With the Opera House as its centrepiece, it follows that this neighbourhood is the centre of Sydney's performing-arts scene. Most of the big companies are based here, taking advantage of the area's seven world-class stages. The ratio of theatre luvvies and dance bunnies to the general population is higher in Walsh Bay (home to four major companies and two excellent theatre complexes) than anywhere else in the city. If you're keen to spot famous thespians, there are few better locales.