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 16,437 as of Nov 2025. This reflects an increase of 443 people since the 2021 Census, which reported a population of 15,994 people. The change is inferred from the estimated resident population of 16,435 from the ABS as of June 2024 and an additional 78 validated new addresses since the Census date. This level of population equates to a density ratio of 2,406 persons per square kilometer. Panania (South) - Picnic Point's growth rate of 2.8% since census positions it within 1.3 percentage points of the SA3 area's growth rate of 4.1%. Population growth was primarily driven by overseas migration contributing approximately 61.1% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as 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 are applied to all areas for years 2032 to 2041. Future population trends expect an increase just below the median of national areas, with the area expected to expand by 1,259 persons to 2041 based on latest annual ERP population numbers, reflecting a total 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 - Picnic Point has averaged approximately 111 new dwelling approvals annually over the past five financial years, with a total of 558 homes approved between FY21 and FY25. In FY26 up to March, 36 dwellings have been approved.

The average population growth per year for each dwelling built over these five years is 0.8 people. This indicates that new supply is meeting or exceeding demand, providing ample buyer choice and creating capacity for future population growth beyond current forecasts. The average construction cost value of new homes in the area is $532,000. Compared to Greater Sydney, Panania South - Picnic Point has slightly more development activity, at 24.0% above the regional average per person over the past five years. This preserves reasonable buyer options while sustaining existing property demand.

The new development consists of 26.0% detached houses and 74.0% attached dwellings, indicating a trend towards denser development that appeals to downsizers, investors, and entry-level buyers. This shift represents a notable change from the area's current housing composition, which is 73.0% houses. Panania South - Picnic Point has a population density of around 168 people per dwelling approval, characteristic of a low-density area. According to the latest AreaSearch quarterly estimate, the area is expected to grow by 1,252 residents by 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.

Panania (South) - Picnic Point has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Twelve infrastructure projects have been identified by AreaSearch as potentially impacting the area's performance. These include Panania Library and Knowledge Centre, a three-storey mixed-use development featuring two commercial tenancies, Canterbury-Bankstown Walking City Project, and Weston Street Affordable Housing initiative. The following list details those most likely to be relevant.

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

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

Panania South - Picnic Point has an educated workforce with professional services well-represented. The unemployment rate was 2.9% in June 2025, below Greater Sydney's 4.2%.

Employment grew by 2.4% over the past year. There are 9,561 residents employed, with workforce participation at Greater Sydney's average of 60.0%. Key industries include education & training (employing 1.4 times the regional average), health care & social assistance, and construction. Professional & technical services employ 8.8% locally, below Greater Sydney's 11.5%.

The area may have limited local employment opportunities as indicated by Census data. In the year to June 2025, employment levels increased by 2.4%, labour force by 2.7%, and unemployment rose by 0.3 percentage points. Comparatively, Greater Sydney had similar growth rates with a slight increase in unemployment. State-level data from Nov-25 shows NSW's employment contracted by 0.03% while the unemployment rate was 3.9%. National forecasts suggest employment will expand by 6.6% over five years and 13.7% over ten years, but local growth rates may differ based on industry-specific projections.

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

AreaSearch aggregated latest postcode level ATO data released for financial year 2022. Panania (South) - Picnic Point SA2 had a median taxpayer income of $57,164 and an average income of $70,825. These figures were above the national averages of $56,994 and $80,856 respectively for Greater Sydney. Using Wage Price Index growth of 12.61% since financial year 2022, estimates as of September 2025 would be approximately $64,372 (median) and $79,756 (average). According to the 2021 Census, 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 34.3% exceeding $3,000 weekly. 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% comprising semi-detached homes, apartments, and other types of dwellings. This differs from Sydney metropolitan areas, where 61.5% of dwellings are houses and 38.4% are other dwelling types. Home ownership in Panania (South) - Picnic Point stood at 36.2%, with mortgaged dwellings making up 39.7% and rented dwellings accounting for 24.1%. The median monthly mortgage repayment in the area was $2,695, exceeding Sydney's metro average of $2,240. The median weekly rent figure was recorded at $480, compared to Sydney's metro average of $425. Nationally, Panania (South) - Picnic Point's mortgage repayments were significantly higher than the Australian average of $1,863, and 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 make up 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, 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

Panania (South), specifically along the Picnic Point trail, has 28.6% of residents aged 15 and above holding university degrees, compared to Greater Sydney's 38.0%. This discrepancy suggests room 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 and above holding them - advanced diplomas make up 11.5% and certificates account for 21.5%.

Educational participation is notably high in Panania (South), 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.

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, operated by 39 individual routes. The total weekly passenger trips facilitated by these routes is 2,947.

Residential accessibility to transport is rated excellent, with residents typically located 150 meters from 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'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.

Around 55% (~9,040 people) have private health cover, higher than Greater Sydney's 48.6%. The most frequent medical conditions are arthritis (7.5%) and asthma (6.8%). About 73.2% report no medical ailments, compared to Greater Sydney's 75.8%. Approximately 17.5% (~2,881 people) are aged 65 and over, higher than Greater Sydney's 15.8%. Seniors require more health attention despite their above-average outcomes.

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 has a higher cultural diversity compared to most local markets, with 27.6% of its population born overseas and 33.1% speaking a language other than English at home. Christianity is the predominant religion in Panania (South) - Picnic Point, making up 63.8% of people, which is higher than the Greater Sydney average of 46.5%. The top three ancestry groups are Australian at 19.8%, English at 19.1%, and Other at 11.5%.

These percentages differ from regional averages: Australian is substantially higher (19.8% vs 14.1%), English is also higher (19.1% vs 11.3%), while Other is notably lower (11.5% vs 20.1%). Some ethnic groups are overrepresented in Panania (South) - Picnic Point: Lebanese at 5.6% (vs regional 14.9%), Greek at 5.2% (vs 3.4%), and Macedonian at 2.0% (vs 1.7%).

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 Australia's national average of 38 years. The 55-64 age cohort is over-represented locally at 11.9%, while the 25-34 age group is under-represented at 10.1%. According to post-2021 Census data, the 15-24 age group has increased from 12.4% to 13.9% of the population, but the 25-34 cohort has decreased from 11.0% to 10.1%. By 2041, significant demographic changes are forecast for Panania (South) - Picnic Point. The 75-84 age group is expected to grow by 55%, reaching 1,466 people from the current 945. Residents aged 65 and older will represent 64% of this growth. Conversely, the 0-4 and 35-44 age groups are projected to experience population declines.