Cowes at a glance
7,858
People
$711,250
Median sale
$508/wk
Median rent
3.71%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
$875,000–$925,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
738 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$875,000–$925,000
Asking range · $1,186/m² of land
No recorded sale for this property.
Cowes at a glance
7,858
People
$711,250
Median sale
$508/wk
Median rent
3.71%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs Cowes
+23.0%
Median sale
Suburb $711,250
-0.69 pp
Gross yield
Suburb 3.71%
Suburb median $711,250 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$53,422 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Cowes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $508/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cowes at a glance
7,858
People
$711,250
Median sale
$508/wk
Median rent
3.71%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo Phillip Island | San RemoThis exceptional brick home in an established pocket of East Cowes offers a rare combination of natural surroundings with an unbeatable location – just 750m to Thompson Avenue's cafes and shops, 1.3km to the beach and 850m to East Cowes Recreation Reserve with football, soccer and tennis facilities.
The true jewel of this property is its position backing directly onto a reserve meaning uninterrupted green space, privacy and direct gate access for dog walks, kids play or leisurely strolls. Your backyard essentially extends into nature beyond, offering a peaceful outlook that's tightly held and increasingly rare to find.
Step inside to soaring pitched ceilings that flood the living and dining area with impressive natural light and space. A cozy wood heater creates the perfect ambiance for winter evenings, while the room's grand proportions make it ideal for both relaxed family time and elegant entertaining. The home flows seamlessly to a generous second living area featuring a built-in bar with an art deco vibe – perfect for cocktail hour or casual drinks with friends.
The modern kitchen is a chef's delight with brand-new appliances throughout, plenty of storage and generous bench space for meal preparation. The thoughtful design connects the indoor spaces effortlessly to the north-facing undercover alfresco area, ideal for year-round entertaining. The expansive backyard features a cozy fire pit and two generous garden sheds for all your storage needs, while direct parkland access from the back gate makes outdoor living effortless.
This home strikes the perfect balance for both families and downsizers. Multiple living areas provide space for everyone to spread out, the natural backdrop offers safe play space at your doorstep and kids can walk or bike to local sporting facilities for weekend activities. For those seeking a coastal tree-change, the low-maintenance brick construction, single-level design, and walkable lifestyle means more time enjoying the best of Phillip Island with less upkeep. Energy efficiency comes standard with a 6.6KW solar system helping reduce bills year-round.
East Cowes has earned its reputation as one of the island's most sought-after neighbourhoods – close enough to enjoy all of Cowes' amenities yet peaceful and well established. The local sporting hub brings the community together for weekend matches and social tennis, while the beach (recently named 10th best in Australia for 2025) offers safe swimming in a family-friendly atmosphere. Whether you're popping out for Saturday morning coffee, heading to the beach for a sunset swim or enjoying morning walks through protected parkland, everything is within easy reach without needing the car.
Whether raising a family or embracing your next chapter, this Walton Street gem deserves your immediate attention. Contact us today to arrange an 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!
Listing description written by Jaime Morris, Stockdale & Leggo Phillip Island | San Remo — reproduced as published, not verified by Districts.