20 Margaret Street, Watermans Bay, WA 6020 | Land for sale | OnTheHouse
 
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20 Margaret Street
Watermans Bay WA 6020

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Land area: 1022m2
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Unmatched Coastal Opportunity

Reasons to call this home
Set in one of Perth’s most sought-after coastal enclaves, 20 Margaret Street, Watermans Bay presents a once-in-a-lifetime opportunity to secure a premium 1,022sqm parcel of land with all the hard work already done. This is not just a block – it’s the launchpad for your dream coastal lifestyle.
Perched in an elevated position with breathtaking ocean views, this rare offering comes complete with all earthworks finished, saving you time and money. A state-of-the-art 10-car undercroft garage and a swimming pool are already built – two major features that set this property apart. Even more appealing, approved building plans for a luxury residence are in place, allowing you to begin your build immediately without the delays and stress of the design and planning process.
This blank canvas is a premium choice for discerning buyers who want to create an extraordinary home in a tightly held beachside suburb. Whether you're a developer or a family dreaming of coastal luxury, the setting and scale are unmatched. With uninterrupted views of the Indian Ocean, your future home will offer daily sunsets and an unbeatable lifestyle just steps from the water. Opportunities like this are exceptionally rare – secure your piece of paradise today and start building tomorrow.
Get in touch
To find out more about this property, you can contact agents Sean and Jenny Hughes on 0426 217 676 or Oliver Hess on 0478 844 311, or by email at hughesgroup@haivenproperty.com.au.
Main features
- 1,022 sqm block
- Ocean views
- Rare build opportunity
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Property Details for 20 Margaret St, Watermans Bay

Building Type
Land
Land Size
1022m2
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About Watermans Bay 6020

The size of Watermans Bay is approximately 1.2 square kilometres. It has 5 parks covering nearly 55.6% of total area. The population of Watermans Bay in 2016 was 1281 people. By 2021 the population was 1369 showing a population growth of 6.9% in the area during that time. The predominant age group in Watermans Bay is 60-69 years. Households in Watermans Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Watermans Bay work in a professional occupation.In 2021, 77.20% of the homes in Watermans Bay were owner-occupied compared with 68.10% in 2016.

Watermans Bay has 741 properties. Over the last 5 years, Houses in Watermans Bay have seen a 103.29% increase in median value, while Units have seen a 61.71% increase. As at 31 October 2025:

  • The median value for Houses in Watermans Bay is $1,958,524 while the median value for Units is $834,479.
  • Houses have a median rent of $875 while Units have a median rent of $750.
There are currently 5 properties listed for sale, and 1 property listed for rent in Watermans bay on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Watermans bay.

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Sean & Jenny Hughes
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Oliver Hess
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Haiven Property
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