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, as of August 2025, is approximately 16,439. This figure represents a growth of 445 people since the 2021 Census, which recorded a population of 15,994. The increase is inferred from the ABS estimated resident population of 16,439 in June 2024 and an additional 77 validated new addresses since the Census date. This results in a population density of 2,406 persons per square kilometer, placing it in the upper quartile nationally according to AreaSearch's assessments. The area's growth rate of 2.8% since the census is within 1.2 percentage points of its SA3 area (4.0%), indicating strong growth fundamentals. Overseas migration contributed approximately 61.1% of overall population gains during recent periods, driving the primary growth for the area.

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, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. 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 national median, with the area expected to expand by 1,259 persons to 2041 based on current projections, reflecting a total increase of 7.6% over the 17-year period.

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

Panania South - Picnic Point has averaged approximately 111 new dwelling approvals per year. Development approval data is produced by the Australian Bureau of Statistics on a financial year basis, showing 558 homes over the past five financial years from FY-21 to FY-25, with 12 approved so far in FY-26. On average, around 0.8 people per year have moved to the area for each dwelling built over these five financial years.

This indicates that new supply is keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. New properties are constructed at an average expected cost of $532,000. Comparatively, Panania South - Picnic Point has slightly more development than the Greater Sydney regional average per person over the past five years, preserving reasonable buyer options while sustaining existing property demand. The new development consists of 26.0% detached houses and 74.0% attached dwellings. This trend towards denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers.

This represents a notable shift from the area's existing housing composition, which is currently 73.0% houses, indicating decreasing availability of developable sites and reflecting changing lifestyles and the need for more diverse, affordable housing options. With around 168 people per dwelling approval, Panania South - Picnic Point shows characteristics of a low density area. Population forecasts indicate that the area will gain approximately 1,250 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

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 has identified fifteen projects that could affect this region. Notable ones include Panania Library and Knowledge Centre, a three-storey mixed-use development at Tower Street comprising two commercial spaces and 229 apartments, and the implementation of NSW Low and Mid-Rise Housing Policy. The following list details those likely to be most 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 strongly represented. Its unemployment rate was 2.9% as of June 2025, below Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.4%. A total of 9,561 residents were employed in June 2025 with workforce participation at 60%, matching Greater Sydney's rate. Key employment industries include education & training, health care & social assistance, and construction. Education & training shows notable concentration, with employment levels at 1.4 times the regional average.

However, professional & technical services employ only 8.8% of local workers, below Greater Sydney's 11.5%. Limited local employment opportunities are indicated by Census data comparing working population to resident population. From June 2024 to June 2025, employment levels increased by 2.4%, labour force by 2.7%, resulting in unemployment rising by 0.3 percentage points. Greater Sydney recorded similar trends with employment growth of 2.6% and unemployment rise of 0.3 percentage points. State-level data to Sep-25 shows NSW employment contracted by 0.41%, losing 19,270 jobs, with a state unemployment rate of 4.3%. National forecasts from Jobs and Skills Australia project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these 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, though this is a simplified extrapolation for illustrative purposes only.

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 ATO data released for financial year 2022, Panania (South) - Picnic Point had a median income among taxpayers of $57,164. The average income stood at $70,825, which is above the national average. In Greater Sydney, the median and average incomes were $56,994 and $80,856 respectively. Based on Wage Price Index growth of 10.6% since financial year 2022, current estimates for Panania (South) - Picnic Point would be approximately $63,223 (median) and $78,332 (average) as of March 2025. According to the 2021 Census, household, family, and personal incomes in Panania (South) - Picnic Point cluster around the 69th percentile nationally. The largest income segment comprises 28.2% earning $1,500 - $2,999 weekly, with 4,635 residents falling into this bracket. This pattern is similar to regional levels where 30.9% occupy this range. Higher earners represent a substantial presence in Panania (South) - Picnic Point, with 34.3% exceeding $3,000 weekly. High housing costs consume 16.7% of income, but strong earnings place disposable income at the 75th percentile. 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 per the latest Census evaluation, 72.6% of dwellings were houses, with the remaining 27.3% being semi-detached, apartments, or other types. This contrasts with Sydney metropolitan's figures of 61.5% houses and 38.4% other dwellings. Home ownership in Panania (South) - Picnic Point stood at 36.2%, with mortgaged dwellings at 39.7% and rented ones at 24.1%. The median monthly mortgage repayment was $2,695, higher than Sydney metro's average of $2,240. Median weekly rent in the area was $480, compared to Sydney metro's $425. Nationally, Panania (South) - Picnic Point's median monthly mortgage repayments were significantly higher at $1,863 and rents substantially above the national average 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 make up 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, 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

In Panania (South) - Picnic Point trail's regional benchmarks, 28.6% of residents aged 15+ hold university degrees, compared to 38.0% in Greater Sydney. Bachelor degrees are the most common at 19.9%, followed by postgraduate qualifications at 6.5% and graduate diplomas at 2.2%. Vocational credentials are also prevalent, with 33.0% of residents aged 15+ holding such qualifications - advanced diplomas at 11.5% and certificates at 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 eight schools operating within Panania (South) - Picnic Point, educating approximately 4,168 students. The area has typical Australian school conditions (ICSEA: 1036), with balanced educational opportunities. Education provision is balanced with five primary and three secondary schools serving distinct age groups. Panania (South) - Picnic Point 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

Analysis of public transport in Panania (South) - Picnic Point shows 86 active transport stops operating within the area. These are a mix of train and bus stops serviced by 39 individual routes. Together, they facilitate 2,947 weekly passenger trips.

Residents enjoy excellent transport accessibility, with an average distance of 150 meters to the nearest stop. Service frequency averages 421 trips per day across all routes, equating 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 - Picnic Point shows better-than-average health outcomes, with lower prevalence of common conditions among its general population compared to older, at-risk cohorts nationwide. Approximately 55% (~9,041 people) have private health cover, higher than Greater Sydney's 48.6%.

The most prevalent medical conditions are arthritis (7.5%) and asthma (6.8%), while 73.2% report no medical ailments, compared to 75.8% in Greater Sydney. Residents aged 65 and over comprise 17.5% (2,881 people), higher than Greater Sydney's 15.8%. Health outcomes for seniors require more focus than those of 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's Picnic Point area showed higher cultural diversity than most local markets, with 27.6% of residents born overseas and 33.1% speaking a language other than English at home. Christianity was the predominant religion in Picnic Point, accounting for 63.8% of its population, compared to 46.5% across Greater Sydney as of 2016. In terms of ancestry, Australians made up 19.8%, English 19.1%, and Other 11.5% of Picnic Point's population, which was notably different from regional averages of 14.1%, 11.3%, and 20.1% respectively.

There were also notable differences in the representation of certain ethnic groups: Lebanese at 5.6% (vs regional average of 14.9%), Macedonian at 2.0% (vs 1.7%), and Greek at 5.2% (vs 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, which is higher than Greater Sydney's average of 37 years and close to Australia's national average of 38 years. The 55-64 age group makes up 11.9% of the local population, compared to 10.1% for the 25-34 cohort. According to post-2021 Census data, the 15-24 age group has increased from 12.4% to 13.9%, while the 25-34 cohort has decreased from 11.0% to 10.1%. By 2041, population forecasts indicate significant demographic changes in Panania (South) - Picnic Point. The 75-84 age group is expected to grow by 55% (520 people), reaching 1,466 from 945. Those aged 65 and older are anticipated to represent 64% of the population growth, while the 0-4 and 35-44 cohorts are predicted to experience population declines.