Mount Eba was established by Price Maurice in 1874. At this time it encompassed as area of but was extremely isolated and had uncertain rainfall. Despite the high costs Maurice sank 83 wells of which 36 produced good water. The property was stocked intensively from 1878 to 1880, with numerous improvements, including the construction of buildings and a new woolshed, being completed. In 1879 there were between 80 and 100 men employed at Mount Eba. By 1884 the property was stocked with 18,500 sheep, 750 cattle and 270 horses. By 1901 the lease had been abandoned, like many others in the area, but left under a caretaker. The property encompassed at that time. By 1908 the property occupied an area of approximately and was stocked with 5,000 sheep. By 1914 the lessee was James Gemmel, who had rigged up a motor to his windmills to have sufficient water for his sheep. After World War I, but before 1923, the Jacob brothers acquired Mount Eba. At this time the property was mostly running cattle, but the Jacobs intended to make the move back to sheep. The station by this time incorporated the Boolgunnia and The Twins pastoral leases. In 1939 Grant Matheson was the manager and part-owner. Matheson joined the RAAF during World War II and served as a squadron leader. He still owned the property in 1945. The property suffered a terrible drought from 1940 to 1944, with thousands of sheep dying. By 1947 H.R. Crombie was managing Mount Eba, although its size had been reduced from over to. The property was once a small township when it was owned by the Crombie family in the 1950s. There were dozens of staff for the Woomera Rocket Range, as well as about thirty station-hands, housekeeping staff, and a bookkeeper. The property was acquired in 1979 by the Nitschke family who also owned neighbouring Millers Creek Station. Part of the Millers Creek lease was added in 1994. By 2007 the Prominent Hill mining lease commenced and parts of the station had to be destocked. By 2014 Mount Eba was on the market. At that time it was stocked with 11,000 merino sheep and 300 cattle. Mount Eba was the last property that had been owned by the Nitschkes to be sold. The land occupying the extent of the Mount Eba Station pastoral lease was gazetted as a locality in April 2013 under the name 'Mount Eba'.
