Panania (South) - Picnic Point
Statistical Area - sa2

Panania (South) - Picnic Point has seen population growth performance typically on par with national averages when looking at short and medium term trends

Panania (South) - Picnic Point's population was around 16,439 as of Aug 2025. This figure reflects an increase since the 2021 Census which reported a population of 15,994 people. The growth of 445 people (2.8%) is inferred from ABS estimated resident population data for June 2024 and validated new addresses since the Census date. This results in a density ratio of 2,406 persons per square kilometer, placing it in the upper quartile nationally according to AreaSearch's assessment. The area's growth rate of 2.8% since the census is within 1.2 percentage points of its SA3 area's rate of 4.0%. Overseas migration contributed approximately 61.1% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a base year of 2021 are used. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Future population trends indicate an increase just below the median of national areas, with the area expected to expand by 1,259 persons to 2041 based on the latest population numbers, reflecting an overall increase of 7.6% over the 17 years.

Recent residential development output has been above average within Panania (South) - Picnic Point when compared nationally

Panania South's Picnic Point averaged 111 new dwelling approvals annually from FY21 to FY25. During this period, 558 homes were approved, with an additional 20 approved in FY26.

Each year, approximately 0.8 people moved to the area for each dwelling built between FY21 and FY25, indicating that new supply met or exceeded demand. The average construction value of these dwellings was $532,000. Comparing Panania South's Picnic Point with Greater Sydney, it had a 24% higher development rate per person over the five-year period, ensuring reasonable buyer options while sustaining property demand. New developments consisted of 26% detached houses and 74% attached dwellings, providing affordable entry points for downsizers, investors, and first-time buyers. This shift from the area's existing housing composition (currently 73% houses) suggests decreasing developable sites and changing lifestyle preferences.

With around 168 people per dwelling approval, Picnic Point is considered a low-density area. By 2041, Panania South's Picnic Point is projected to grow by 1,250 residents. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth beyond current forecasts.

Panania (South) - Picnic Point has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 13 projects that could affect this region. Notable projects include Panania Library and Knowledge Centre, a three-storey mixed-use development at Tower Street with two commercial tenancies, 229 Tower Street Apartments, and the Canterbury-Bankstown Walking City Project. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

The employment environment in Panania (South) - Picnic Point shows above-average strength when compared nationally

Panania South - Picnic Point has a well-educated workforce with professional services being strongly represented. Its unemployment rate is 2.9%, lower than Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.4%. As of June 2025, 9,561 residents are employed, with an unemployment rate of 1.3% below Greater Sydney's rate and workforce participation on par with Greater Sydney's 60.0%. Leading employment industries among residents include education & training, health care & social assistance, and construction. Notably, education & training has employment levels at 1.4 times the regional average.

However, professional & technical services employ only 8.8% of local workers, compared to Greater Sydney's 11.5%. The area appears to offer limited local employment opportunities, as indicated by the ratio of Census working population to resident population. Between June 2024 and June 2025, employment levels increased by 2.4%, labour force grew by 2.7%, leading to a rise in unemployment rate by 0.3 percentage points. Compared to Greater Sydney's figures for the same period, Panania South - Picnic Point had similar employment growth (2.6%) but slightly lower labour force growth (2.9%). State-level data from Sep-25 shows NSW employment contracted by 0.41% (-19,270 jobs), with a state unemployment rate of 4.3%, compared to the national unemployment rate of 4.5%. Jobs and Skills Australia's May 2025 projections forecast national employment growth of 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Panania South - Picnic Point's employment mix suggests local growth of approximately 6.6%% over five years and 13.5% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's aggregation of latest postcode level ATO data released for financial year 2022 shows Panania (South) - Picnic Point had a median income among taxpayers of $57,164 and an average level of $70,825. This is above the national average of $56,994 and Greater Sydney's average of $80,856. Based on Wage Price Index growth of 10.6% since financial year 2022, current estimates would be approximately $63,223 (median) and $78,332 (average) as of March 2025. According to 2021 Census figures, household, family and personal incomes in Panania (South) - Picnic Point cluster around the 69th percentile nationally. Income brackets indicate that 28.2% earn $1,500 - 2,999 weekly (4,635 residents), reflecting regional patterns where 30.9% similarly occupy this range. Higher earners represent a substantial presence with 34.3% exceeding $3,000 weekly, indicating strong purchasing power within the community. High housing costs consume 16.7% of income, though strong earnings still place disposable income at the 75th percentile and the area's SEIFA income ranking places it in the 7th decile.

