Investment property in Panania has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.02%
While Panania,2213 ranked number 918th in NSW for increase in median house value (annualised) increase, it is ranked 294th over the last 5 years.
Panania2213 is located in NSW which offers an average discount of -5.52% to property investors. Panania itself is showing figures that indicate -5.41% is the average achievable by property buyers investing in the suburb.
Over the last year, property investments in Panania, 2213 have given investors a capital gain of 8.73%. This compares averagely with the 8.14% for NSW as a whole.
Over the longer term, Panania has seen property prices show investors a 34.58% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Panania is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 325th in terms of most discounted suburbs in NSW
The NSW suburb of Panania, 2213 is in the Bankstown local government area.