Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Adelaide › Penaluna Pl
For sale
For sale
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $449/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Adelaide CityPositioned within the sought-after Victoria Tower Adelaide, Apartment 908 presents a unique opportunity to secure a brand-new city residence with a standout feature rarely found in CBD apartment living - an expansive wraparound balcony that creates an exceptional outdoor extension of the home.
Designed for comfort, convenience and low-maintenance living, the apartment offers a well-considered two-bedroom, two-bathroom floorplan complemented by quality finishes and abundant natural light throughout. The open-plan living and dining area forms the heart of the home, seamlessly connecting to the impressive outdoor space, providing the perfect setting for entertaining guests, enjoying alfresco meals or simply relaxing in the fresh air.
The contemporary kitchen is thoughtfully appointed with stone benchtops, a gas cooktop, quality cabinetry and ample storage, delivering both style and functionality for everyday living.
Both bedrooms are generously sized and fitted with built-in robes, while the master bedroom enjoys the privacy and convenience of its own ensuite. The second bathroom is centrally positioned to accommodate guests or shared living arrangements, making the layout equally appealing to owner-occupiers and investors.
Residents also enjoy exclusive access to the building's Level 9 gymnasium, further enhancing the lifestyle appeal of this outstanding apartment.
Perfectly positioned in the heart of Adelaide CBD, you'll enjoy easy access to Victoria Square, Adelaide Central Market, Chinatown, Gouger Street's renowned dining precinct, Rundle Mall, universities, public transport and Adelaide's thriving business district. Whether you're seeking a stylish city home, a lock-and-leave lifestyle or a quality investment opportunity, Apartment 908 offers a rare combination of modern living and exceptional outdoor space.
Key Features:
- Brand-new apartment in the sought-after Victoria Tower Adelaide
- Rare wraparound balcony providing exceptional outdoor living and entertaining space
- Two spacious bedrooms, both with built-in robes
- Master bedroom complete with private ensuite
- Two modern bathrooms with quality finishes
- Light-filled open-plan living and dining area
- Contemporary kitchen with stone benchtops, gas cooktop and ample storage
- Seamless connection between the living area and expansive outdoor space
- European-style laundry
- Split-system air conditioning
- Secure car park
- Access to residents' gym facilities
- Secure building with lift access
- Ideal for owner-occupiers, professionals, downsizers and investors
Location Highlights
- Situated in the heart of Adelaide CBD
- Short stroll to Victoria Square
- Walking distance to Adelaide Central Market and Chinatown
- Moments from Gouger Street's cafés, restaurants and entertainment precinct
- Excellent access to tram, bus and other public transport services
- Close to universities, TAFE and educational institutions
- Minutes from Rundle Mall and Adelaide's retail precinct
- Strong appeal for city professionals, students and long-term tenants
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
Listing description written by William Fan, Harcourts Adelaide City — reproduced as published, not verified by Districts.