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Watsons Bay suburb profile

Watsons Bay is a picturesque harbourside suburb located at the southern head of Sydney Harbour, approximately 11km from the Sydney CBD. Known for its stunning coastal views, historic landmarks, and relaxed beachside atmosphere, Watsons Bay is a popular destination for both locals and tourists. The suburb offers a mix of charming heritage homes and modern residences, with easy access to scenic walking trails, such as the South Head Heritage Trail. Renowned for its seafood dining, particularly at the iconic Doyles on the Beach, Watsons Bay provides a tranquil escape with convenient ferry connections to the city.

Watsons Bay property market performance

Watsons Bay’s property market has shown no changes in median values over the past 12 months, with house and unit prices steady at $0, reflective of very limited transaction activity. Only two houses and two units have been sold in the last 12 months, contributing to static median values.

Interestingly, the rental market for units in Watsons Bay has seen significant growth, with average rent skyrocketing by 114.3% to $1,875, indicating a strong demand despite the stagnant sales market.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
N/AN/A
Sold
Past 3 months
23
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
N/A$1875
Change in rent
Past 12 months
N/A90.4%

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Watsons Bay demographics

Watsons Bay, a picturesque suburb located at the southern head of Sydney Harbour, is renowned for its stunning coastal views, historic charm, and tranquil lifestyle. With a population of just 883, it offers a close-knit community atmosphere, appealing to families and individuals seeking a peaceful retreat from the bustling city life. The median age of 40 suggests a mature community, with a significant portion of residents being established professionals and families.

The suburb's housing landscape is characterized by a high rate of home ownership, with 44.9% of properties owned outright and 24.8% owned with a mortgage. This reflects a stable and affluent community, as evidenced by the median total household income of $2924 per week, which is notably higher than the national average. The rental market, comprising 30.3% of properties, provides options for those who prefer flexibility or are new to the area.

Family life is a prominent feature of Watsons Bay, with 46.8% of households being couple families with children and 42.0% being couple families without children. The presence of one-parent families, although smaller at 11.2%, adds to the suburb's diverse family dynamics. The absence of other family types highlights the traditional family-oriented nature of the community. With its blend of natural beauty, historical significance, and a strong sense of community, Watsons Bay remains a coveted location for those seeking a serene yet connected lifestyle.

Suburbs near Watsons Bay

Some popular suburbs near Watsons Bay include:

How does Watsons Bay compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Watsons Bay have grown 257.8% higher than the average rate of growth across Sydney.

Choose the right real estate agents in Watsons Bay

Currently, there are 5 real estate agents working in Watsons Bay—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 5 agents sold 100.0% of all properties in Watsons Bay over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Watsons Bay typically charge a commission of 1.77% to 2.03%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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