Panania (South) - Picnic Point

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 is around 16,663 as of May 2026. This reflects an increase of 669 people since the 2021 Census, which reported a population of 15,994 people. The change is inferred from the estimated resident population of 16,608 in June 2025 and an additional 78 validated new addresses since the Census date. This level of population equates to a density ratio of 2,439 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Panania (South) - Picnic Point's growth rate of 4.2% since census positions it within 1.2 percentage points of the SA3 area's growth rate of 5.4%, demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, contributing approximately 59.1% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population trends suggest a population increase just below the median of national areas, with an expected expansion of 1,179 persons to 2041 based on the latest annual ERP population numbers, reflecting an overall increase of 6.8% over the 16 years.

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

Panania South's Picnic Point averaged 111 dwelling approvals annually over the past five financial years (FY21-FY25), totalling 558 homes. In FY26, up to 98 dwellings have been approved so far.

The average population growth for each dwelling built was 0.8 persons per year from FY21 to FY25. This indicates that new supply is meeting or exceeding demand, providing ample buyer choices and room for future population growth beyond current projections. The average construction cost of new homes was $370,000. Compared to Greater Sydney's average, Panania South - Picnic Point had 24% more development per capita over the five-year period (FY21-FY25), offering reasonable buyer options while maintaining existing property demand. The new developments consisted of 26% detached houses and 74% attached dwellings, reflecting a shift towards denser housing to cater to downsizers, investors, and entry-level buyers.

This trend differs from the area's current housing stock, which is 73% houses, suggesting decreasing developable sites and changing lifestyle needs. With approximately 168 people per dwelling approval, Panania South - Picnic Point exhibits low-density characteristics. By 2041, AreaSearch estimates an increase of 1,124 residents. With current construction levels, housing supply should meet demand adequately, 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 20% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 13 projects likely influencing the region. Notable ones include Panania Library and Knowledge Centre, a three-storey mixed-use development with two commercial tenancies, Canterbury-Bankstown Walking City Project, and Weston Street Affordable Housing. The following list details those most relevant.

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

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The labour market in Panania (South) - Picnic Point shows considerable strength compared to most other Australian regions

Panania South - Picnic Point has an educated workforce with strong professional services representation. Its unemployment rate is 3.0%, lower than Greater Sydney's 4.2%. In December 2025, 9645 residents were employed, with a participation rate of 73.5%.

A notable 50.2% work from home. Leading industries are education & training (1.4 times regional average), health care & social assistance, and construction. Professional & technical services employ only 8.8% locally, below Greater Sydney's 11.5%. Employment opportunities appear limited locally, with working population lower than resident population.

Between December 2024 and 2025, employment grew by 4.9%, labour force by 5.3%, increasing unemployment slightly to 3.7%. National forecasts from Jobs and Skills Australia (May-25) project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections, Panania South - Picnic Point's employment is expected to grow by 6.6% in five years and 13.5% in ten years.

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

According to AreaSearch's aggregation of latest postcode level ATO data released for financial year ending June 2023, Panania (South) - Picnic Point SA2 had a median income among taxpayers of $62,257 and an average income of $75,390. These figures are above the national averages of $60,817 and $83,003 respectively in Greater Sydney. Based on Wage Price Index growth of 10.32% from financial year ending June 2023 to March 2026, estimated median income would be approximately $68,682 and average income $83,170 by the latter date. According to Australian Bureau of Statistics Census data from 2021, incomes in Panania (South) - Picnic Point cluster around the 69th percentile nationally. The largest income segment consists of 4,698 residents earning between $1,500 and $2,999 weekly, comprising 28.2% of the population. A substantial proportion, 34.3%, earns more than $3,000 weekly. Housing costs consume 16.7% of income, but strong earnings place disposable income at the 75th percentile nationally. 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

Panania (South) - Picnic Point's dwelling structure, as per the latest Census, comprised 72.6% houses and 27.3% other dwellings. In comparison, Sydney metro had 55.9% houses and 44.1% other dwellings. Home ownership in Panania (South) - Picnic Point was 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 metro's $2,427. The median weekly rent figure was $480, against Sydney metro's $470. 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 higher-than-average median household size

Family households comprise 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 account for the remaining 21.7%, with lone person households at 20.0% and group households comprising 1.6%. The median household size is 2.9 people, larger than the Greater Sydney average of 2.7.

