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5 Lawrence Avenue, Cowes$489,000
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5 Lawrence Avenue

Cowes, VIC 3922, Australia
$489,000
815 m²

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About this property

Positioned in a quiet and highly desirable pocket of Cowes on beautiful Phillip Island, this exceptional vacant allotment at 5 Lawrence Avenue offers the perfect opportunity to build your dream coastal home. Set on a generous approx. 815m² parcel with an impressive 19.8m frontage and 41m depth, the block provides ample space and flexibility for designing a substantial family residence, holiday retreat, or investment property (STCA). The fully fenced and cleared allotment is ready for you to start planning your build immediately. With its desirable north-facing orientation, the site enjoys abundant natural light and warmth throughout the day-ideal for creating light-filled living spaces and outdoor entertaining areas. A potential second-storey design may capture water views, adding further appeal to this already outstanding offering. Located just moments from the heart of town, you'll enjoy an easy walk to the stunning north-facing Cowes front beach, along with convenient access to the vibrant local lifestyle including boutique shops, cafés, restaurants, and scenic coastal walking tracks. Key Features: Approx. 815m² vacant block Generous 19.8m frontage x 41m depth Fully fenced and cleared North-facing orientation Potential water views from a second storey (STCA) Easy walk to Cowes northly family friendly beach Close to shops, cafés, restaurants and coastal walking trails Located in a highly sought-after area of Cowes Whether you're looking to build your forever home or the ultimate island getaway, this magnificent parcel of land presents endless possibilities in a premium location.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
815 m²
Listed
3 months ago

Repayment calculator

$2,371/month
$1,185 /fortnight
Loan $391,200 at 6.10% over 30 years

Upfront costs

Deposit$97,800
Stamp duty$24,410
Conveyancing (est.)$2,000
Total upfront$124,210
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.

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Neighbourhood

Living in Cowes

This land in Cowes, VIC 3922 sits within reach of public transport, local shops and nearby schools. It is listed 32% below the $720,000 median of 77 comparable landswithin 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

  • Walton St/Thompson Ave (bus)676 m away
  • TerryWhite Chemmart662 m away
  • Unnamed231 m away
  • Unnamed341 m away
  • Seagrove Park495 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 3 bed

Compound growth -3.9% / yr over 4 yrs

$650kcurrent median

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Price history

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1 price change recorded for this property

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