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Panania, NSW 2213

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Panania, NSW 2213 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Panania, NSW 2213”

  1. The total adult population (15 years or older) of Panania 2213 NSW is 10,808, with a median age of 38. Of those, 51.72% are married, 10.70% are divorced or separated, 32.62% are single and 4.96% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $9,324. The median monthly mortgage repayment for households in this suburb is $2,600 which is 27.89% of their earnings.

    Source: ABS Census Data (2021)

  2. Home to approximately 5,330 households, the suburb of PANANIA 2213, located in NSW, is displaying some promising features in its housing property market landscape. As of Q3, 2023, the typical price for houses in this locality stands at an attractive $1,286,260 AUD. These properties command a median weekly rent of $621, delivering an indicative yield roughly around 2.51%.

    From a socio-economic standpoint, PANANIA 2213 radiates an advantageous position with an IRSAD score of 1035 out of 1217. This suggests a population that enjoys a considerably high access to economic resources and an above-average standard of living.

    Keeping with favourable trends, its renter to owner ratio of 28% signals a balanced property market landscape, leaning more towards homeowners. Further adding to PANANIA’s appeal is its impressive units to houses ratio of merely 1%, implying a less saturated rental market and potentially longer tenancies.

    However, investors need to be aware of the suburb’s affordability index which stands at 54 years for houses. This may indicate a slightly challenging market regarding home ownership. Nevertheless, the low stock on the market percentage of 0.28% and a constrained inventory level of 1.16 months reflect a favourable reduced supply condition that could induce competitive property prices.

    An average of 27 days on market for PANANIA houses suggests a high demand in the suburb. A potent vacancy rate of 0.9% (both houses and units considered) further supports this high demand narrative. The buy search index for houses concludes at a solid 4, indicating a decent investment interest in the locality.

    While the market is showing some excellent dynamics, investors may want to consider the building approvals ratio for houses at 1.34%. Here, investors need to be wary of any incremental supply that may evolve due to these approvals.

    Collectively, PANANIA 2213 appears advantageous on several fronts but still necessitates a comprehensive analysis of the market’s future behaviour. Investors are encouraged to refer to the provided dashboard for a visual of current trends and the innovative RCS, designed by HtAG Analytics, that simplifies property market research by encompassing over 80 metrics. Remember, even with a few metrics in the unfavourable range, if the majority are favourable, the market can present fruitful opportunities.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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