The South Australians were again unable to win on their home soil over a 3 mile course. Sydney won for the second year in succession with another strong win over Melbourne. The race was held on 11th May 1895.
Time: 15 mins 45 secs
Margin: 6 lengths
1st Sydney University - Bow: R P Hickson, 2: Herbert W Kendall, 3: Charles T Russell, 4: John B Jones,
5: George A Vivers, 6: David Cowan, 7: N T Jones, Str: Montague C Chubb, Cox: Harold W Weigall
2nd Melbourne University - Bow: Joseph Champion, 2: Richard Percy Bell, 3: Thomas Crossthwaite, 4: John Hogan,
5: C W Morrisey, 6: William Boyd, 7: Donald Clive Morrison, Str: Harold A C Irving, Cox: Clive Strong Galbraith
3rd Adelaide University - Bow: Rupert Walter Hornabrook, 2: Francis John Douglass, 3: Henry Simpsom Newland, 4: Bronte Smeaton, 5: Charles Digby Halcomb, 6: Julian Augustus Roman Smith, 7: Gilbert Harvey Bray, Str: William Hay Gosse, Cox: Egbert Percy Little