Back 704/17 Penny Place
Off Market

704/17 Penny Place

Adelaide SA 5000

2
1
Apartment
David WangDavid Wang, last sold this property on 22 April 2026 after 50 days on market.

Overview

Positioned on Level 7 of the highly regarded Penny Place development, Apartment 704 offers stylish and low-maintenance living in the vibrant heart of Adelaide CBD. Designed by award-winning architects Woods Bagot and developed by the trusted Flagship Group, the building is known for its quality finishes and contemporary design, delivering a premium inner-city lifestyle. The apartment features a light-filled open-plan living and dining area flowing seamlessly to a private full-width balcony, capturing elevated views towards the Adelaide Hills. A modern kitchen equipped with Bosch appliances and Fisher & Paykel dishwasher drawers combines practicality with sleek design, making everyday living and entertaining effortless. Generous bedrooms with built-in robes and balcony access provide comfortable accommodation, complemented by a stylish bathroom and concealed European laundry. Complete with secure intercom entry and a dedicated car park, this is an outstanding opportunity for investors, professionals or first

Features

2 bedrooms
1 bathroom
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 704/17 Penny Place is $660k.

Median value
$660k
Estimated value range
$310k - $1.49m
Median days on market
30
Estimated value trend
16%
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 704/17 Penny Place

2026
Sold
Undisclosed
Private Sale/Treaty on 22 Apr 2026 by David Wang, of Harcourts St Peters

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, 281 two-bedroom apartments similar to 704/17 Penny Place, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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