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Back 38 Koala Street
Off Market

38 Koala Street

Cowes VIC 3922

4
2
2
656 m²
House
Last sold for $812,000
Leo ZeneliLeo Zeneli, last sold this property on 02 August 2026 after 157 days on market.

Overview

SOLD BY TEAM LEO & SIENNA ZENELI 0434 929 184 Coastal Elegance in the Heart of Cowes

Coastal Elegance in the Heart of Cowes SELLING FULLY FURNISHED! 38 Koala Street, Cowes – Phillip Island Welcome to a home that perfectly captures the relaxed charm and lifestyle appeal of Phillip Island. Positioned in a sought-after pocket of Cowes, this beautifully presented four-bedroom, two-bathroom residence with double garage offers the ideal balance of comfort, space, and coastal sophistication. Whether you are searching for a luxurious holiday retreat, a high-performing investment property, or the perfect place to retire and embrace the seaside lifestyle, this home delivers exceptional flexibility and long-term appeal. Thoughtfully Designed for Modern Living From the moment you step inside, you are welcomed by light-filled interiors and a spacious open-plan layout designed for effortless living and entertaining. The Heart of the Home The contemporary kitchen is both stylish and functional, featuring: Sleek stone benchtops Quality appliances including oven and cooktop Ample cabinetry and storage Generous preparation space Seamless connection to the living and dining areas Perfect for hosting family gatherings, summer dinners, or relaxed evenings after a day at the beach. Comfort & Accommodation The master suite is privately positioned and offers: Spacious bedroom retreat Modern ensuite with shower Generous walk-in robe The additional three bedrooms are well-proportioned and ideal for children, guests, or extended family. These rooms are serviced by a central bathroom complete with: Full-size bathtub Separate shower Quality fittings and finishes The practical floorplan ensures privacy while maintaining open, connected living spaces. Outdoor & Lifestyle Appeal Step outside and enjoy the coastal atmosphere that Cowes is renowned for. The home is positioned within walking distance to: Cowes Beach Local cafés and restaurants Supermarkets and specialty shops Public transport Schools and essential amenities Just a short drive away you’ll find: Phillip Island Golf Course The iconic Penguin Parade Marina precinct Scenic coastal walking tracks Imagine evenings spent watching the sunset over the water, weekend brunches at local cafés, or hosting friends after a day exploring the island. The Perfect Opportunity This property offers outstanding versatility: ✔ A relaxing holiday home to enjoy year-round ✔ A strong short-term rental investment opportunity ✔ A long-term family residence near the beach ✔ An ideal downsizing option for retirees seeking lifestyle and convenience Cowes continues to be one of Victoria’s most desirable coastal destinations, combining natural beauty with vibrant local amenities — making this home both a lifestyle purchase and a smart investment. Coastal Living Starts Here 38 Koala Street presents an opportunity to secure a spacious, modern home in a premium Phillip Island location where everything is at your doorstep. Homes of this quality and position rarely last long. All the hard work has been done so make sure you add this to your list as it wont last!!! Call Team Leo 0434 929 184 PHOTO ID IS REQUIRED ON ALL INSPECTIONS “Selling? Get Gr8. Get SOLD! Trustworthy – Transparent – Proven Results *All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
656 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cowes over the last 12 months, the estimated median property value of 38 Koala Street is $795k.

Median value
$795k
Estimated value range
$485k - $2.3m
Median days on market
79
Estimated value trend
0%
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 38 Koala Street

2026
Sold
$812,000
02 Aug 2026 by Leo Zeneli, of Gr8 Est8 Agents
2025
Sold
$845,000
09 Apr 2025 by Camille Morris, of Stockdale & Leggo - Phillip Island | San Remo

Happy sellers in Cowes

86%
86% 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 31 reviews in Cowes over the last 12 months.

Local market activity for 4 bedroom houses in Cowes

In the last 12 months, 62 four-bedroom houses similar to 38 Koala Street, have been sold.

This represents a 23% increase in four-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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Christie Spargo

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

  •   4.9   (39 reviews)
  •  20 Reviews in Cowes
  •  15 Sales in Cowes
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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   (66 reviews)
  •  12 Reviews in Cowes
  •  16 Sales in Cowes
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Teresa Young

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

  •   4.8   (118 reviews)
  •  4 Reviews in Cowes
  •  7 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   (9 reviews)
  •  2 Reviews in Cowes
  •  5 Sales in Cowes
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