The 1994-95 Australian Baseball League Championship was won by the Waverley Reds, who finished the season with a 17-game winning streak. The Reds faced the 4th place Sydney Blues in the semi final and won 2-0, while the 2nd placed Perth Heat defeated the East Coast Cougars 2-1 to win a spot in the Championship Series. The Reds won the first two games of the championship series 5-1 and 4-2, with the third game not being required.