Suburb Profile Report for Panania NSW (2213)

Panania House: Median price $1,023,000, Annual capital growth 8.63%, Number of sales 205, Weekly median advertised rent $592

Panania Unit: Median price $738,000, Annual capital growth 9.47%, Number of sales 31, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 11.14% for the last year, Panania, 2213 is the 1474th highest performer in Australia in this respect.

A 71.07% growth in median value for property investors in Panania,2213 puts this suburb at number 643th in terms of best performing suburbs in NSW

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Panania itself are offering an average vendor discount of -3.93% to real estate investors.

Advertised rents are around the $591.5 mark per week – giving a return of 3.01% based on the median price in Suburb

Investment property in Panania has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.80%

Comparing Panania,2213 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.52%, without taking into account capital value appreciation, which has been averaging out at 9.47%.

Metrics i HOUSE UNIT
$1,023,000 $738,000
2.30% 1.51%
11.14% 17.80%
8.63% 9.47%
$592 $500
205 31
3.01% 3.52%
41.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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