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 › Yarramundi Way
$985,000
Last sold
23 Apr 2026
4
Bedrooms
2
Bathrooms
6
Car spaces
656 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
$985,000
23 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Cowes (last 5 years) with land size have a median of $1,193/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
+38.5%
Median sale
Suburb $711,250
-1.03 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 IslandPerfectly positioned just a short stroll from the main street of Cowes, this beautifully designed boutique residence delivers five-star luxury, space, and lifestyle on a generous 656sqm (approx.) allotment.
Showcasing prestigious fixtures and fittings throughout, this stunning two-storey home features four bedrooms, 2.5 bathrooms, smart-lock entry, and a double garage plus 2 extra entrances through double gates with additional space for a boat, caravan, jetski or trailer.
The ground level offers a striking open-plan living, dining, and kitchen zone with custom concrete waterfall benchtops, reclaimed timber accents, a concrete fireplace mantle, and premium SMEG appliances including induction cooktop, oven and warming drawer. A Fisher & Paykel fridge with plumbed water and ice maker, handleless cabinetry, plantation shutters, and dimmable lighting complete the space.
A large cosy living area with gas log fire and built-in daybed opens to a covered outdoor deck with concrete BBQ unit, flowing onto an expansive landscaped backyard with established trees and a private fire-pit area - perfect for entertaining.
Two downstairs bedrooms with built-in robes are serviced by a luxurious family bathroom featuring reclaimed timber vanity and heated towel rail.
Upstairs, a stunning timber staircase with custom recycled timber railing leads to a light-filled retreat. Plantation shutters, built-in window seats with storage, air-conditioning, and ceiling fans enhance comfort, while a large upstairs deck offers glimpses of the sparkling blue sea, a constant reminder of your coastal setting.
This level also includes a versatile guest room with a built-in queen Murphy bed and integrated shelving, serviced by a stylish powder room.
The upper level is completed by the ultimate master suite - a true sanctuary. Featuring a luxury ensuite with double shower, freestanding bath, heated towel rail, and a double-sided EcoSmart fireplace, this space is nothing short of spectacular. Additional highlights include a Velux opening skylight with blind, custom timber vanity with a back lit mirror, concrete fireplace surrounds, mirrored cabinetry, plantation shutters, walk-in robe, lockable window seat storage, premium wool carpets and ceiling fan.
This is a home where luxury meets lifestyle, offering a rare opportunity to secure a statement property in one of Cowes' most sought-after locations.
With a strong history as a successful holiday rental, this versatile property presents an outstanding opportunity for continued income or an idyllic family home.
Call to book your private inspection today.
Listing description written by Christie Spargo, Barry Plant Phillip Island — reproduced as published, not verified by Districts.