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49 Teddy Bear Lane, Cowes$799,000
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49 Teddy Bear Lane

Cowes, VIC 3922, Australia
$799,000
5 bed 3 bath 4 car

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About this property

Finding the perfect family home that fits the kids, the pets, and all the outdoor gear can be a challenge, but this expansive two-storey residence makes it look easy. Adjoining and overlooking the peaceful Teddy Bear Reserve, the home feels incredibly private and open. The ground floor is a dedicated zone for the kids or visiting guests, featuring three comfortable bedroomstwo with built-in robesand a central bathroom with a bathtub for the little ones. A sun-filled family room on this level offers a great secondary space for movie nights or a dedicated playroom, keeping the upstairs living area peaceful. Heading upstairs, the home really opens up with a spacious, light-filled living and dining area designed for big family gatherings. The modern kitchen is the heart of the home, allowing you to prep meals while staying part of the conversation. The master bedroom is also located on this level, offering a quiet parents' retreat with beautiful views across the reserve and out toward the Peninsula. With an additional fifth bedroom that works perfectly as a nursery or a home office, and a second bathroom for convenience, the layout provides plenty of flexibility as your family grows. Outside, the property is a dream for anyone who loves the coastal lifestyle. The established gardens include a veggie patch where the kids can help grow their own food, a gate out to the reserve so plenty of room to kick the footy or make your hundred in the family test, but the real highlight is the massive 9mtr X 9.5mtr garage and workshop. With its own toilet and heaps of room for cars, boats, and tools, it's the ultimate space for hobbies and storage. When it's time for some fresh air, you're just an easy walk from the safe swimming waters of Red Rocks Beach and the local Red Rocks golf course, making this the ideal base for years of family memories. Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
4
Listed
3 months ago

Repayment calculator

$3,874/month
$1,937 /fortnight
Loan $639,200 at 6.10% over 30 years

Upfront costs

Deposit$159,800
Stamp duty$43,010
Conveyancing (est.)$2,000
Total upfront$204,810
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cowes

This 5-bedroom house in Cowes, VIC 3922 sits within reach of public transport, local shops and nearby schools. It is listed 18% above the $679,000 median of 75 comparable houseswithin 5 km.

Schools near Cowes

  • Cowes Primary Schoolprimary · Prep-6 · CoEd
  • Our Lady Star of the Sea Catholic Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Scenic Dr/Red Rocks Rd (bus)374 m away
  • Cowes General Store2.1 km away
  • Unnamed86 m away
  • Phillip Island Coast Reserve292 m away
  • Unnamed309 m away

Cowes at a glance

Full suburb profile
Population
6,593
Median age
55
Household income
$1,026/wk
Median rent
$331/wk
Median mortgage
$1,550/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cowes price trend

Median sold · House 5+ bed

Compound growth -7.0% / yr over 4 yrs

$815kcurrent median

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Price history

Price history

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1 price change recorded for this property

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