Back 5/87 Chapel St
Off Market

5/87 Chapel St

Cowes VIC 3922

2
1
1
222 m²
Unit
Last sold for $459,000
Greg DavisGreg Davis, last sold this property on 19 January 2026 after 726 days on market.

Overview

Coastal Charm Meets Central Convenience in the Heart of Cowes

Perfectly positioned just moments from the sparkling shoreline and vibrant main street, this cosy 2-bedroom unit offers the ultimate in relaxed coastal living with all the conveniences of town right at your doorstep. Step inside to a sun filled, open plan living and dining area,that create an inviting and airy space. The well-appointed kitchen features ample bench and storage areas with sliding door opening onto a covered deck, overlooking a low-maintenance garden.(land approx.222sqm) The home includes two comfortable bedrooms, a central bathroom, a separate toilet, and a full laundry, offering practicality for everyday living. A single lock-up garage adds further value, providing secure parking and additional storage space. Whether you're seeking a permanent residence, investment, or the perfect weekend escape, this well maintained unit ticks all the boxes - central, and just a short stroll to everything Cowes has to offer. Don't miss your chance to enjoy the best of coastal living in a location that's second to none.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
222 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 5/87 Chapel St is $460k.

Median value
$460k
Estimated value range
$315k - $550k
Median days on market
123
Estimated value trend
-6%
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 5/87 Chapel St

2026
Sold
$459,000
Private Sale/Treaty on 19 Jan 2026 by Greg Davis, of Barry Plant - Phillip Island
2018
Sold
Undisclosed
15 Nov 2018 by Bec Anderson, 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 2 bedroom units in Cowes

In the last 12 months, 9 two-bedroom units similar to 5/87 Chapel St, have been sold.

This represents a 42% decrease in two-bedroom units sales when compared to the previous 12 months.

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