Panania (South) - Picnic Point is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Panania (South) - Picnic Point, as recorded in the latest Census, 72.6% of dwellings were houses while 27.3% consisted of semi-detached homes, apartments, and other types. This contrasts with Sydney metropolitan areas where 61.5% of dwellings are houses and 38.4% fall into the 'other' category. In Panania (South) - Picnic Point, home ownership stood at 36.2%, with mortgaged dwellings at 39.7% and rented ones at 24.1%. The median monthly mortgage repayment in the area was $2,695 compared to Sydney's average of $2,240. Weekly rent, meanwhile, averaged $480 compared to Sydney's $425. Nationally, Panania (South) - Picnic Point's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Panania (South) - Picnic Point features high concentrations of family households, with a lower-than-average median household size

Family households account for 78.3% of all households, including 43.1% couples with children, 22.9% couples without children, and 11.3% single parent families. Non-family households constitute the remaining 21.7%, with lone person households at 20.0% and group households comprising 1.6% of the total. The median household size is 2.9 people, which is smaller than the Greater Sydney average of 3.1.

Panania (South) - Picnic Point performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

Educational qualifications in Panania (South), specifically along the Picnic Point trail, show that 28.6% of residents aged 15 and above have university degrees, compared to 38.0% in Greater Sydney. This difference indicates potential for educational growth and skill enhancement. Bachelor degrees are most common at 19.9%, followed by postgraduate qualifications (6.5%) and graduate diplomas (2.2%). Vocational credentials are also prevalent, with 33.0% of residents aged 15 and above holding such qualifications – advanced diplomas account for 11.5% and certificates for 21.5%.

Educational participation is high, with 29.8% of residents currently enrolled in formal education. This includes 10.6% in primary education, 8.6% in secondary education, and 5.1% pursuing tertiary education. There are 8 schools operating within Panania (South) - Picnic Point, educating approximately 4,168 students, with typical Australian school conditions (ICSEA: 1036) offering balanced educational opportunities. The area has a balance of 5 primary and 3 secondary schools serving distinct age groups. It functions as an education hub with 25.4 school places per 100 residents, significantly above the regional average of 16.8, attracting students from surrounding communities.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Panania (South) - Picnic Point has 86 active public transport stops. These are a mix of train and bus services. There are 39 individual routes operating in total, providing 2,947 weekly passenger trips combined.

The accessibility to these stops is rated excellent, with residents typically located within 150 meters of the nearest one. On average, there are 421 trips per day across all routes, which equates to approximately 34 weekly trips per individual stop.

The level of general health in Panania (South) - Picnic Point is notably higher than the national average with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Panania South's Picnic Point shows better-than-average health results. Common health conditions' prevalence is low among its general population and closer to national averages for older, at-risk groups.

Private health cover rate is very high, at about 55% of the total population (around 9,041 people), compared to Greater Sydney's 48.6%. The most prevalent medical conditions are arthritis and asthma, affecting 7.5 and 6.8% of residents respectively. About 73.2% report being entirely free of medical ailments, compared to Greater Sydney's 75.8%. The area has 17.5% of residents aged 65 or over (2,881 people), higher than Greater Sydney's 15.8%. Health outcomes among seniors require more attention than those in the broader population.

Panania (South) - Picnic Point was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Panania (South) - Picnic Point had a higher level of cultural diversity than most nearby areas, with 27.6% of its population born overseas and 33.1% speaking a language other than English at home. Christianity was the predominant religion in Panania (South) - Picnic Point, making up 63.8% of the population, compared to 46.5% across Greater Sydney. The top three ancestry groups were Australian (19.8%, higher than the regional average of 14.1%), English (19.1%, higher than the regional average of 11.3%), and Other (11.5%, lower than the regional average of 20.1%).

Notably, Lebanese ethnicity was overrepresented at 5.6% in Panania (South) - Picnic Point compared to 14.9% regionally, while Macedonian was at 2.0% versus 1.7% and Greek at 5.2% compared to 3.4%.

Panania (South) - Picnic Point's population is slightly older than the national pattern

The median age in Panania (South) - Picnic Point is 39 years, slightly higher than Greater Sydney's average of 37 years and close to the national average of 38 years. The 55-64 age group is notably over-represented at 11.9% locally compared to the Greater Sydney average, while the 25-34 year-olds are under-represented at 10.1%. According to post-2021 Census data, the 15-24 age group has grown from 12.4% to 13.9%, while the 25-34 cohort has declined from 11.0% to 10.1%. By 2041, population forecasts indicate significant demographic changes for Panania (South) - Picnic Point. The 75-84 age group is expected to grow by 55%, reaching 1,466 people from 945. Residents aged 65 and older will represent 64% of the anticipated growth. Conversely, the 0-4 and 35-44 age groups are expected to experience population declines.