SOLD
Sold on 28 Aug 2024 for $520,000

505/17 Penny Place
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 84m2
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Property Details for 505/17 Penny Pl, Adelaide

505/17 Penny Pl, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2021. The property has a land size of 84m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
66m2
Land Size
84m2
Local Government
Adelaide
Lot/Plan
F505/C42403

Last Listing description (August 2024)

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:

* Open plan kitchen with ample storage, glass splashback, Caesarstone benchtops featuring Bosch appliances ? Gas Cook Top and Oven and Fisher & Paykel dishwasher drawers.
* Seamlessly blending indoor-outdoor living - enjoy an oversized living and dining space opening to the stunning floor-to-ceiling, large double sliding glass doors, and enjoy your full-width balcony and panoramic views.
* An expansive balcony with space for a sitting area
* Oversized bedrooms feature built-in wardrobes and offer stunning views with direct access to the full-width balcony.
* Full main bathroom with well-thought-out ample recessed storage and an oversized shower.
* European-style laundry

Other features:
- Solar panels
- LED downlights
- 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

INFORMATION:
COUNCIL RATE?$548.55/quarter (approx)
STRATA FEE: $746.54/quarter (approx)
SA WATER SUPPLY: $74.2/quarter (approx)
SA WATER SEWERAGE:$79.5/quarter (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.

Property History for 505/17 Penny Pl, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$520,000
28 Aug 2024
Listed for Rent
$460/w
08 Jun 2021
  • 28 Aug 2024
    Sold for $520,000
  • 23 Apr 2024
    Listed for Sale Contact Agent
  • 24 May 2021
    Listed for Rent $460 / week
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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 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% 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 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,727 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 179 properties listed for sale, and 82 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1053 properties were sold in the past 12 months in Adelaide.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.