2/55 Melbourne Street, North Adelaide, SA 5006 | Property Value & History | OnTheHouse
OFF MARKET

2/55 Melbourne Street
North Adelaide SA 5006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 101m2
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Property Details for 2/55 Melbourne St, North Adelaide

2/55 Melbourne St, North Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 101m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1999
Floor Size
74m2
Land Size
101m2
Local Government
Adelaide
Lot/Plan
U2/S14351

Last Listing description (May 2026)

This charming apartment offers a perfect blend of comfort and convenience perfectly positioned along vibrant Melbourne Street. Enjoy a cosmopolitan lifestyle surrounded by cafes, restaurants, boutiques and entertainment.

The stunning Adelaide Parklands & River Torrens. Adelaide Oval, the CBD, Universities and the Botanic Gardens are all within easy reach by foot, bicycle or public transport.


Tucked away at the rear of a secure complex, the apartment's entrance opens into a light-filled open-plan living and dining area. The all white functional kitchen overlooks the living area and includes oven and cook top and fridge equipped with everything you need to prepare your favorite meals, making it a joy to cook and entertain.

The bathroom tastefully showcases modern simplicity, featuring a full-size bathtub, and a cleverly integrated European laundry.

Both bedrooms are spacious and filled with natural light, each offering delightful courtyard views. The main bedroom includes a built-in robe, and direct access to the courtyard.
This private outdoor area is a secluded private space ideal for alfresco entertaining.

Security and convenience are key features of this residence, with gated access from Melbourne Street, an intercom system and a secure allocated carport conveniently located adjacent to the apartment.

Offering an unbeatable lifestyle and exceptional connectivity, this apartment will appeal to a wide range of buyers. Investors will appreciate the strong demand in this sought-after area, while first home buyers will find an affordable opportunity to secure a foothold in one of Adelaide's most desirable suburbs. Also ideal for down-sizers with low-maintenance living and easy access to transport, Parklands and the vibrant energy of North Adelaide.

Key Features

• Light-filled open-plan living and dining area with timber-look flooring throughout
• Functional kitchen with under-bench oven, & ample storage
• Two spacious bedrooms both with courtyard views & main with built-in robe
• Good bathroom with cleverly integrated European laundry and full bath
• Private courtyard
• Secure gated complex with intercom & allocated carport
• Prime location: direct access to cosmopolitan Melbourne Street & Adelaide Parklands

Specifications:
CT / Volume 5710 Folio 332
Council / Adelaide
Zoning / City Living / MHI
Built / 1999
Internal / 79 m2 (approx)
Council Rates / TBA pa (approx)
SA Water (Supply & Sewerage) / $183 pq (approx)
ESL / 553 pa (approx)
Strata Sinking Fund / $233 pq (approx)
Strata Admin Fund / $856 pq (approx)

Nearby Schools / North Adelaide P.S, Adelaide Botanic H.S, Adelaide H.S



Property History for 2/55 Melbourne St, North Adelaide, SA 5006

A timeline of how this property has performed in the market
Last Sold
$407,000
23 Mar 2017
Listed for Rent
$520/w
28 Mar 2024
  • 01 May 2026
    Listed for Sale $690,000 - $710,000
  • 28 Mar 2024
    Listed for Rent $520 / week
  • 09 Sep 2022
    Listed for Rent - Price not available
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation.In 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.

North Adelaide has 4,887 properties. Over the last 5 years, Houses in North Adelaide have seen a 60.44% increase in median value, while Units have seen a 92.65% increase. As at 30 April 2026:

  • The median value for Houses in North Adelaide is $1,701,238 while the median value for Units is $914,050.
  • Houses have a median rent of $725 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 15 properties listed for rent in North adelaide on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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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.