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.
VIC › Cowes › Water View Rise
$1,050,000
Last sold
27 Feb 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,093 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
Last sold
$1,050,000
27 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Cowes (last 5 years) with land size have a median of $1,196/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
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
+47.6%
Median sale
Suburb $711,250
-1.19 pp
Gross yield
Suburb 3.71%
Suburb median $711,250 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Ray White Phillip IslandPositioned in the highly sought-after Seagrove Estate, this elegant double-storey residence offers an exceptional lifestyle opportunity just 900 metres from the pristine shoreline and a short four-minute drive to the vibrant Thompson Avenue precinct, home to shops, restaurants, and cafés. Built in 2010 and set on an impressive 1,094 sqm (approx.) allotment, the property captures subtle water glimpses and is surrounded by beautifully established gardens, creating a private and serene environment.
Designed for luxurious family living, the home features four generous bedrooms, including a sophisticated master retreat complete with a walk-in robe, a spacious ensuite with a double vanity, a ceiling fan, and a private balcony offering a peaceful outlook. The three remaining bedrooms are equally well-appointed with built-in robes and share a large family bathroom, ideal for growing families or accommodating guests.
The heart of the home is the stunning kitchen, showcasing sleek stone benchtops, a well-equipped butler's pantry, a 600mm gas cooktop with electric oven, and a dishwasher, making entertaining and everyday living effortless. Flowing seamlessly from the kitchen is the light-filled family living and dining zone, which opens onto a substantial covered top deck - perfect for alfresco dining and year-round entertaining.
The lower level reveals a second spacious living area that extends to a vast rear deck overlooking the beautifully landscaped gardens. Here, a paved fire pit area invites relaxed gatherings under the stars, and a rear gate provides easy access to a nearby track leading to the north-facing beach, boat ramp, and a charming local café.
This thoughtfully designed home offers a host of premium features, including privacy and block-out blinds, two powder rooms, split system heating and cooling units, four ceiling fans, polished timber floors, plush new carpets (installed three years ago), and a freshly repainted interior. There is ample storage throughout, including a large laundry and handy under-stair storage space.
Practicalities have been meticulously considered with a double garage offering internal access and a rear roller door, additional space for caravan and boat parking, a gas hot water system, a sprinkler system to maintain the lush gardens, and a substantial water tank. The fully irrigated backyard is a standout feature - designed for easy maintenance and lush surrounds, with the irrigation system connected to both mains and a large rainwater tank, allowing for efficient year-round watering. For added sustainability, all toilets in the home are plumbed to run off the tank water.
Rarely does a home combine elegant living, a highly desirable location, and superb functionality so seamlessly. This is your opportunity to secure a magnificent lifestyle property that truly has it all.
* Photo ID is required at all Open for Inspections.
This beautiful property in Cowes is proudly for sale through Ray White Real Estate Phillip Island.
Listing description written by Sam Clark, Ray White Phillip Island — reproduced as published, not verified by Districts.
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