Neil Perry’s Margaret Named Second-Best Steak Restaurant Globally

Margaret in Double Bay has secured the second spot on the World’s 101 Best Steak Restaurants list.



Global Recognition for Local Venue

Margaret, Neil Perry’s Double Bay restaurant, has climbed from third to second place in the latest rankings by The World’s 101 Best Steak Restaurants. The announcement places Margaret among the top international venues for steak, recognising its consistent commitment to high-quality local produce and technique.

World’s 101 Best Steak Restaurants
Photo Credit: Margaret/Instagram

Background and Philosophy

Opened in Double Bay, Margaret was named after Mr Perry’s late mother, whose legacy as a family matriarch inspired the restaurant’s CARE philosophy—focusing on respect for suppliers, staff, community, and the environment. This ethos reflects Mr Perry’s broader career in Australian hospitality, which spans more than 40 years and includes founding Rockpool, Spice Temple, Rosetta, and now Margaret.

The venue is positioned as a neighbourhood restaurant that brings together premium Australian ingredients in a setting focused on comfort, generosity, and a welcoming experience. Seafood is a key feature of the menu, with dishes rotated regularly based on fresh, seasonal availability from trusted suppliers.

Neil Perry
Photo Credit: Margaret/Instagram

Celebrating Australian Produce

The menu at Margaret features locally raised beef, Australian-caught seafood, and produce supplied by small-scale growers. Popular dishes include CopperTree Farms beef fillet with red curry butter, rotisserie Sommerlad chicken, Tasmanian trumpeter, and seasonal vegetable pies. Menus are updated daily to reflect changes in supply and quality.

The sample set menus range from $140 to $190 per person and feature items such as tuna tartare with gochujang, Sydney rock oysters, and desserts like mascarpone trifle or flourless chocolate cake. A canapé menu is also offered for event bookings.

Margaret Double Bay
Photo Credit: Margaret/Instagram

Double Bay Dining Destination

Margaret operates in the heart of Double Bay and is supported by Mr Perry’s family, including his wife and daughters. The venue includes private event options, with full venue hire for up to 110 guests and a semi-private space for smaller gatherings. These offerings support a wide range of gatherings, including weddings, birthdays, homecomings, and corporate functions.

Broader Sydney Recognition



Margaret was one of 11 Sydney restaurants included in the 2025 edition of The World’s 101 Best Steak Restaurants, reinforcing Sydney’s growing international reputation for premium dining. Mr Perry expressed appreciation for the recognition, highlighting the team’s effort and ongoing commitment to quality.

Published 8-May-2025