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

In Panania (South), specifically along the Picnic Point trail, 28.6% of residents aged 15 or above hold university degrees, compared to Greater Sydney's 38.0%. This indicates potential for educational development and skill enhancement in the area. Bachelor degrees are most prevalent at 19.9%, followed by postgraduate qualifications (6.5%) and graduate diplomas (2.2%). Vocational credentials are also prominent, with 33.0% of residents aged 15 or above holding such qualifications - advanced diplomas account for 11.5% while certificates make up 21.5%.

Educational participation is high, with 29.8% of residents currently enrolled in formal education. This includes primary education (10.6%), secondary education (8.6%), and tertiary education (5.1%).

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

Panania (South) - Picnic Point has 100 active transport stops offering a mix of train and bus services. These stops are served by 38 routes, providing 3,330 weekly passenger trips in total. Transport accessibility is rated excellent with residents typically located 150 meters from the nearest stop. Most residents commute outward, with car being the dominant mode at 85%, while train accounts for 9%. The area has an average of 1.5 vehicles per dwelling, higher than the regional average. According to the 2021 Census, 50.2% of residents work from home, which may reflect COVID-19 conditions.

Service frequency averages 475 trips per day across all routes, equating to approximately 33 weekly trips per individual stop.

Panania (South) - Picnic Point's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Panania (South) - Picnic Point shows excellent health outcomes, as per AreaSearch's evaluation of mortality rates and chronic condition prevalence, particularly among younger cohorts who have a very low prevalence of common health conditions. Approximately 57% (~9,431 people) of the total population has private health cover, compared to 59.9% across Greater Sydney.

The most prevalent medical conditions are arthritis (7.5%) and asthma (6.8%), while 73.2% of residents report being completely free from medical ailments, compared to 74.6% in Greater Sydney. Working-age residents exhibit low chronic condition prevalence. The area has 17.9% (2,987 people) of residents aged 65 and over, higher than the 15.5% in Greater Sydney. Health outcomes among seniors are above average but rank lower nationally compared to the broader population.

The level of cultural diversity witnessed in Panania (South) - Picnic Point was found to be above average when compared nationally for a number of language and cultural background related metrics

Panania (South) - Picnic Point had a higher cultural diversity than most nearby areas, with 27.6% of its residents born overseas and 33.1% speaking a language other than English at home. Christianity was the predominant religion in Panania (South) - Picnic Point, accounting for 63.8% of the population, compared to 49.2% across Greater Sydney. The top three ancestry groups were Australian (19.8%), English (19.1%), and Other (11.5%).

Some ethnic groups were notably more represented in Panania (South) - Picnic Point than regionally: Lebanese (5.6% vs 2.6%), Greek (5.2% vs 1.9%), and Macedonian (2.0% vs 0.4%).

Panania (South) - Picnic Point's population aligns closely with national norms in age terms

The median age in Panania (South) - Picnic Point is 39 years, which is higher than Greater Sydney's average of 37 years and close to the national average of 38 years. The 45-54 cohort is notably over-represented at 13.7% locally compared to the Greater Sydney average, while the 25-34 year-olds are under-represented at 10.2%. Post-2021 Census data shows the 15-24 age group has grown from 12.4% to 14.0%, and the 75-84 cohort increased from 4.8% to 6.0%. Conversely, the 5-14 cohort has declined from 14.1% to 13.0%. Population forecasts for 2041 indicate substantial demographic changes for Panania (South) - Picnic Point. The 75-84 group is expected to grow by 46% (460 people), reaching 1,455 from 994. Demographic aging continues as residents aged 65 and older represent 61% of anticipated growth. Meanwhile, the 15-24 and 0-4 cohorts are expected to experience population declines.