Suburb Profile Report for Panania NSW (2213)

Panania House: Median price $1,006,500, Annual capital growth 8.48%, Number of sales 233, Weekly median advertised rent $580

Panania Unit: Median price $738,000, Annual capital growth 9.17%, Number of sales 32, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Panania, 2213 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.60%

Taking the average capital gain, or increase in median house value, Panania,2213 has racked up an average of 10.60% over the period. This ranks it number 985th in the whole country for real estate investors looking at median house price increases.

Panania, 2213 is offering NSW ‘s 995th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

Renters in Suburb are facing rents around $6960 per annum or $580 every week.

Property value increases in Panania have tracked higher than the NSW average of 8.63% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Panania has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Panania are currently offering property investors an average price cut of -2.45% below the asking price at the moment.

Residents and property investors in Panania have been waiting around 18.93 days to sell a property.

Panania is 420th on a list of best yielding suburbs for rents in NSW with a 3.52% return

Metrics i HOUSE UNIT
$1,006,500 $738,000
2.70% 3.07%
10.60% 19.22%
8.48% 9.17%
$580 $500
233 32
3.00% 3.52%
47.32 18.93

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 11489
Median household income ($/weekly) 1347
Median age of persons 37
Median housing loan repayment ($/monthly) 2200
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1524 13.3
    25-34 years 1439 12.5
    35-44 years 1643 14.3
    45-54 years 1595 13.9
    55-64 years 1264 11.0
    Others 4023 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 4553 52.4
    Not Married 3702 42.6
    Defacto Relationship 426 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 8364 76.6
    Malaysia 240 2.2
    United Kingdom 263 2.4
    Viet Nam 275 2.5
    Other 401 3.7
    Others 1380 12.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 374 3.5
    Christianity 8378 77.6
    Hinduism 146 1.4
    Islam 589 5.5
    No Religion 1259 11.7
    Others 54 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 355 9.9
    $600-$799 313 8.7
    $1,500-$1,999 466 13.0
    $2,000-$2,499 377 10.5
    $2,500-$2,999 308 8.6
    Others 1763 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3471 39.8
    Not in the labour force 3213 36.8
    Employed, worked part-time 1478 16.9
    Employed, away from work 315 3.6
    Unemployed, looking for work 247 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 569 10.8
    Professionals 1053 20.0
    Technicians & trades workers 780 14.8
    Community & personal service workers 465 8.8
    Clerical & administrative workers 1098 20.9
    Others 1301 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 223 8.2
    Infants/Primary 957 35.0
    Secondary 793 29.0
    Technical or Further Educational Institution 268 9.8
    University or other Tertiary Institutions 430 15.7
    Others 65 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9044 81.4
    Semi-detached, row or terrace house, townhouse 1884 16.9
    Flat, unit or apartment 153 1.4
    House or flat attached to a shop, office 36 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1468 37.6
    Being purchased 1429 36.6
    Rented 994 25.4
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals