All About Watsons Bay, Woollahra, NSW, 2030

Watsons Bay, located in the Woollahra municipality of New South Wales, is one of Sydney's most picturesque and historically rich suburbs. The housing market in Watsons Bay is characterized by its exclusivity and high demand, particularly because of its stunning ocean views, proximity to the Sydney Harbour, and the charming village atmosphere that defines the area. Properties in Watsons Bay are often luxurious and come with a premium price tag, reflecting the suburb’s desirability and limited availability of new developments. The market here shows a consistent growth trend due to its appeal to affluent buyers who are seeking a tranquil yet convenient location. As a result, homes in Watsons Bay are seen as both a desirable place to live and a valuable long-term investment.

Living in Watsons Bay offers residents a unique blend of natural beauty and cultural heritage. The area is famous for its scenic coastal walks, iconic beaches such as Camp Cove and Watsons Bay Beach, and historical sites like The Gap, with its dramatic ocean cliffs. The laid-back lifestyle is complemented by an array of waterfront dining options, including the renowned Doyle's on the Beach, making it a perfect spot for enjoying fresh seafood with breathtaking views. Despite its peaceful ambiance, Watsons Bay is just a short ferry or drive away from Sydney’s bustling city center, providing residents with easy access to urban amenities. This combination of serene coastal village vibe and city proximity makes Watsons Bay incredibly attractive to families, professionals, and retirees alike who are looking for an idyllic place to call home.

Watsons Bay Real Estate Market Outlook

Thinking about buying in Watsons Bay? Now could not be a better time, with 531 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $7,325,000 with prices in this suburb ranging from $666,000 to $28,333,000. Watsons Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Watsons Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Watsons Bay ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Watsons Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Watsons Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!