31 Island Point Ave, Waterways is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 874m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Waterways in the last 12 months.
It's Addressed:
This exceptional Waterways residence is positioned within the highly regarded Aspendale Gardens Primary and Mordialloc College school zones, and is also surrounded by Melbourne’s premier private schools including Haileybury, Lighthouse Christian College, St Leonard’s College, Kilvington Grammar and Mentone Grammar — making it an outstanding family location for both public and private education.
Just moments from The Nest Café, Waterways Lake and walking trails, with Parkmore Shopping Centre, Waterways Playground and major freeway access nearby, the home enjoys the perfect balance of lifestyle convenience and connectivity. Easy access to the 709 bus route and a short drive to Dandenong Station and employment hubs further enhance its appeal.
Set on a substantial 874sqm allotment, this impressive home makes a striking first impression with its contemporary façade, double-storey architectural form, vertical glazing and integrated double garage. The design is both elegant and functional, with landscaped gardens and wide windows flooding the home with natural light.
Inside, the sense of space is immediate. Soaring double-height ceilings flow through the entry and main living areas, creating a dramatic and airy atmosphere rarely found in suburban homes. Polished hardwood floors, modern LED lighting and plantation shutters enhance the refined feel throughout. The versatile floorplan offers multiple living zones, including formal dining, lounge, open-plan family living, a children’s rumpus room and a dedicated study — ideal for growing families or those working from home.
The kitchen is designed for everyday living and entertaining, featuring 20mm stone benchtops, a breakfast bar, 900mm gas cooktop and oven, rangehood, glass splashback, dishwasher and soft-close cabinetry, all with generous storage.
Four spacious bedrooms include a luxurious master retreat with walk-in robe, private balcony and ensuite. The ensuite is beautifully appointed with full-height tiles, frameless shower, bathtub and stone-top dual vanity. The main bathroom also offers full-height tiling, semi-frameless shower and a spa bath for relaxation.
Outdoors, the home delivers outstanding entertaining and family space with a covered alfresco, sun-filled deck, shaded dining area and a large, secure backyard with vehicle access gate. An external water tank and double lock-up garage with internal access complete this superb offering.
This is a rare opportunity to secure a large, architecturally impressive home in one of Waterways’ most tightly held family pockets.
Contact us today to arrange a priority inspection.
Property Specifications
- Double lock-up garage with internal access and rear vehicle gate
- Expansive 874sqm block with large yard and multiple outdoor entertaining areas
- Four bedrooms plus study, including master with ensuite, balcony and walk-in robe
- Multiple living zones including formal dining, lounge, rumpus and open-plan living
- Double-height ceilings throughout main living areas
- Modern kitchen with stone benches, 900mm gas cooking, dishwasher and ample storage
For more Real Estate in Waterways contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
The size of Waterways is approximately 1.7 square kilometres. There are 11 parks, covering nearly 10.3% of the 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 16.80% increase in median value, while Units have seen a 62.18% increase. As at 30 April 2026:
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