Panania, NSW
FAIR VALUE7,638 sales · 36 years of data · NSW, Australia
Panania, NSW Property Market Overview
Panania, NSW, 2213, is a well-established suburb in Sydney, offering a mix of housing options. With 36 years of recorded property sales data, AusPropertyInsights.app provides a comprehensive analysis of the local market. The total number of recorded sales in Panania stands at 7,638, reflecting a consistent level of property transactions over time.
The current median property price in Panania (all types) is $1,580,000. This figure breaks down to a median house price of $1,620,000 and a median apartment price of $900,000. Panania's property market showcases a steady growth trajectory, making it a suburb of interest for both homeowners and prospective buyers.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Panania
Top streets in Panania, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Picnic Point Rd | $1,900,000 |
| 2 | Knight Ave | $1,697,500 |
| 3 | Ellesmere St | $1,685,000 |
| 4 | Anderson Ave | $1,736,500 |
... and 223 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Windermere Cres | $5,455/m² |
| 2 | Gorman Ave | $6,026/m² |
| 3 | Douglas St | $5,134/m² |
| 4 | Anderson Ave | $7,854/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Knight Ave | +6.7% |
| 2 | Sandra Ave | +7.0% |
| 3 | Cammarlie St | +7.1% |
| 4 | Clifford St | +6.7% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 169 Horsley Rd | $870,000 |
| 2 | 35 Anderson Ave | $762,500 |
... and 40 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Panania analysis
227 streets and 44 buildings to explore
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Panania at a Glance
Panania, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Panania, NSW
Living in Panania offers a blend of suburban tranquility and convenient access to amenities. The suburb is home to several reputable schools, including Panania Public School and Panania North Public School, making it attractive to families. Panania also benefits from its own train station on the Airport & South Line, providing easy access to Sydney's CBD and other areas.
Residents can enjoy shopping at Panania Shopping Village, which offers a range of retail outlets and services. For outdoor recreation, there are parks such as Marco Reserve and Kelso Park, providing green spaces for leisure activities. The vibe in Panania is generally relaxed and family-friendly, with a strong sense of community. The suburb's character is defined by its well-maintained homes, leafy streets, and convenient access to essential services.
Panania RSL Club is a local hub, offering dining and entertainment options for residents. The suburb's location near the Georges River also provides opportunities for water-based activities and scenic walks.
Who Buys in Panania?
Panania attracts a diverse range of buyers, including families, first home buyers, and downsizers. The availability of houses with gardens appeals to families seeking space and outdoor living. First home buyers may find apartments in Panania more affordable, with a median price of $900,000.
The strata percentage of 8.7% indicates a smaller proportion of apartment ownership compared to houses, suggesting a preference for detached dwellings. The historical CAGR figures of 5.9% (10-year), 6.6% (20-year), and 6.9% (full period) may appeal to buyers seeking long-term capital growth. The suburb's established character and convenient location further enhance its appeal to a broad range of buyers.
Market Analysis
Currently, Panania's property market is assessed to be near its long-term trend, indicating fair value. This assessment is based on our comprehensive analysis of historical price movements and market indicators. Being near its long-term trend suggests that property prices in Panania are neither significantly overvalued nor undervalued, relative to historical performance.
This cycle position means that Panania's property values, as of early 2026, are aligning with their established growth patterns. This stability can be reassuring for those looking to buy or sell in the area, as it reflects a balanced market without extreme fluctuations.
Is Panania a Good Investment?
Panania's consistent historical growth rates suggest a robust property market. The suburb's 10-year CAGR of 5.9%, 20-year CAGR of 6.6%, and full-period CAGR of 6.9% demonstrate its ability to maintain value over time. These growth patterns are influenced by factors such as population growth, infrastructure development, and demand for housing in Sydney.
Currently, Panania's property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices are aligning with their historical performance, without significant overvaluation or undervaluation. The suburb's location, amenities, and community character contribute to its enduring appeal to buyers and renters alike. The mix of housing types and price points also caters to a diverse range of needs and budgets. The enduring demand for property in Panania and its established growth patterns are key factors influencing property values.
Panania Market Outlook
As of early 2026, Panania's property market is assessed to be near its long-term trend, indicating fair value. Recent price trends suggest a stable market, with values aligning with historical growth patterns. The suburb's established infrastructure, amenities, and community character continue to support demand for housing in the area.
While market conditions can change, Panania's consistent performance over the long term provides a degree of stability. The suburb's location within Sydney and its accessibility to transport and employment opportunities further contribute to its resilience.
Streets & Location in Panania, NSW
Panania, postcode 2213, features a variety of residential streets. Among the streets with higher median property prices are PICNIC POINT RD, IRENE ST, and DOUGLAS ST. These streets often offer desirable locations or larger properties, contributing to their higher values.
With a total of 227 streets, Panania offers a wide range of living environments. The suburb's location within Sydney provides access to various amenities and employment opportunities, enhancing its appeal as a residential area.
Market Dynamics
The property market in Panania demonstrates reasonable transaction efficiency. The average settlement time for properties is 59 days, indicating a fairly standard timeframe for completing property sales. This timeframe reflects the typical processes involved in property transactions, including inspections, financing, and legal procedures.
Data on quick-flip percentages is currently unavailable, providing an opportunity for future analysis of short-term investment activities in Panania. The absence of this data does not necessarily indicate a lack of such activity, but rather a gap in current reporting.
Development & Density
Panania features a mix of housing types, with a notable presence of detached houses and a smaller proportion of apartments. The suburb has 44 apartment buildings, contributing to its overall development density. This density reflects Panania's evolution as a residential area within Sydney.
The housing composition in Panania is influenced by factors such as land availability and zoning regulations. While houses remain the dominant property type, the presence of apartment buildings provides options for those seeking more compact living arrangements or investment opportunities.
Growth & Property Mix
Panania's property market has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 5.9%, while the 20-year CAGR is 6.6%. Over the full 36-year period for which data is available, the CAGR is 6.9%. This historical performance highlights the suburb's ability to maintain a steady upward trajectory.
The property mix in Panania includes both houses and apartments, with approximately 8.7% of properties being strata titled apartments. This mix offers diverse options for buyers, catering to different budgets and lifestyle preferences.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.