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372 Settlement Road

Cowes, VIC 3922, Australia
$649,000
4 bed 1 bath 2 car807m²

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Area Price Guide
$610,060$687,940

Indicative price guide range

🏘️
74
Comparable
📊
$720,000
Area median
⚖️
-10%
vs median
📐
$804
Per m²
📏
807 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Welcome to 372 Settlement Road, Cowes, Phillip Island. Set on a huge 807m² corner allotment, this well-appointed four-bedroom plus study residence offers space, flexibility and relaxed coastal living, enhanced by the benefits of energy-efficient design. Just needs some TLC. Great potential as a rental property or renovate to suit your family needs. Perfectly positioned just a 10-minute stroll to the local beach and only a short 3-minute drive to Cowes' vibrant main shopping strip, this property delivers the ideal blend of lifestyle and convenience. You can also enjoy a walk around the Seagrove Way Wetlands Area only 300 metres away. Inside, the home features four spacious bedrooms (plus a work from home office with it's own entrance), making it perfect for family living or holiday accommodation. A generous open-plan living zone seamlessly combines the timber kitchen, dining and lounge area, creating a warm and inviting central hub of the home. Glass sliding doors open onto an outdoor deck that flows into the backyard - a private and secure space ideal for children and pets to play. A rooftop solar system helps reduce electricity costs, making everyday living more affordable and environmentally friendly. Positioned on a large corner block, the property offers exceptional accessibility with two separate driveways, allowing entry from Settlement Road or Seascape Avenue. A single-car garage provides secure parking, while the dual street frontage offers ample room for boats, caravans or additional vehicles - highly desirable feature in a coastal location. Whether you're searching for a permanent residence, holiday escape or smart investment, this property delivers on space, position, sustainability and future potential (STCA). Key Features: * Four generous bedrooms plus study * Timber floorboards * Expansive 807m² corner block * Light-filled spacious open-plan living * Timber kitchen with electrical appliances * Bathroom with spa bath * Rooftop solar system for energy-efficient living * Single-car garage * Dual driveways with access from Settlement Road & Seascape Avenue * 10-minute walk to the beach * 3-minute drive to Cowes main shopping precinct * Ideal for family living, holiday home or investment * Potential future development or sub-division (STCA) Please contact Teresa on 0429 398730 for more information or a private inspection.

Property Features

    View full listing on Domain

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    Repayment calculator

    $3,146/month
    $1,573 /fortnight
    Loan $519,200 at 6.10% over 30 years

    Upfront costs

    Deposit$129,800
    Stamp duty$34,010
    Conveyancing (est.)$2,000
    Total upfront$165,810
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    1
    Parking
    2
    Land Area
    807m²
    Listed
    2 months ago

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