14 Island Point Ave, Waterways is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 771m2 and floor size of 381m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Immensely scaled, impressively appointed and right on the waterfront, this is the best of island life! Built on a grand scale with customised design adding to the immense accommodation, this up to five bedroom, 4.5 bathroom, dual study, multi-zone home offers an uncompromising waterfront lifestyle.
Designed to fit the biggest blended or extended family, this ultra-accommodating home features a breathtaking ground-floor master-domain (with study-retreat, dual-vanity ensuite and dual walk-in-robes), double secondary bedrooms (all with their own private ensuite and walk-in-robe), and a vast fifth bedroom, currently configured as library (or fifth living area) beside a fitted home-office.
Expansively entertaining with a gorgeous gasfire-warmed lounge, this voluminous home opens out to the water with vast family living-dining wrapped by a water-feature al fresco area, an extra water outlook from a quiet media-lounge, a versatile first-floor lounge to keep the kids entertained and dual front balconies capture north sun. Even the elite stone-benchtop, Blanco and AEG appliance kitchen is big on entertaining with a huge butler's pantry, sized to double as a secondary kitchen!
Never losing sight of its place as a warm and welcoming family home, this inviting home opens up with a rich jarrah entry and elegant plantation-shutters and unfolds to offer textural detail including neutral sisal-style carpets and warm custom cabinetry. Prestige appointed with ducted heating, cooling and vacuum, fibre-optic NBN and auto-blinds, the home is set in substantial approx 771sqm waterside gardens with a double auto-garage, auto-irrigation plus 4000L water-storage and landscaped wraparound garden including an enclosed espaliered orchard!
But above the scale, substance and superlative family living, it's this wonderful waterfront position that sets this home apart. With Mordialloc's shopping, station and beaches within a seven minute drive, the Keysborough Colleges (Haileybury, Sirius and Lighthouse) close, and Braeside Park with a walk or cycle, this exclusive island escape is in reach of it all.
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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