Neil Perry’s swish, cream-accented Double Bay restaurant Margaret is officially the second-best steak restaurant in the world. Known for celebrating the best of the land and sea, Margaret sees Perry and his team serve premium beef from local Aussie farmers – cooked beautifully and delivered without pretense – in a dining room plucked from your mum’s dreams.
Overnight, The World's 101 Best Steak Restaurants – a global authority on the finest places to eat steak – released its top 10 best steak restaurants, with Margaret nabbing second spot (up from third place last year).
“We’re absolutely thrilled that Margaret has been named one of the best steak restaurants in the world,” says Neil Perry.
“For our family-run restaurant to receive this recognition is an incredible honour. It’s a testament to the passion we’ve poured into our meat program — from working with exceptional producers like Blackmore Wagyu and CopperTree Farms to ensuring every cut served is perfectly dry-aged and cooked."
“It’s also fantastic to see 17 Australian restaurants featured on the list this year, a reflection of the outstanding quality of our beef producers,” he says.
Excitingly, 11 Sydney venues made the list, with Rockpool Bar & Grill in 12th place, followed by The Grill at The International (14th); Firedoor (16th), Porteño (20th); The Gidley (32nd), Aalia (36th); Shell House (51st), The Cut Bar & Grill (62nd), 20 Chapel (93rd), and Bistecca (99th).
Melbourne also scored big, with six restaurants making the cut: Victor Churchill (18th), Steer Dining Room (37th), Gimlet (45th), Matilda 159 Domain (57th), Meatmaiden (91st), and Grill Americano (92nd).
Buenos Aires steakhouse Don Julio retained its claim as the best steakhouse in the world for 2025. I was lucky enough to dine at Don Julio twice in one week back in 2018. I remember drinking complimentary Champagne standing outside while we waited for our table. I remember the chefs butchering incredible cuts of beef right in front of our eyes. And I remember sitting down at around midnight to one of the most memorable meals of my life – albeit a bit tipsy.
The World's 101 Best Steak Restaurants aims to celebrate and spotlight the globe’s finest steak restaurants annually. Throughout the year, a team of steak experts visits the world’s best venues, giving points based on meat quality – including marbling, cut, preparation and taste – as well as the diversity of cuts and origins, plus service, wine list and general vibe.
The top 10 best steak restaurants in the world are:
- Don Julio, Buenos Aires, Argentina
- Margaret, Sydney, Australia
- Laia, Hondarribia, Spain
- I Due Cippi, Saturnia, Italy
- Burnt Ends, Singapore
- Bodega El Capricho, Jiménez de Jamuz, Spain
- Casa Julián de Tolosa, Tolosa, Spain
- Lana, Madrid, Spain
- AG, Stockholm, Sweden
- COTE, New York, USA
See the full list here. And congrats to all the winners! Now it’s time to revisit Margaret – good luck to us all on getting a booking.
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