23B Margaret Street, Watermans Bay, WA 6020 | House for sale | OnTheHouse
FOR SALE
UNDER OFFER

23B Margaret Street
Watermans Bay WA 6020

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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YOUR BEACHSIDE HAVEN AWAITS

All offers presented by 5pm Sunday 16th November 2025 (unless sold prior). The sellers reserve the right to accept an offer prior without giving notice.
Perfectly positioned just footsteps from iconic beaches in the heart of Watermans Bay, this charming double-storey home embodies relaxed coastal living in an exceptional location.
Designed with thoughtful reverse-living to take full advantage of ocean breezes and sunset views, the home blends warmth, comfort and functionality with timber flooring, white shutters, neutral tones and seamless indoor-outdoor connection.
Upstairs, the open-plan kitchen, dining and living zone flows effortlessly to a generous balcony - an inviting space to unwind, enjoy ocean glimpses and take in the stunning west-coast sunset. The well-appointed kitchen offers excellent bench space, quality Miele appliances (oven, gas cooktop, rangehood and dishwasher), twin round sinks with filtered water, and ample storage. Ceiling speakers in the living area enhance the ambience, creating the perfect setting for entertaining or relaxing.
A bedroom with built-in robes and plush carpet is also located on this level, along with a convenient powder room.
Downstairs, the spacious master suite features a walk-in robe and a well-appointed ensuite with double vanity, bath, and floor-to-ceiling tiles, with sliding doors opening to a private garden retreat. Nearby, the third bedroom includes built-in robes and has easy access to the main bathroom, also complete with floor-to-ceiling tiles, shower and bathtub. A well-equipped laundry with external access, plus a separate toilet, add everyday practicality.
Outside, the secure front yard offers a peaceful and private space to enjoy, complete with lush lawn, shady mature trees - including mulberry and lemon - and a wrap-around verandah perfect for morning coffee or evening drinks.
A versatile external bonus room provides outstanding flexibility, ideal as a home office, workshop or creative studio, and is fitted with air-conditioning for year-round comfort.
Relaxed, stylish and inviting, this delightful coastal home presents an exceptional opportunity to enjoy low-maintenance beachside living in one of Perth's most sought-after locations.
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Property Details for 23b Margaret St, Watermans Bay

23b Margaret St, Watermans Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Keevers Group.

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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.

Suburb Insights for Watermans Bay 6020

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Ben Keevers
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Ray White Keevers Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.