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 16,437 as of November 2025. This figure shows an increase of 443 people since the 2021 Census, which recorded a population of 15,994. The growth is inferred from ABS estimates: Panania (South) - Picnic Point had an estimated resident population of 16,435 in June 2024 and 78 new addresses were validated 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 assessments. The area's 2.8% growth since the census is within 1.3 percentage points of its SA3 area (4.1%), indicating strong growth fundamentals. Overseas migration contributed approximately 61.1% of overall population gains recently.

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 years 2032 to 2041. Future population trends suggest an increase just below the median nationally, with Panania (South) - Picnic Point expected to expand by 1,259 persons to 2041 based on latest annual ERP population numbers, reflecting a total increase of 7.6% over 17 years.

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

Panania South - Picnic Point averaged approximately 111 new dwelling approvals annually over recent years. Between financial years FY21 to FY25558 homes were approved, with an additional 51 approved in FY26 as of current data.

The population growth has been steady at around 0.8 people per year for each dwelling built during the same period. This suggests that new housing supply is meeting or exceeding demand, providing ample buyer options and allowing for potential population growth beyond current projections. The average construction cost value for new homes in the area is approximately $370,000. Comparatively, Panania South - Picnic Point has seen slightly more development than the Greater Sydney regional average over the past five years, with a 24% increase per person. This has preserved reasonable buyer options while maintaining existing property demand.

The new developments consist of 26% detached houses and 74% attached dwellings, indicating a trend towards denser housing options that appeal to downsizers, investors, and first-time buyers. This shift contrasts with the area's current housing composition, which is predominantly houses (73%). This change reflects decreasing developable sites and evolving lifestyle needs for more diverse and affordable housing choices. Panania South - Picnic Point exhibits characteristics of a low-density area, with approximately 168 people per dwelling approval. Looking ahead, the latest AreaSearch quarterly estimate projects a population growth of around 1,252 residents by 2041. With current construction levels, it is expected that housing supply will adequately meet demand, creating favorable conditions for buyers and potentially enabling growth beyond 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. Key projects include Panania Library and Knowledge Centre, a three-storey mixed-use development consisting of two commercial tenancies, Canterbury-Bankstown Walking City Project, and Weston Street Affordable Housing project. The following list details those considered 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 professional services well-represented. Its unemployment rate is 3.0% and it experienced a 3.7% employment growth in the past year up to September 2025.

There are 9,583 residents employed with an unemployment rate of 1.2% lower than Greater Sydney's 4.2%. Workforce participation matches Greater Sydney's 60.0%. Key industries include education & training, health care & social assistance, and construction. Education & training has employment levels at 1.4 times the regional average while professional & technical employs only 8.8% of local workers compared to Greater Sydney's 11.5%.

The area offers limited local employment opportunities as indicated by Census data. From September 2024 to September 2025, employment grew by 3.7%, labour force by 4.2%, and unemployment rose by 0.5 percentage points in Panania South - Picnic Point. Greater Sydney saw employment growth of 2.1% and unemployment rise by 0.2 percentage points during the same period. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03%, with a state unemployment rate of 3.9%. National forecasts from May-25 project national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Panania South - Picnic Point's industry mix suggests local employment could increase by approximately 6.6% over five years and 13.5% over ten years, assuming constant population projections 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 SA2 had a median taxpayer income of $57,164 and an average income of $70,825. These figures are above the national averages of $56,994 and $80,856 respectively for Greater Sydney. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes as of September 2025 would be approximately $64,372 (median) and $79,756 (average). According to 2021 Census figures, household, family, and personal incomes in Panania (South) - Picnic Point cluster around the 69th percentile nationally. The largest income bracket comprises 28.2% earning between $1,500 and $2,999 weekly, with 4,635 residents falling into this category. Higher earners make up a substantial presence at 34.3%, indicating strong purchasing power within the community. 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% comprising semi-detached homes, apartments, and other types. This distribution differs from Sydney metropolitan areas, where 61.5% of dwellings are houses and 38.4% are other types. 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 in the area was $2,695, higher than Sydney's average of $2,240. The median weekly rent figure for Panania (South) - Picnic Point was $480, compared to Sydney's $425. Nationally, mortgage repayments in the area were significantly higher at $1,863 and rents were 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%, consisting of 20.0% lone person households and 1.6% group households. 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), specifically along the Picnic Point trail, 28.6% of residents aged 15 years and above hold university degrees. This figure is lower than Greater Sydney's 38.0%, indicating potential for educational development. 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 years and above holding them - 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.

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 served by a mix of trains and buses, with a total of 39 individual routes operating. The combined weekly passenger trips across these routes is 2,947.

Residents have excellent access to transport, with an average distance of 150 meters to the nearest stop. 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 health outcomes with lower prevalence of common conditions among its general population compared to older, at-risk cohorts nationally. Approximately 55% (~9,040 people) have private health cover, higher than Greater Sydney's 48.6%.

The most prevalent conditions are arthritis (7.5%) and asthma (6.8%), with 73.2% reporting no medical ailments, close to Greater Sydney's 75.8%. The area has a larger senior population at 17.5% (2,881 people) compared to Greater Sydney's 15.8%, requiring more health attention despite above-average outcomes among seniors.

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's Picnic Point area showed higher cultural diversity than most nearby 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%, compared to 46.5% across Greater Sydney. The top three ancestry groups were Australian (19.8%), English (19.1%), and Other (11.5%).

Notably, Lebanese (5.6%) and Greek (5.2%) groups were overrepresented compared to regional averages of 14.9% and 3.4%, respectively. Macedonian ancestry was also higher at 2.0%.

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. Compared to Greater Sydney, the 55-64 cohort is notably over-represented at 11.9% locally, while the 25-34 age group is 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 substantial demographic changes for Panania (South) - Picnic Point. The 75-84 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, while the 0-4 and 35-44 cohorts are expected to experience population declines.