This Adelaide Hills suburb recorded over 36% growth
According to realestate.com.au, the cost of buying a house in Adelaide has risen by an average of $14,000 a year over the past 25 years. Figures show the median house price across the Adelaide Hills jumped from $111,000 I 1993 to $462,000 in 2018. But we all know this has changed since the pandemic years.
Historically, the Adelaide Hills grew at a 4-5% annual rate, but during 2020-2025, it was 12-20%. As of May 2026, the median house price in Mount Barker is $830,000 – up 16.7% in the past year.
We’ve covered the price growth of suburbs across the Adelaide Hills, including Macclesfield’s massive 30% rise. However, there’s one suburb that has performed even higher than this, hitting a three-year growth of 36.3%.
Mount Pleasant’s median house price is growing faster than Mount Barker
Adelaide Hills’ Mount Pleasant made CoreLogic’s list of the top 10 growth suburbs for houses, coming in at sixth position. The town is uniquely located on the northern end of the Adelaide Hills, close to Barossa and the Murraylands.
The challenge with these smaller towns such as Mount Pleasant is the available stock for buyers. For example, there are 23 recorded sales in Mount Pleasant in the past year versus 633 in Mount Barker. There’s always a balancing act between prices and availability.
As real estate agents, we always advise our clients to look at the towns on the perimeter. In Mount Pleasant’s case, this would be Birdwood, Mount Torrens and Gumeracha. Read our area profiles for Birdwood and Gumeracha, as well as Woodside, Lobethal and Balhannah/Oakbank.
If you want to know the value of your home and suburb, arrange a free appraisal. We recommend doing this at least once a year, even if you’re not planning to sell.
