Sydney’s Double Bay Shines as Margaret Drives Steak Capital Status

Margaret in Double Bay has helped cement Sydney’s standing as the leading steak city worldwide, with the restaurant ranked second on the 2025 list of the World’s 101 Best Steak Restaurants.



Global Recognition for Sydney

Sydney was declared the best steak city globally after 11 of its restaurants earned places on the 2025 World’s 101 Best Steak Restaurants list. This result saw Sydney surpass Buenos Aires, which had previously held the title. Margaret in Double Bay was the highest-ranked Sydney venue, taking second place on the list behind Buenos Aires’ Parrilla Don Julio.

World’s 101 Best Steak Restaurants.
Caption: Chef Neil Perry
Photo Credit: Margaret/Instagram

Double Bay’s Role Through Margaret

Margaret in Double Bay has become a key player in Sydney’s steakhouse reputation. The restaurant showcases Australian beef using dry-ageing methods and wood-fired grilling. 

Cuts from respected producers like CopperTree Farms and David Blackmore feature heavily on the menu, reflecting Neil Perry’s focus on provenance and quality. Margaret balances its meat offering with an emphasis on sustainable seafood, creating a produce-driven menu that highlights both land and sea.

Other Leading Sydney Steakhouses

Rockpool Bar & Grill in Sydney placed 12th on the list, known for its self-managed dry-ageing program and wood-charcoal grill. The Grill at The International came in 14th, noted for its oak-fired grill and premium Australian beef. Porteño at 20th, The Gidley at 32nd, AALIA at 36th, Shell House Dining Room & Terrace at 51st, The Cut Bar & Grill at 62nd, 20 Chapel at 93rd, and Bistecca at 99th further strengthened Sydney’s representation.

Margaret Double Bay
Photo Credit: Margaret/Instagram

What Set Sydney Apart

Sydney’s venues were recognised not just for the quality of their beef but for their commitment across service, wine expertise, ambience, and precise cooking techniques. CopperTree Farms, a key supplier, provides beef to 10 of the 11 Sydney restaurants on the list, contributing to a consistent standard.

Looking Ahead



With multiple steakhouses ranking among the world’s best, Sydney, led by Double Bay’s Margaret, has reinforced its place on the global culinary map. The city’s focus on diversity of beef products, skilled preparation and high-quality dining experiences continues to drive demand from local and international diners.

Published 6-July-2025

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