Suburb Profile Report for Panania NSW (2213)

Panania House: Median price $913,500, Annual capital growth 7.69%, Number of sales 214, Weekly median advertised rent $550

Panania Unit: Median price $652,000, Annual capital growth 7.17%, Number of sales 18, Weekly median advertised rent $468

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.81% for the last year, Panania, 2213 is the 2252th highest performer in Australia in this respect.

A 64.59% growth in median value for property investors in Panania,2213 puts this suburb at number 937th in terms of best performing suburbs in NSW

Property buyers and investors in Panania 2213 should be seeing an average reduction in asking price of around -5.46% . This means that Panania is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 17.83 sales per month, which equates to 214 per year.

Property investors should expect to get $550 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of 3.49% for the last year, Panania, 2213 is the 851th highest performer in Australia in this respect.

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.

Sellers are offering property buyers an average discount of -3.67% to buyers in Panania at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 7.17%, investors should hope to achieve an overall return of 3.73%

HOUSE UNIT
$913,500 $652,000
-0.27% N/A
3.81% 3.49%
7.69% 7.17%
$550 $468
214 18
3.13% 3.73%
56.37 50.08

Source: CoreLogic

DSR Score for property investment : Good (H), 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
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Recent sales & rentals