5 Island Point Ave, Waterways is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 739m2. While the property is not currently for sale or for rent, it was last sold in May 2011.
THE ULTIMATE IN RESORT LIVING
THIS MAGNIFICENT HOME WAS BUILT BY A BUILDER FOR HIS OWN FAMILY ? AND IT SHOWS. THOUGHTFULLY DESIGNED AND SUPERBLY FINISHED, IT SHOWCASES BAYSIDE?S BEST RESORT-STYLE LIVING, COMBINING COMFORT AND FLAIR IN A LOCATION THAT?S MORE LIKE A DESTINATION THAN A SUBURB. IT?S READY TO MOVE INTO WITH ABSOLUTELY NOTHING TO DO. JUST UNPACK YOUR BELONGINGS AND ENJOY THE LIFESTYLE! SITUATED ON A HUGE 740SQM BLOCK, THE RESIDENCE COMPRISES THREE SPACIOUS BEDROOMS, MASTER WITH WALK-THROUGH ROBES AND A TWO-WAY EN SUITE WITH TWIN SINKS, A STUDY, A MULTI-PURPOSE ROOM THAT COULD EASILY CONVERT INTO A FOURTH BEDROOM, FORMAL AND INFORMAL LIVING ZONES AND A GOURMET KITCHEN WITH EUROPEAN MIELE AND SMEG STAINLESS-STEEL APPLIANCES, GRANITE BENCH TOPS AND A WORKING PANTRY. AS WELL AS OFFERING PLENTY OF SPACE TO PLAY OR RELAX IN THE BEAUTIFULLY LANDSCAPED GARDENS, THE GROUNDS BOAST A GORGEOUS SOLAR HEATED POOL AND A CABANA DESIGNED TO MAKE ENTERTAINING A BREEZE. IT HAS A BARBEQUE AND SINK SET INTO A GRANITE BENCH TOP AND A BUILT-IN FRIDGE, PLUS AN OUTDOOR TOILET WITH SEPARATE SHOWER. THE DECKED AL FRESCO DINING AREA IS BOTH SPECTACULAR AND PRACTICAL WITH ITS COSY OPEN FIREPLACE AND CAF? BLINDS. QUALITY EXTRAS INCLUDE ATTIC STORAGE, DUCTED HEATING, AIR CONDITIONING, DOUBLE-GLAZED WINDOWS IN THE NORTH-FACING WINDOWS, CURTAINS AND WOODEN VENETIAN BLINDS THROUGHOUT, EXTERIOR AWNING BLINDS, WATER FEATURES, A FULL SPRINKLER SYSTEM, TWO WATER TANKS, DUCTED VACUUM, ALARM SYSTEM AND INTERCOM, TWO SHEDS, A HUGE REMOTE DLUG AND A WORKSHOP FOR THE HANDYMAN.
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 10.26% increase in median value, while Units have seen a 0.91% increase. As at 31 May 2026:
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