2 Cove St, Watsons Bay is a 5 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 854m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
Harbourside living doesn't get any better than this! With an extraordinary absolute waterfront position on prestigious Cove Street, this once-in-a-generation offering fronts Watsons Bay Beach with unobstructed views that sweep across the historic bay to the bright lights of the city that are beautiful by day and dazzling by night. With an unrivalled connection to the bay and views that will never be built out, this is a true boat lover's paradise with idyllic waterfront gardens, a rare jetty and tidal beach. Held within the same family since 1961, built in 1972 this robust mid-century residence is set on just under 800sqm of prime waterfront land and immersed in a spell-binding vista with views from almost every room and a wraparound terrace affording the sensation of living on the water. All the hallmarks of mid-century architecture are here with long horizontal and vertical lines, a close connection with nature and a practical layout featuring multiple living zones as well as parking for six cars, an exceptional asset in this peninsula enclave. Tightly held and steeped in history, Watsons Bay offers a rare blend of seaside village charm and world-class harbourfront prestige an easy 20-minute ferry commute to Circular Quay.
* 24m frontage to Cove St, gated drive
* Freestanding with waterfront gardens
The size of Watsons Bay is approximately 0.6 square kilometres. There are 9 parks, covering nearly 60.4% of the total area. The population of Watsons Bay in 2016 was 850 people. By 2021 the population was 883 showing a population growth of 3.9% in the area during that time. The predominant age group in Watsons Bay is 20-29 years. Households in Watsons Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Watsons Bay work in a managers occupation.In 2021, 65.50% of the homes in Watsons Bay were owner-occupied compared with 61.90% in 2016.
Watsons Bay has 420 properties. Over the last 5 years, Houses in Watsons Bay have seen a 16.78% increase in median value, while Units have seen a 20.37% increase. As at 31 July 2026:
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