31 Waterside Drive, Waterways, VIC 3195 sold on 28 February 2026 | OnTheHouse
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Sold on 28 Feb 2026 for $2,500,000

31 Waterside Drive
Waterways VIC 3195

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Floor area: 500m2
Land area: 700m2
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Property Details for 31 Waterside Dr, Waterways

31 Waterside Dr, Waterways is a 6 bedroom, 4 bathroom House with 3 parking spaces and was built in 2005. The property has a land size of 700m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 6 bedroom House sold in Waterways in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
500m2
Land Size
700m2
Local Government
Kingston
Lot/Plan
345/PS435322

Last Listing description (March 2026)

Its Addressed:

An extraordinary example of bespoke design and craftsmanship, this architecturally striking lakeside residence delivers exceptional scale, luxury, and lifestyle in one of Melbournes most tightly held settings.

Purpose-built by its owners with an uncompromising focus on quality, the home blends grand proportions with intelligent zoning, creating an environment that caters equally to refined entertaining and everyday family living. The impressive exterior presence is matched by an equally sophisticated interior, where multiple living domains are thoughtfully arranged to provide both connection and privacy.

Accommodation is extensive, offering five oversized bedrooms alongside a dedicated executive home office or optional sixth bedroom. Three expansive open-plan living areas and a private cinema room each provide their own atmosphere for relaxation and enjoyment. At the heart of the home sits a statement kitchen finished with Indian marble and premium integrated Miele appliances, supported by a concealed butlers kitchen and pantry equipped to commercial standards a true highlight for those who love to entertain.

The attention to detail continues throughout, including a showroom-quality double garage finished with heavy-duty tiling, rain-sensing skylights, powder and change facilities, climate control, and bi-fold access to a polished concrete entertaining zone or additional trailer storage. Comfort is assured year-round with double-glazed windows, double-insulated walls, and multi-zone refrigerated heating and cooling powered by dual Daikin three-phase systems, while a zoned SONOS audio system enhances the homes ambience.
Luxury inclusions extend further with soaring 3-metre ceilings, four indulgent bathrooms, an additional externally accessed kitchen, built-in tropical fish tank, CCTV security, intercom entry, Hills Home Hub, and expansive balconies overlooking the jetty and tranquil waters of Waterways Lake. Practical enhancements such as laundry chutes, generous attic storage, SweepVac, and ducted vacuuming add everyday ease to the homes impressive feature list.

Positioned just moments from Nest at Waterways, scenic lakeside walking and cycling trails, Braeside Park and wetlands, as well as convenient freeway access, elite golf courses, boutique shopping, and the renowned Longbeach caf precinct, this is a truly rare opportunity to secure an elite lifestyle residence of remarkable calibre.

Property History for 31 Waterside Dr, Waterways, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$2,500,000
28 Feb 2026
  • 28 Feb 2026
    Sold for $2,500,000
  • 05 Feb 2026
    Listed for Sale $2,200,000 - $2,300,000
  • 12 Oct 2021
    Sold for $2,430,000
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About Waterways 3195

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 26.32% increase in median value, while Units have seen a 45.18% increase. As at 28 February 2026:

  • The median value for Houses in Waterways is $1,457,863 while the median value for Units is $1,209,304.
  • Houses have a median rent of $925.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Waterways on OnTheHouse. According to Cotality's data, 41 properties were sold in the past 12 months in Waterways.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.