33 Island Point Avenue, Waterways, VIC 3195 | Property Value & History | OnTheHouse
OFF MARKET

33 Island Point Avenue
Waterways VIC 3195

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 295m2
Land area: 737m2
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Property Details for 33 Island Point Ave, Waterways

33 Island Point Ave, Waterways is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 737m2 and floor size of 295m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
2006
Floor Size
295m2
Land Size
737m2
Local Government
Kingston
Lot/Plan
388/PS435322

Last Listing description (August 2024)

Providing families with grand scale living that enjoys an enviable indoor-outdoor flow, and only a few
steps from the beautiful and tranquil Waterways lakes, this immaculately presented home with sun-lit
interiors and an alfresco sensation is an entertainer's dream.

Filled with natural light and offering a vast amount of space to spread out, the impressive facade gives
way to an extensive central hallway off which there is a formal living and dining area and a dedicated
study (which could also convert to a fifth bedroom). Set to the rear, the open plan entertaining zone
wraps a generous kitchen with stainless steel appliances, whilst the rear showstopper is a huge alfresco timber deck that is entirely protected from the weather for all year-round entertaining. The deck
features banks of bi-fold doors across the entire perimeter which can be thrown back to connect the
inside with the well-sized lawn and leafy garden outside. Families will love the existing glass-fenced spa for all-weather use, and there is also ample room for a pool if desired (STCA).
Another expansive living space can be found upstairs where it opens to a front balcony overlooking the
estate's peaceful surroundings. Four spacious bedrooms on this level include a supersized master with large walk-in wardrobing and ensuite bathroom. All the remaining rooms benefit from fitted robes and
share the large double vanity family bathroom with convenient separate WC.
Offering a guests' powder room downstairs, a laundry with yard access plus ducted heating and a split system on each level, the home is wrapped up by a double auto garage with rear roller door to concrete parking for a boat or trailer, or even a basketball court for the kids! Other unique features include a tranquil fire-pit zone, herb garden and large storage shed.
A stroll around the surrounding beautiful lakes and extensive walking paths is a bird-lover's paradise,
and the property is conveniently located near the playground, cafe, bus stops, and within easy reach of shopping centres, train stations and Aspendale Gardens primary school. This sought-after luxury estate also enjoys convenient freeway access, it's close to the beach and just moments away from Haileybury, Lighthouse, Cornish college, Mordialloc College and Parkdale Secondary college.

Property History for 33 Island Point Ave, Waterways, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,732,500
10 Mar 2024
Listed for Rent
$565/w
31 May 2014
  • 10 Mar 2024
    Sold for $1,732,500
  • 17 Feb 2024
    Listed for Sale $1,700,000 - $1,850,000
  • 10 Jun 2015
    Sold for $810,000
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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 23.76% increase in median value, while Units have seen a 47.19% increase. As at 31 January 2026:

  • The median value for Houses in Waterways is $1,475,584 while the median value for Units is $1,191,018.
  • Houses have a median rent of $925.
There are currently 9 properties listed for sale, and 1 property listed for rent in Waterways on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in Waterways.

Suburb Insights for Waterways 3195

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Cotality Copyright and Legal Disclaimers about Property Data
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.