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VIC › Cowes › Everton Dr

45 Everton Dr, Cowes VIC 3922

For saleHouse for Sale

$1,650,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

1,323 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,650,000(Listing record · 6 July 2026)
  • FactLand 1,323 m²; no building size recorded.(Property record)
  • CalculationAsk is 132% above the Cowes median recorded sale ($711,250, n=82, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cowes's advertised median rent ($508/wk), implied gross yield would be 1.60% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,650,000

Asking · $1,247/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.

See the full Cowes report →

Vs Cowes

+132.0%

Median sale

Suburb $711,250

-2.11 pp

Gross yield

Suburb 3.71%

Suburb median $711,250 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,650,000
Stamp Duty (Victoria)
$90,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,748,064

$98,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Cowes's advertised median rent — not a rent for this listing.

Net yield
0.10%
Annual cashflow (pre-tax)
$-84,134
Interest cover (DSCR)
0.02
Annual rent
$26,416
Operating expenses
$24,750
Loan amount
$1,320,000
Annual interest
$85,800
Gross yield
1.60%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,650,000available6 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cowes in one glance

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.

See the full Cowes report →

Keep researching

  • Why Cowes? Read the area thesis →
  • What else is on the market in Cowes →
  • Other records on Everton Dr →

Listing material

Listed by Ray White Phillip Island

An Exceptional Lifestyle of Space, Sophistication & Style

Perfectly positioned on an impressive 1,323sqm (approx.) allotment in one of Cowes' most sought-after pockets, 45 Everton Drive is a home that effortlessly combines sophisticated design, exceptional craftsmanship and resort-style outdoor living. Every element has been carefully considered to create a residence that is as functional as it is beautiful, delivering an enviable lifestyle for families, entertainers and those seeking premium coastal living.

From the moment you arrive, the home's striking street presence sets the tone for what lies beyond. A generous double garage (5.9m x 6.5m) is complemented by an extensive full-length carport, providing outstanding accommodation for multiple vehicles, boats, caravans or trailers - an invaluable feature for those wanting to embrace the best of the Bass Coast lifestyle.

Stepping inside, you'll immediately appreciate the home's impeccable quality. Sleek polished concrete floors flow throughout the expansive open-plan living spaces, while LED lighting throughout and premium fixtures and fittings create a refined yet welcoming atmosphere.

Read the full description

At the heart of the home is a stunning designer kitchen that is sure to impress. Anchored by a substantial stone island bench, the space is beautifully illuminated by expansive skylights, allowing natural light to flood the room and creating an incredible sense of warmth and openness throughout the day. A spacious butler's pantry provides excellent additional storage and preparation space, ensuring the kitchen remains both practical and effortlessly elegant.

The thoughtfully designed layout places the kitchen at the centre of family life, overlooking the generous living and dining areas and offering uninterrupted views across the sparkling pool. Whether preparing dinner or entertaining guests, you'll always be connected with family enjoying the backyard beyond.

Designed for effortless comfort in every season, the expansive open-plan living area is anchored by a beautiful built-in woodfire heater, creating a cosy ambience throughout the cooler months. During the warmer seasons, a split system heating and cooling system, together with ceiling fans and the home's bright, airy design, provides exceptional climate control, ensuring the space remains comfortable all year round.

Seamlessly extending from the main living area is a spectacular outdoor entertaining zone that rivals any luxury holiday retreat. The expansive alfresco is complete with a fully appointed outdoor kitchen, featuring a built-in BBQ with plumbed gas, sink, TV point and mounting bracket, ceiling fan, outdoor heater and rangehood, making entertaining effortless in every season.

Adding another layer of luxury is the impressive 5m x 4m electric louvred pergola, complete with a retractable sun blind and dimmable LED lighting, allowing you to effortlessly adapt the space to suit every occasion - from sunny afternoon barbecues to intimate evening gatherings.

Framed by beautiful Australian hardwood decking, the outdoor entertaining area overlooks the stunning approximately 10m x 4m solar-heated swimming pool, creating a true resort-style setting. From the comfort of the living room or kitchen, parents can easily supervise children enjoying endless summer days in the pool, while guests relax with a drink on the deck. Conveniently positioned adjacent to the pool area is an outdoor shower and separate toilet, providing an incredibly practical addition for those enjoying time outdoors and allowing family and guests to rinse off and freshen up without needing to head back through the home. Beyond the pool, the expansive backyard provides plenty of room for children and pets to play, offering the perfect balance of recreation and relaxation on this generous parcel of land.

The accommodation has been thoughtfully designed to offer both privacy and comfort. The expansive master suite is a true retreat, boasting a generous walk-in robe and a beautifully appointed ensuite. The remaining three bedrooms are all generously proportioned and serviced by a stylish central bathroom, while the separate study provides the perfect work-from-home space and the dedicated games room offers valuable additional living for growing families.

Practicality has not been overlooked, with a 6.6kW solar power system helping to improve energy efficiency and reduce running costs, while the intelligent floorplan ensures every member of the family has room to spread out and enjoy their own space.

This is a home where luxury isn't simply about finishes - it's about lifestyle. From slow mornings bathed in natural light beneath the skylights, to afternoons spent beside the pool, and evenings entertaining family and friends under the louvred pergola, every day feels like a holiday.

Homes of this calibre, offering exceptional craftsmanship, expansive proportions and premium entertaining on such a substantial parcel of land, are rarely offered to the market.

PHOTO ID IS REQUIRED AT ALL INSPECTIONS

The property in Cowes is proudly for sale through Ray White Real Estate Phillip Island.

Listing description written by Jon Taylor, Ray White Phillip Island — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.