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
$960,000
Last sold
16 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
804 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
$960,000
16 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Cowes (last 5 years) with land size have a median of $1,195/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
+35.0%
Median sale
Suburb $711,250
-0.96 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 Barry Plant Phillip IslandTucked away in a quiet court location, this beautifully appointed residence offers style, quality, and comfort in one of Cowes' most desirable central estates.. From top to bottom, this home showcases premium finishes and thoughtful design, ideal for permanent living or as the ultimate holiday retreat.
The ground floor offers three generously sized bedrooms, each with built-in robes, alongside a spacious second living area – the perfect kids' retreat or guest zone. A central bathroom features a full-sized bath and separate shower, with a separate toilet for added convenience. The well-equipped laundry offers ample bench space and storage, catering to the needs of a busy household.
Upstairs, the light-filled open plan living, dining, and kitchen area is framed by sweeping views of Westernport Bay and greater Cowes. Step out onto the expansive north-facing deck and take in the panoramic outlook – an ideal setting for entertaining or relaxing in the sea breeze. The gourmet kitchen boasts stone benchtops, top-of-the-line appliances.
A striking gas illusion fireplace adds warmth and ambiance to the main living area, while Tasmanian oak floorboards provide a timeless coastal elegance. The master bedroom on this level features direct access to a private balcony, a generous walk-in robe, and a luxurious ensuite.
Additional features include:
Zoned ducted heating and cooling throughout
Smart front entry system with camera and internal motion-sensor lighting
Oversized double garage with internal access
Extensive storage throughout the home
Room in the backyard for a future pool or large shed (stca) and caravan boat storage.(land approx 804sqm)
Whether you're searching for a stylish family home or an exceptional beachside escape, this impeccable property ticks every box. Inspections will exceed expectations – a true standout in Cowes living.
Listing description written by Greg Davis, Barry Plant Phillip Island — reproduced as published, not verified by Districts.
Also look at
4 Water View Rise, Cowes VIC 3922
0-bed land for sale. Asking $450K–$480K.
U6, 22 Redwood Dr, Cowes VIC 3922
2-bed townhouse. Asking $499K.
7 Roderick Cl, Cowes VIC 3922
4-bed house for sale. Asking $649K.
33 Lansell Rd, Cowes VIC 3922
3-bed house for sale. Asking $560K–$595K.