1 Island Point Ave, Waterways is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 755m2 and floor size of 543m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
As soon as you enter Waterways Estate, you enter a suburban utopia. With its pristine surrounding parklands and the relaxing walk and bicycle paths that guide you to and past Nest at Waterways Caf on the lake. All this while you take in the tranquil lakeside views, this is what Waterways has built its prestigious reputation on. lifestyle. So here's your opportunity to grab a block that will be the foundations to this lifestyle that you have been searching for. 1 Island Point is surrounded not only by beautiful opulent homes but this 780m2 block will also give you picturesque lake views from almost all directions with its North to North East water views facing location. Adding to this estate lifestyle, Waterways is backed up by great amenities with great schools including one of Melbourne's finest, Haileybury College. Minutes' drive towards Edithvale beach and others. Shops, eateries, bus stop, arterial access and even Keysborough Golf Club. With such a hot block it's only fair to yourself to enquire how to make this dream lifestyle yours!
The size of Waterways is approximately 1.7 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of Waterways in 2016 was 2461 people. By 2021 the population was 2422 showing a population decline of 1.6% in the area during that time. The predominant age group in Waterways is 40-49 years. Households in Waterways are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterways work in a professional occupation.In 2021, 88.30% of the homes in Waterways were owner-occupied compared with 89.80% in 2016.
Waterways has 795 properties. Over the last 5 years, Houses in Waterways have seen a 23.76% increase in median value, while Units have seen a 47.19% increase. As at 31 January 2026:
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