57 Elsie St, Watermans Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1070m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
ONSITE AUCTION, SATURDAY 23RD AUGUST AT 11:30AM.When an exciting opportunity along the coast presents itself like this, run don't walk. Having been in the same family for 50-odd years, this property is as rare as it is special. Secluded in its position in the coveted "no through" section of Elsie Street, encompassed by a wonderful community of neighbours and the picturesque Star Swamp walking trail entrance only a short stroll away. Meander west and meet the stunning shores of Watermans Bay, bay, your own swimming beach at the end of the street. You truly get the best of both worlds. An original 3 x 1 "beach shack" with mid-century vibes, that has the potential for reinventing to its glory days with a supersized front and rear yard for the whole family to enjoy OR an astute buyer with a vision to make the most of the 1070sqm development potential (STCA). To live in Watermans Bay is to enjoy a lifestyle that you'll find difficult to replicate anywhere else, which is why homes like this don't present themselves often - walk to caf's, restaurants or picnic by the beach, chat with friends at your local shopping precinct, walk along the coastal exercise paths whilst enjoying the fresh, calming ocean air and watch the magical sunsets over the ocean. What is to love about 57 Elsie Street, Watermans Bay: A supersized 1070sqm land holding, with a 20m frontage, R20 zoning. Liveable 3 x 1 original home, offering a great rental return potential. Prime coastal location, within a highly sought-after community. Catchment for Marmion Primary School, Carine Senior High School and nearby to wonderful private schools pending intake conditions. Walking distance to "the bay" of Watermans Bay, playground and BBQ facilities. A short drive to Marmion Village with the recently upgraded Marmion IGA, a vet, pharmacy, physio, bakery, post office and so much more Flora Terrace and it's caf strip and boutique shops nearby. Easily accessible to public transport, Marmion Avenue and other artery roads. A shared bore with your neighbour, allowing for all year-round green lawns and gardens. A stroll to both Ocean Dragon restaurant and the trendy Little Bay cafe, both located at the beach end of Elsie Street. You will love where you live at 57 Elsie Street, Watermans Bay. Auction Particulars: Saturday 23rd August 2025, 11:30am. Deposit of $50,000 to be paid on the day by the successful bidder. 60 day settlement from contract date. Selling "As Is". Disclaimer: This information is provided for general information and marketing purposes only and is based on information provided by the seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries ahead of making an offer.
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 742 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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