Back 3 Sandgate Rise
Off Market

3 Sandgate Rise

Cowes VIC 3922

420 m²
Land
Last sold for $311,500
Christie SpargoChristie Spargo, last sold this property on 24 March 2026 after 32 days on market.

Overview

Build Your Dream in the Sought-After Shearwater Estate

A fantastic opportunity for homeowners and investors alike, this vacant and near level 420m² (approx.) allotment is superbly positioned in the ever-popular Shearwater Estate in Cowes - one of the most desirable and family-friendly pockets of Cowes. Whether you're planning a permanent residence, a stylish holiday retreat, or a smart addition to your investment portfolio, this exceptional parcel of land offers the perfect blank canvas to bring your coastal vision to life. What truly sets this block apart is its enviable position directly opposite a large grassy park. Imagine morning walks with the dog, children playing safely within sight of home, or relaxed afternoons enjoying the open green space just steps from your front door. It's an idyllic setting that captures the very essence of relaxed island living. Lifestyle and convenience go hand in hand here. The beautiful shoreline at the end of Coughlin Road is just a short, flat stroll away, offering easy access to the beach for swimming, paddleboarding, fishing, or sunset walks along the sand. Golf enthusiasts will appreciate being directly opposite the renowned Phillip Island Golf Club, while everyday essentials are within comfortable walking distance, including the Silverleaves Anerie General, the local Cowes primary school, and the vibrant cafés, restaurants and shops of the Cowes Main Street precinct. Located on stunning Phillip Island, this property also places you within reach of world-class attractions, scenic coastal trails and a welcoming community atmosphere that makes the island so special. Whether it's weekend escapes or year-round living, you'll be immersed in a lifestyle defined by fresh sea air, open space and natural beauty. Opportunities to secure quality land in this tightly held estate are increasingly rare. If you've been searching for the ideal block to build your dream coastal home in a premium location, this outstanding offering is sure to impress.

Features

420 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cowes over the last 12 months, the estimated median property value of 3 Sandgate Rise is $392.5k.

Median value
$392.5k
Estimated value range
$309k - $580k
Median days on market
206
Estimated value trend
-11%
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 3 Sandgate Rise

2026
Sold
$311,500
24 Mar 2026 by Christie Spargo, of Barry Plant - 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 land plots in Cowes

In the last 12 months, 12 land plots similar to 3 Sandgate Rise, have been sold.

This represents a 14% increase in land plots sales when compared to the previous 12 months.

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