Back 2/162 Settlement Road
Off Market

2/162 Settlement Road

Cowes VIC 3922

2
1
1
188 m²
Unit
Last sold for $375,000
Greg DavisGreg Davis, last sold this property on 20 August 2026 after 22 days on market.

Overview

Affordable Coastal Living with Everything at Your Doorstep

Ideally located within easy walking distance of local shops, schools and the beach, this centrally positioned property delivers the perfect blend of comfort, convenience and a relaxed coastal lifestyle. Whether you're searching for your first home, looking to downsize, expanding your investment portfolio with a great long term tenant already in place or seeking the flexibility to purchase multiple properties with all 3 units in the block for sale separately this is an opportunity not to be missed. Property Features: Two generous bedrooms Central bathroom Light-filled open plan living and dining Spacious private backyard Single carport Easy walk to shops, schools and the beach One of only three units in the complex All three units available to purchase individually.(refer to separate ads) Inspect by appointment.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
188 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 2/162 Settlement Road is $457k.

Median value
$457k
Estimated value range
$315k - $535k
Median days on market
104
Estimated value trend
-5%
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 2/162 Settlement Road

2026
Sold
$375,000
20 Aug 2026 by Greg Davis, of Barry Plant - Phillip Island

Happy sellers in Cowes

80%
80% 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, 8 two-bedroom units similar to 2/162 Settlement Road, have been sold.

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

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