The Spotted Gully Shark (Triakis megalopterus) has a late age-at-maturity and a long gestation period that lead to low productivity and vulnerability to overfishing. It is caught extensively in recreational line fisheries and occasionally as a minor bycatch species in beach seine, longline, and trawl fisheries. Recreational fishers typically release this species. Catches of the Spotted Gully Shark in the commercial and recreational line fisheries in False Bay, South Africa peaked in 1990 and declined thereafter. Trend analysis of 21 years of catch-per-unit-effort data from 1996–2017 from the De Hoop Marine Protected Area (MPA), South Africa indicate an increase in population over the past three generation lengths (60 years). Commercial fishing for Spotted Gully Shark is prohibited in South Africa with minimal bycatch of this species and recreational fishing permitted but regulated. Hence, this data from the MPA may approximate the trends of the species in the region. There are currently no data available from other areas, but given an estimated increase in South Africa over the past three generations (60 years), the typical release of this species by recreational fishers, likely low post-release mortality, and mostly low fishing pressure elsewhere, it is suspected that the population trend is stable over the past three generation lengths (60 years) and is not suspected to be close to reaching the population decline threshold. Therefore, the Spotted Gully Shark is assessed as Least Concern.