Back 504/17 Penny Place
Off Market

504/17 Penny Place

Adelaide SA 5000

2
1
1
Apartment
Richard ChiuRichard Chiu, last sold this property on 09 October 2025 after 86 days on market.

Overview

Perfectly positioned in the heart of Adelaide CBD, this contemporary apartment offers the ultimate in urban living. With dining, shopping, transport, and entertainment all at your doorstep, it's an outstanding opportunity for investors, first-home buyers, or those seeking a stylish city base. Designed by award-winning architects Woods Bagot and developed by the trusted Flagship Group (creators of Kodo), Penny Place delivers quality finishes, functional design, and seamless indoor-outdoor living - all in one of the city's most desirable addresses. Features You'll Like: • Modern open-plan kitchen with Bosch gas cooktop, oven, and Fisher & Paykel dishwasher drawers • Spacious living and dining area opens to a full-width balcony via floor-to-ceiling sliding doors • Expansive balcony with stunning views of the Adelaide Hills • Generous bedrooms with built-in robes and direct access to the balcony • Stylish bathroom with oversized shower and built-in storage • European-st

Features

2 bedrooms
1 bathroom
1 carspace
1 garage 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 504/17 Penny Place is $680k.

Median value
$680k
Estimated value range
$310k - $1.4m
Median days on market
29
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 504/17 Penny Place

2025
Sold
Undisclosed
Private Sale/Treaty on 09 Oct 2025 by Richard Chiu, of Harcourts St Peters
2023
Sold
Undisclosed
19 Jul 2023 by Jacky Wang, of 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 2 bedroom apartments in Adelaide

In the last 12 months, 275 two-bedroom apartments similar to 504/17 Penny Place, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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