49/55-59 Melbourne Street, North Adelaide, SA 5006 | Property Value & History | OnTheHouse
OFF MARKET

49/55-59 Melbourne Street
North Adelaide SA 5006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 156m2
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Property Details for 49/55-59 Melbourne St, North Adelaide

49/55-59 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 156m2 and floor size of 77m2.

Building Type
Unit
Year Built
1999
Floor Size
77m2
Land Size
156m2
Local Government
Adelaide

Last Listing description (June 2021)

This fabulous, low maintenance apartment, offers an incredible cosmopolitan lifestyle, without breaking the bank.

Offered on a completely walk in, walk out basis, this presents its new owner with a plethora of opportunities. Easy rent, either to Air BnB or long term rental, or perhaps use as a home for relatives to stay when they visit from interstate, or for children who are in Adelaide going to University.

Things we love:

- Fully furnished with quality furniture
- Quality carpet throughout
- Neutral decor including modern blinds & downlights
- 2 bedrooms, master with Built-in Robes
- Ducted Reverse Cycle Air conditioning
- Spacious bathroom with laundry facilities
- Large open plan kitchen/living/dining
- Balcony at front
- Undercover carport
- Secure electric gate at front, with intercom entry
- Pedestrian Entry off MacKinnon Parade
- Fabulous investment opportunity
- Top floor apartment so no foot traffic passing by or neighbours above you

What an exceptional lifestyle this lovely apartment offers. As the new owner, you could stroll the beautiful Melbourne and O'Connell Streets, enjoying the boutiques, restaurants and coffee shops at your disposal. Take advantage of the gorgeous Parklands or Zoo nearby, and never miss a game of footy at Adelaide Oval.

Property History for 49/55-59 Melbourne St, North Adelaide, SA 5006

A timeline of how this property has performed in the market
  • 02 Apr 2021
    Listed for Sale $375000 - $395000
  • 26 Feb 2009
    Listed for Sale $365,000 - $395,000
  • 21 Jan 2006
    Listed for Sale 270000
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. There are 40 parks, covering nearly 57.8% of the 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 4,890 properties. Over the last 5 years, Houses in North Adelaide have seen a 58.55% increase in median value, while Units have seen a 86.85% increase. As at 31 May 2026:

  • The median value for Houses in North Adelaide is $1,664,618 while the median value for Units is $904,969.
  • Houses have a median rent of $710 while Units have a median rent of $600.
There are currently 17 properties listed for sale, and 14 properties listed for rent in North adelaide on OnTheHouse. According to Cotality's data, 342 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.