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Back 1201/17 Penny Place
Off Market

1201/17 Penny Place

Adelaide SA 5000

1
1
81 m²
Apartment
Last sold for $555,000
Victoria WangVictoria Wang, last sold this property on 15 March 2026 after 18 days on market.

Overview

Boutique Style, Effortless Living

With the heart of Adelaide City literally at your doorstep, this premium city-central location of this smart lifestyle abode raises the stakes with the choice of restaurants and nightlife readily on hand. Designed by Woods Bagot and developed by the team who delivered Kodo, Flagship Group, Penny Place is the ideal development for owner-occupiers and savvy investors. Apartment Highlights: * Seamless indoor–outdoor flow from both the living area and bedroom to the expansive balcony * Generous private balcony, ideal for outdoor entertaining or relaxing * Panoramic hill views capturing the true essence of Adelaide living * Light-filled open-plan living and dining zone designed for comfort and functionality * Modern kitchen with ample storage, and quality appliances including Bosch gas cooktop & oven and Fisher & Paykel dishwasher * Comfortable bedroom featuring a built-in robe, balcony and easy access to the bathroom * Full main bathroom with well-thought-out ample recessed storage and an oversized shower. * European laundry facilities * Thoughtfully planned layout maximising space, light, and functionality * Ideal opportunity for first-home buyers, downsizers, or savvy investors Other features: - Solar panels - LED downlights - A resident lounge and kitchen opening on the ground floor level, providing a versatile space for gatherings or community activities. - Bedrooms with carpeting for extra coziness, and living areas with tiled floors - Air conditioning in the living area and bedrooms - Secure intercom system and FOB access - Walk to Adelaide University and the University of South Australia - Zoned Adelaide High School and Adelaide Botanic High School - Ideal investment, first home, city-based downsizer, small family home PP1201 INFORMATION: COUNCIL RATE：$520.15/quarter (approx) STRATA FEE: $724.29/quarter (approx) SA WATER SUPPLY: $82.3/quarter (approx) SA WATER SEWERAGE:$94/quarter (approx) Emergency Services Levy: $125.45/annual (approx) Year Built: 2021 RLA: 272 867 *Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions – including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.

Features

1 bedroom
1 bathroom
81 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 1201/17 Penny Place is $470k.

Median value
$470k
Estimated value range
$131.5k - $650k
Median days on market
29
Estimated value trend
13%
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 1201/17 Penny Place

2026
Sold
$555,000
15 Mar 2026 by Victoria Wang, of AC Real Estate
2022
Rented
Undisclosed
Leased on 16 Feb 2022 by AC 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 30 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 1201/17 Penny Place, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Cynthia Sajkunovic

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Rhys Digance

Rhys Digance is an award winning recommended agent for Adelaide.  They have 4 local sales and collected 3 local reviews across the last 12 months.

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