55 Melrose Street, Mount Pleasant, SA 5235 | Property Value & History | OnTheHouse
OFF MARKET

55 Melrose Street
Mount Pleasant SA 5235

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 292m2
Land area: 3836m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 55 Melrose St, Mount Pleasant

55 Melrose St, Mount Pleasant is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1884. The property has a land size of 3836m2 and floor size of 292m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1884
Floor Size
292m2
Land Size
3836m2
Local Government
Barossa
Lot/Plan
A639/F169578

Last Listing description (October 2015)

This stunningly beautifully, circa 1884 Victorian landmark property has been fully restored with every attention to detail to maintain its integrity and authenticity. It is now a very impressive family home on almost an acre of country garden complete with many different varieties of fruit trees, lawn areas and graceful sweeping boughs. Of Bluestone construction with an elegant return verandah, properties of this age and style are extremely rare. Originally designed and built as the Commercial Bank of South Australia and Managers' Residence, the history of the property can be traced down through various stages of development to the current owners and their vision of its now fully restored perfection. The property is totally unique in this area, with features which are only found in a property of this age.
From the graceful entry, along the wide hallway accessing all the rooms, it is easy to see how much love and attention the owners have poured into this prestigious house making it now an extremely desirable property for anyone who has ever dreamed of owning a piece of South Australia's history. The owners have fitted new cornices, restored delightful open fireplaces, renovated the ceiling roses, new light fittings, a fully renovated bathroom with a new cast-iron bath, brass fittings and a marble topped vanity unit and a second bathroom. The property is currently arrayed as 3 large bedrooms, a formal lounge with an air conditioning unit, formal dining room, a study, also with an air conditioning unit, spacious country-style kitchen large enough for a family dining area and featuring a stainless steel gas stove, a Fisher & Paykel dishwasher and slow combustion heater. Polished Baltic pine floorboards are in most areas and lofty 14 foot ceilings throughout, plus every room is well proportioned making their intended use very interchangeable to suit the new owners' requirements. There is a cellar which is totally dry and would be extremely useful for wine storage and there is clear evidence here of something one would not normally expect in a building of this age and that is a damp course. Outside of the house there is a lovely timber deck with caf blinds for delightful outdoor entertaining, plus a large 12mx6m garage with concrete floor, light and power plus other assorted shedding. Amongst the flora around the property there are camellias, weeping mulberry, cherry, lime, lemon, peach, pomegranate, almond, plum and some amazing big gums. The rear property boundary runs right down to the centre of the river and has direct access to the river bank via a gate.
The friendly township of Mount Pleasant is well-serviced for all facilities, such as doctor, chemist, post office, bank, hospital, butchers and even 2 pubs. The property is only 30 minutes from the Barossa Valley and less than 60 minutes to the heart of the CBD.

Property History for 55 Melrose St, Mount Pleasant, SA 5235

A timeline of how this property has performed in the market
Last Sold
$625,000
16 Sep 2015
  • 16 Sep 2015
    Sold for $625,000
  • 17 Feb 2014
    Listed for Sale $630K-$660K
  • 15 Jan 2014
    Listed for Sale $695,000 - $725,000
Sign in to see more transactions
Commute Calculator

About Mount Pleasant 5235

The size of Mount Pleasant is approximately 111.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Mount Pleasant in 2016 was 1020 people. By 2021 the population was 1058 showing a population growth of 3.7% in the area during that time. The predominant age group in Mount Pleasant is 60-69 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a trades occupation.In 2021, 86.10% of the homes in Mount Pleasant were owner-occupied compared with 81.20% in 2016.

Mount Pleasant has 647 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 99.54% increase in median value, while Units have seen a 74.90% increase. As at 30 November 2025:

  • The median value for Houses in Mount Pleasant is $734,779 while the median value for Units is $430,915.
  • Houses have a median rent of $270.
There are currently 10 properties listed for sale, and no properties listed for rent in Mount pleasant on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Mount pleasant.

Suburb Insights for Mount Pleasant 5235

Market Insights
Mount Pleasant Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Pleasant Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.