Back 1002/17 Penny Place
Off Market

1002/17 Penny Place

Adelaide SA 5000

2
2
1
Apartment
Ian WangIan Wang, last sold this property on 12 February 2026 after 69 days on market.

Overview

2 Bed 2 Bath City Apartment with Carpark

Penny Place – a collection of smart, stylish apartments designed for urban living. Located in the heart of the CBD, these spacious apartments have been created to make inner-city living stress-free and simple. With generous balconies, uninterrupted views, and thoughtfully integrated finishes offering residents a rare, seamless indoor-outdoor living experience – no detail has been overlooked. Live in Adelaide's best location, surrounded by everything this thriving city has to offer. Whether you'd rather go for a walk or take the free tram around the CBD, Adelaide's best shops, restaurants, schools, and universities are all within short reach. What we love about this apartment? * Bosch oven & gas cooktop * Fisher & Paykel double DishDrawer * Caesar stone for bench-tops * Air conditioning in the Living room and Bedrooms * Separate laundry room * Carpet to bedrooms and tile to living areas * A huge balcony with panoramic views across the city * Feature LED – energy-saving lights Currently tenanted at $800 per week. Tenant prefers to stay until mid-March 2026. Council rate: $584 per quarter (approx.) Strata fee: $857 per quarter (approx.) Disclaimer - The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice. RLA 255949

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 1002/17 Penny Place is $663k.

Median value
$663k
Estimated value range
$310k - $1.49m
Median days on market
30
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1002/17 Penny Place

2026
Sold
Undisclosed
12 Feb 2026 by Ian Wang, of Korn Real Estate
2023
Rented
Undisclosed
Leased on 15 Jan 2023 by Korn Real Estate
2021
Sold
Undisclosed
31 May 2021 by Korn Wang, of Korn Real Estate

Happy sellers in Adelaide

93%
93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom apartments in Adelaide

In the last 12 months, 278 two-bedroom apartments similar to 1002/17 Penny Place, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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