40a Margaret St, Watermans Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 468m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Commandingly elevated and privately positioned to the rear and off the street, this beautifully-renovated 3 bedroom 2 bathroom rear home enjoys the best of everything, stunningly situated between the majestic Star Swamp Bushland Reserve and the glorious beaches surrounding Waterman's Bay - with the vibrant Flora Terrace coffee and eating strip somewhere in between.
Pleasant inland views can be indulged from the property's upper level, where a carpeted retreat or living room services the two minor bedrooms - both double-sized with ceiling fans and built-in wardrobes - and a fully-tiled main bathroom with a separate shower and bath tub. A fantastic separation in the living zones sees an elegant front lounge and dining room welcome you upon entry and allow natural sunlight to filter through and warm the space during those special occasions.
The open-plan family and meals area has been especially revamped and is where most of your casual time will be spent. Incorporated into an impressive design is a stunning sleek kitchen with sparkling waterfall stone bench tops, soft-closing drawers and cabinetry, ample storage space, a hidden wine rack, glass splashbacks, a walk-in pantry and top-quality Miele appliances, including a coffee machine, steam oven, combi oven, plate warmer, an Induction cook top, range hood and an integrated dishwasher.
The size of Watermans Bay is approximately 1.2 square kilometres. There are 5 parks, covering nearly 55.6% of the 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 743 properties. Over the last 5 years, Houses in Watermans Bay have seen a 117.49% increase in median value, while Units have seen a 55.82% increase. As at 31 July 2026:
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