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Back 5 Outlook Drive
Off Market

5 Outlook Drive

Cowes VIC 3922

3
1
2
0 m²
582 m²
House
Last sold for $590,000
Josh DunstanJosh Dunstan, last sold this property on 15 January 2026 after 335 days on market.

Overview

Classic Island Beach Home close to Red Rocks Beach

This fully renovated, classic Phillip Island beach home is located only a 900 metre stroll to the stunning Red Rocks Beach and its safe, North facing bay beach. Comprising of three carpeted bedrooms, two with built in robes and ceiling fans. An open plan living/dining area that opens onto an East facing deck and features vinyl timber flooring and a combustible wood heater, ideal for the chilly Island nights. The modern kitchen includes electric oven, cooktop, range hood, dishwasher, overhead cupboards, timber bench tops and subway tile splashbacks. Heating and cooling for the upstairs area is provided by a large split system air conditioner. The bathroom includes a spacious shower, vanity and separate toilet as well as a laundry. The outdoor areas have entertaining and relaxation in mind with an undercover patio area complete with patio heater, ceiling fan and outdoor speakers as well as a separate firepit area with woodshed and garden shed, there is also two undercover car spaces and a concrete driveway, great for the kids riding bikes and scooters. The elevated home also provides plenty of potential to build in downstairs to further increase the size of the home (STCA). The fully fenced 582 sqm yard ( approx..) is ideal for family games of cricket and footy and plenty of room for kids and pets to enjoy. Currently operating as a very successful holiday rental on airBnB as a superhost, the property is located only minutes from the beach and the main street of Cowes and within easy access to all of Phillip Islands attractions. This is the perfect Island getaway for the family to enjoy or for holiday rental investment potential. Enquire today to arrange your inspection! If you're an investor, our specialised rental department are here to assist in the management of your future investment. If you would like a current rental appraisal on this property, please get in contact today!

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
0 m² floor area
582 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 5 Outlook Drive 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 5 Outlook Drive

2026
Sold
$590,000
15 Jan 2026 by Josh Dunstan, of Stockdale & Leggo - Phillip Island | San Remo
2023
Rented
Undisclosed
Leased on 15 Mar 2023 by Ray White Phillip Island
2016
Sold
07 Feb 2016 by Sue Rockliff, of Ray White Phillip Island

Happy sellers in Cowes

70%
70% 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 26 reviews in Cowes over the last 12 months.

Local market activity for 3 bedroom houses in Cowes

In the last 12 months, 92 three-bedroom houses similar to 5 Outlook Drive, 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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