About this property
Also written as Unit 1, 16-20 Penny Place.
Adelaide SA 5000, Australia
Also written as Unit 1, 16-20 Penny Place.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
1/16 Penny Place is a unit, offering apartment‑style living within the city
The unit is just 0.1‑0.2 km from several key sites, including Cunningham Memorial Chapel, the Australian Water Quality Centre, the Magistrates Court of South Australia, St Francis Xavier's Cathedral, the Adelaide Holocaust Museum, and the Three Rivers Fountain on Victoria Square
Adelaide Metro provides extensive bus, train and tram services throughout the city, giving residents easy access to the broader metropolitan area
Adelaide enjoys a hot‑summer Mediterranean climate, with hot, dry summers and cool, moderately rainy winters
Adelaide consistently appears among the world’s most liveable cities, ranking third globally in 2021 and remaining in the top‑ten in subsequent years
The city hosts a vibrant calendar including the Adelaide Festival, Adelaide Fringe, WOMADelaide, and the Adelaide Fringe, all within easy reach of the unit
Within a short stroll are cultural venues such as the Adelaide Holocaust Museum and the Three Rivers Fountain, while the city centre also features libraries, galleries and university campuses that enrich the local community
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