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562 Settlement Road, Cowes$420,000
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562 Settlement Road

Cowes, VIC 3922, Australia
$400,000 – $440,000
604 m²

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About this property

Just a short stroll from the beautiful, north-facing Red Rocks Beach, this generous 613m² (approx.) block offers a rare opportunity to build your dream coastal home, family retreat, or development project (STCA). Whether you're a family looking for space to grow, a lifestyle buyer dreaming of a beachside escape, or an investor seeking a site with strong potential, this well-located parcel ticks all the boxes. Situated in a tightly held pocket of the coast, properties like this don't come along oftenand at this price, it won't last long. Secure your slice of seaside living today. Disclaimer: Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are advised to carry out their own investigations. Photo ID is required at our open home inspections for all attendees! Photographs may incorporate virtual furniture staging. All structures depicted remain unaltered.

Property Details

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

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
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 38% below the $679,000 median of 73 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

  • Settlement Rd/Justice Rd (bus)375 m away
  • Cowes General Store1.8 km away
  • Phillip Island Coast Reserve330 m away
  • Unnamed495 m away
  • Unnamed501 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

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1 price change recorded for this property

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