Suburb Report
One of Sydney's most tightly held pockets — houses traded just 2 times this year, at a median of $2.55m, with 5 homes changing hands in the last twelve months.
By Richard Faludi · Updated September 2026 · Data: Pricefinder
In the twelve months to September 2026, Watsons Bay recorded just 2 house sales at a median of $2.55m — a market defined by scarcity rather than turnover. The spread is wide: the highest recorded house sale reached $3.80m, while entry to the suburb — excluding outlier transfers — starts around $650k.
Apartments changed hands 3 times in the same period — 1 more transactions than houses, at a median of $2.02m.
At the 2021 Census the suburb was home to about 900 people; 30% of dwellings are apartments, and 28% of households rent.
Watsons Bay is a village at the end of the peninsula — heritage cottages, the wharf, the harbour pool. Homes are held for decades, and contested fiercely when they're not.
Median sale price, year by year. Toggle between houses and apartments — hover any point for the detail.
Calendar-year medians from recorded sales. The current year is shown to date.
5 sales were recorded here over the past twelve months. This is where they landed by price — and the months they sold.
0 rentals were recorded in Watsons Bay over the past year. Median weekly rents by bedroom count, tracked quarter by quarter.
Median advertised weekly rent per quarter, from recorded rental listings.
Sold $3.80m
4 Gap Rd
Sold $1.30m
3 Military Rd
Source: Pricefinder recorded sales. Some recent prices are agent-advised pending settlement.
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