Move over New York and Buenos Aires – Sydney has claimed a top spot on the global culinary map.
Margaret, the upscale Double Bay restaurant helmed by legendary Australian chef Neil Perry, has just been named the second best steak restaurant in the world by The World’s 101 Best Steak Restaurants.
Climbing from third place last year, Margaret has now edged even closer to the pinnacle of steakhouse perfection.
The annual ranking, determined by a dedicated team of ‘steak scouts,’ scores venues on the quality of their meat – marbling, cut, preparation, taste – as well as the diversity of cuts, provenance, service, wine list and overall dining experience.
Nestled in Sydney’s eastern suburbs, Margaret isn’t your average steakhouse.
Located at 30–36 Bay St, Double Bay, the restaurant balances fine-dining sophistication with the warmth of a neighbourhood local.
The restaurant is named after Perry’s late mother, Margaret, who inspired his ‘CARE’ philosophy – caring for suppliers, community, team and the environment.
While seafood plays a starring role on the menu, it’s the steak that’s earned this spot on the world stage.
Margaret, the upscale Double Bay restaurant helmed by legendary Australian chef Neil Perry, has just been named the second best steak restaurant in the world by The World’s 101 Best Steak Restaurant
A menu standout is the CopperTree steak tartare with charred pepper paste, Dashi Shoyu and potato crisps ($32) – a dish that captures the restaurant’s blend of precision, bold flavour and local produce
Located at 30–36 Bay St, Double Bay, the restaurant balances fine-dining sophistication with the warmth of a neighbourhood local
One standout is the CopperTree steak tartare with charred pepper paste, Dashi Shoyu and potato crisps ($32) – a dish that captures the restaurant’s blend of precision, bold flavour and local produce.
Perry, whose name is synonymous with Australian hospitality, said of the venue: ‘Margaret is a neighbourhood restaurant, but it’s also evolved into something more than that. At its core, it’s about comfort, generosity and cosiness.’
And guests agree – from special anniversaries to casual lunches, diners rave about the flawless service, exceptional steak and dreamy coastal atmosphere.
One patron wrote: ‘We had the wagyu steak M9, perfectly tender!’
Another gushed: ‘Fabulous summer nights are best spent in amazing spaces – Margaret at Double Bay is such. Amazing views, stunning space and a sense that you’re about to be spoiled.’
The restaurant’s wine list is also earning praise, with offerings to impress even the most discerning connoisseurs.
Combined with attentive staff and a menu that changes daily to reflect the best of Australia’s seasonal produce, Margaret has become a must-visit destination – not just for locals, but for steak lovers around the world.
With its seamless mix of luxury, heart, and high-end hospitality, it’s no wonder Margaret is now the second best steak restaurant in the world – and rising.
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