502/17 Penny Place, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
 
FOR SALE
$730K-$780K Best Offers By 18th MAY 2:00PM (USP)

502/17 Penny Place
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Stylish 2-Bedroom Apartment with Expansive Outdoor Living

Proudly sitting in the sought-after Penny Place complex, this majestic two-bedroom apartment incorporates thoughtful design and a commitment to high-end fixtures and fittings. If stylish living, combined with an enviably convenient location, are what you're after, this contemporary gem is a solid investment choice.
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.
What we love about this apartment:
* Light-filled open-plan living and dining area, seamlessly connecting to the outdoors
* Impressive full-width balcony/terrace – perfect for entertaining or relaxing
* Modern kitchen with island bench, quality appliances, and ample storage
* Two generously sized bedrooms, both with built-in wardrobes
* Master bedroom with private ensuite for added comfort and convenience
* Second bedroom positioned for privacy – ideal for guests, kids, or a home office
* Well-appointed central bathroom with contemporary finishes
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Property Details for 502/17 Penny Pl, Adelaide

502/17 Penny Pl, Adelaide is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with AC REAL ESTATE.

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Apartment
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,829 properties. Over the last 5 years, Houses in Adelaide have seen a 47.46% increase in median value, while Units have seen a 49.35% increase. As at 30 April 2026:

  • The median value for Houses in Adelaide is $1,267,157 while the median value for Units is $605,534.
  • Houses have a median rent of $665 while Units have a median rent of $620.
There are currently 149 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Adelaide.

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Jacky Wang
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