Cowes at a glance
Median house
$820,000
Median unit
$425,000
Walk score
96
Walker's paradise
Population
6,593
Median age 55
The brief
What to know about Cowes.
The postcode for Cowes is 3922 (VIC), part of Greater Melbourne.
The median house price in Cowes is $820,000.
Cowes (3922) sits in the Bass Coast region of Victoria. The median house here is $820,000, in line with the Victoria median of around $850K.
Cowes has roughly 6,593 residents, with a retiree-heavy demographic. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Day to day
What it’s like to live here.
Cowes scores 96/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 2 government primary, 1 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Cowes's population at 6,593, with a median age of 55. That sits as a retiree-heavy demographic. Households are mostly owner-occupied (68% own, 26% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (63% family households, 35% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
6,593
Median age
55
Family households
63%
Lone person
35%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $820,000 on a typical sale, in line with the Victoria median. Units come in around $425,000, roughly 48% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $164,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$820,000
+0.0% over the past year. Median unit price $425,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$330/wk
Weekly rent (unit)
$331/wk
Owner occupied
68%
Renter occupied
26%
At a deeper level
$820,000
$425,000
6,593
Median age: 55
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For investors
Investment overview.
Gross rental yield on houses sits at 2.09% (median rent $330/wk against a $820,000 price tag). Units yield 4.05% gross, often the better cash-flow play for first-time investors. Renter share is modest (26%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.09%
Based on $820,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.05%
Based on $425,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202668%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
458
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
96
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Cowes.
Local schools for Cowes
View the catchment for each school to find out more.
Government School Catchment
Cowes Primary School
Somers Primary School
Non-Government Schools
Our Lady Star of the Sea Catholic Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Cowes.
- What is the median house price in Cowes?
- The median house price in Cowes, VIC 3922 is $820,000. The median unit price is $425,000.
- What is the Cowes postcode?
- Cowes is in the 3922 postcode, in VIC, in the Bass Coast Shire Council region.
- Where is Cowes?
- Cowes is a suburb of Melbourne, in VIC 3922. It is part of the Greater Melbourne area, in the Bass Coast Shire Council region.
- What is the average rent in Cowes?
- The median weekly rent for houses is $330, for units it's $331.
- What schools are in Cowes?
- There are 5 schools serving Cowes on this page, including Cowes Primary School, Our Lady Star of the Sea Catholic Primary School, Newhaven College.
- How walkable is Cowes?
- Cowes has a Walk Score of 96 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Cowes?
- Cowes is close to Silverleaves, Wimbledon Heights, Rhyll, Sunset Strip, Smiths Beach.
- What is the population of Cowes?
- The population of Cowes is approximately 6,593 (2021 Census). The median age is 55.
For Sale
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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