 Outlook Dr, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$230,000
21 Jan 2016
Listed for Rent
16 Mar 2023
  • 04 Jun 2024
    Listed for Sale $629,000
  • 13 Feb 2023
    Listed for Rent $420 / week
  • 29 Nov 2021
    Listed for Sale $679,000 - $729,000
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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 7,850 properties. Over the last 5 years, Houses in Cowes have seen a 40.14% increase in median value, while Units have seen a 61.84% increase. As at 30 September 2024:

  • The median value for Houses in Cowes is $736,221 while the median value for Units is $570,668.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 107 properties listed for sale, and 18 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Cowes.

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