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Back 272 Settlement Road
Off Market

272 Settlement Road

Cowes VIC 3922

3
1
1
660 m²
House
Last sold for $683,500

Overview

Lifestyle Living With All The Perks!

Positioned on a generous 660sqm* allotment with a prized north-facing rear yard, this beautifully elevated 3-bedroom beach house delivers the ultimate in low-maintenance coastal living. Whether you're searching for a permanent residence, investment property, beachside escape or future development opportunity (STCA), this home offers undeniable lifestyle appeal. Upon entering, you'll be greeted by a full-width wrap-around veranda that leads into the heart of the home a spacious open-plan living and dining area filled with natural light. The modern classic kitchen features electric cooking and ample storage. Three generously sized bedrooms, including the master with a walk-in robe, offer comfortable living. The other two bedrooms come with built-in robes. The home also includes an immaculate bathroom, separate toilet, and a neat laundry. Step outside to the raised and covered deck that overlooks the lush, expansive north-facing rear gardenperfect for outdoor entertaining or simply relaxing in privacy. With room for renovation or the potential to rebuild (STCA), this property presents numerous opportunities, whether as an investment, permanent residence, beachside getaway, or development project. Additional features include reverse cycle air conditioning, roller blinds, a carport, and a lock-up garage for added convenience. The location is second to nonejust a short walk to Thompson Avenue's charming strip of shops, cafes, and eateries, major supermarkets, beautiful beaches, picnic spots by the foreshore, the yacht club, and the primary school. Sports enthusiasts will appreciate being moments away from the recreation reserve, tennis club, bowls club, and two golf clubsPhillip Island Golf Club and Cowes Golf Club. With easy access to the Mornington Peninsula via the Westernport Ferry and only minutes from iconic tourist hotspots, and zoned within Bass Coast Secondary College, this home is an ideal lifestyle choice. Currently leased and returning a generous annual income of $27,635.64, this is not only a fantastic lifestyle choice but also a smart investment opportunity. SOLD!! Approx.* For further information regarding this property, please contact Colin Rounds - 0419 015 879

Features

3 bedrooms
1 bathroom
1 carspace
660 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cowes over the last 12 months, the estimated median property value of 272 Settlement Road is $657.5k.

Median value
$657.5k
Estimated value range
$470k - $1.3m
Median days on market
83
Estimated value trend
1%
increase 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 272 Settlement Road

2025
Sold
$683,500
Private Sale/Treaty on 27 Aug 2025
2021
Sold
$599,000
Private Sale/Treaty on 06 Apr 2021 by Kristien Formosa, of Ray White Phillip Island

Happy sellers in Cowes

71%
71% 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 27 reviews in Cowes over the last 12 months.

Local market activity for 3 bedroom houses in Cowes

In the last 12 months, 94 three-bedroom houses similar to 272 Settlement Road, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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

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Greg Davis

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

  •   4.9   (61 reviews)
  •  10 Reviews in Cowes
  •  16 Sales in Cowes
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Christie Spargo

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

  •   4.9   (33 reviews)
  •  16 Reviews in Cowes
  •  10 Sales in Cowes
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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

  •   4.8   (116 reviews)
  •  5 Reviews in Cowes
  •  6 Sales in Cowes
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Taylah Hayes

Taylah Hayes is a recommended agent for Cowes.  They have 5 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (7 reviews)
  •  2 Reviews in Cowes
  •  5 Sales in Cowes
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