1/162 Settlement Road

Off Market

1/162 Settlement Road

Cowes VIC 3922

248 m²

Unit

Last sold for $370,000

Greg Davis, last sold this property on 01 October 2026 after 83 days on market.

Overview

Central, Low-Maintenance Living with a Generous Yard

Perfectly positioned in a quiet block of just three,all available separately for sale or as one giving you the choice to purchase one, two or secure all three ,this neat and well-maintained two-bedroom unit presents an outstanding opportunity for first home buyers, downsizers or savvy investors seeking a low-maintenance property in a highly convenient location. Ready to move into now its designed for easy living, the unit features a light-filled open plan living and dining area, complemented by a functional kitchen and a centrally located bathroom. A welcoming front verandah provides the perfect place to relax with your morning coffee, while the generous private yard ,the biggest of the 3 ,offers plenty of space for gardening, entertaining or simply enjoying the outdoors. A single carport adds further convenience. Ideally located within an easy stroll of local shops, schools and the beach, this centrally positioned unit combines lifestyle, comfort and convenience in one appealing package. Whether you're looking to move straight in, invest or secure an affordable coastal property, this is an opportunity not to be missed.

Features

2 bedrooms

1 bathroom

1 carspace

1 carport space

248 m² lot size

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cowes over the last 12 months, the estimated median property value of 1/162 Settlement Road is $456k.

Median value

$456k

Estimated value range

$315k - $535k

Median days on market

100

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cowes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/162 Settlement Road

2026

Sold

$370,000

Private Sale/Treaty on 01 Oct 2026 by Greg Davis, of Barry Plant - Phillip Island

2023

Rented

Undisclosed

Leased on 26 Oct 2023 by Barry Plant - Phillip Island

Happy sellers in Cowes

74%

74% of sellers in Cowes reported that their sale price either exceeded or met their price expectations.

Cowes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Cowes over the last 12 months.

Local market activity for 2 bedroom units in Cowes

In the last 12 months, 9 two-bedroom units similar to 1/162 Settlement Road, have been sold.

This represents a 12% decrease in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Cowes for a free market appraisal.

Greg Davis

at Barry Plant - Phillip Island

4.9

(67 reviews)

Get a free market appraisal

Christie Spargo

at Barry Plant - Phillip Island

4.9

(40 reviews)

Get a free market appraisal

Teresa Young

at Eview Group - Australia

4.8

(122 reviews)

Get a free market appraisal

Leanne Poulton

at Eview Group - Australia

4.9

(65 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cowes

Greg Davis

Sellers who recommend Greg Davis have praised them for being local expert, clear communication, friendly, stress-free process, honest and patient

4.9 (67 reviews)
13 Reviews in Cowes
17 Sales in Cowes

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Christie Spargo

Sellers who recommend Christie Spargo have praised them for being local expert and clear communication

4.9 (40 reviews)
17 Reviews in Cowes
14 Sales in Cowes

View profile

Teresa Young

Sellers who recommend Teresa Young have praised them for being clear communication, local expert, friendly, responsive, easy to work with, honest and pleasant