With a capital gain of 3.85% for the last 12 months, Panania, 2213 has performed for property investments than its average annual 8.05% property growth over the last 5 years.
Across a shorter period, Panania, 2213 has seen a median price increase of 3.45% over the last quarter.
At number 785th of NSW’s most discounted properties, Panania is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 255 properties changed hands in Panania, which puts it as the 28th most active market in NSW when comparing the number of sales per suburb.
Investment property in Panania has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.11%
Panania,2213 has offered an average of -5.11% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Panania, 2213. Typically our figures indicate that -2.24% is being offered, which puts this NSW suburb at 1407th most discounted overall in Australia.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
The NSW suburb of Panania, 2213 is in the Bankstown local government area.