Panania Suburb Profile

New South Wales 2213

Panania has 5,318 properties. Over the last 5 years, Houses in Panania have seen a 69.10% increase in median value, while Units have seen a 36.52% increase. As at 31 October 2024:

• The median value for Houses in Panania is $1,518,075 while the median value for Units is $953,634.
• Houses have a median rent of $810 while Units have a median rent of $610.

The size of Panania is approximately 4.7 square kilometres. It has 21 parks covering nearly 15.8% of total area. The population of Panania in 2011 was 11,489 people. By 2016 the population was 12,428 showing a population growth of 8.2% in the area during that time. The predominant age group in Panania is 40-49 years. Households in Panania are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panania work in a professional occupation. In 2011, 72.6% of the homes in Panania were owner-occupied compared with 69.7% in 2016.