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

Based on AreaSearch's analysis, Panania (South) - Picnic Point's population is around 17,319 as of Feb 2026. This reflects an increase of 1,325 people (8.3%) since the 2021 Census, which reported a population of 15,994 people. The change is inferred from the estimated resident population of 16,430 from the ABS as of June 2024 and an additional 80 validated new addresses since the Census date. This population level equates to a density ratio of 2,535 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Panania (South) - Picnic Point's 8.3% growth since the 2021 census exceeded the SA4 region (7.6%) and the state, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed 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 any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. As we examine future population trends, a population increase just below the median of national areas is expected, with the area expected to expand by 1,259 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 2.1% in total 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 around 111 new dwelling approvals per year, with 558 homes approved over the past 5 financial years (between FY-21 and FY-25) and 66 so far in FY-26. With an average of only 0.8 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts, while new homes are being built at an average value of $370,000.

Relative to Greater Sydney, Panania (South) - Picnic Point has slightly more development (24.0% above regional average per person over the 5 year period), preserving reasonable buyer options while sustaining existing property demand. New development consists of 26.0% detached houses and 74.0% attached dwellings. This trend toward 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 (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 growth area.

Looking ahead, Panania (South) - Picnic Point is expected to grow by 370 residents through to 2041 (from the latest AreaSearch quarterly estimate). With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 13 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Panania Library and Knowledge Centre, the construction of a three (3) storey mixed use development comprising two (2) commercial tenancies, the Canterbury-Bankstown Walking City Project, and Weston Street Affordable Housing, with the list below detailing those likely to be of most relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Panania (South) - Picnic Point possesses a well-educated workforce, with professional services showing strong representation, an unemployment rate of only 3.0%, and 4.9% in estimated employment growth over the past year. As of December 2025, 9,645 residents are in work while the unemployment rate is 1.1% below Greater Sydney's rate of 4.2%, and workforce participation is fairly standard (74.4% compared to Greater Sydney's 70.2%). Based on Census responses, a high 50.2% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise education & training, health care & social assistance, and construction. The area demonstrates a particularly notable concentration in education & training, with employment levels at 1.4 times the regional average. In contrast, professional & technical services employ just 8.8% of local workers, below Greater Sydney's 11.5%. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 4.9% and the labour force increased by 5.3%, resulting in unemployment rising by 0.3 percentage points. By comparison, Greater Sydney recorded employment growth of 2.2%, labour force growth of 2.3%, with unemployment rising marginally. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Panania (South) - Picnic Point. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Panania (South) - Picnic Point's employment mix suggests local employment should increase by 6.6% over five years and 13.5% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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 the latest postcode level ATO data released for FY-23, the Panania (South) - Picnic Point SA2 had a median income among taxpayers of $62,257 with the average level standing at $75,390. This is well above average nationally and compares to levels of $60,817 and $83,003 across Greater Sydney respectively. Based on Wage Price Index growth of 8.86% since FY-23, current estimates would be approximately $67,773 (median) and $82,070 (average) as of September 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 the largest segment comprises 28.2% earning $1,500 - 2,999 weekly (4,883 residents), reflecting patterns seen at regional levels 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

Dwelling structure within Panania (South) - Picnic Point, as evaluated at the latest Census, comprised 72.6% houses and 27.3% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Sydney metro's 55.9% houses and 44.1% other dwellings. Meanwhile, the level of home ownership within Panania (South) - Picnic Point was well beyond that of Sydney metro, at 36.2%, with the remainder of dwellings either mortgaged (39.7%) or rented (24.1%). The median monthly mortgage repayment in the area was well above the Sydney metro average at $2,695, while the median weekly rent figure was recorded at $480, compared to Sydney metro's $2,427 and $470. Nationally, Panania (South) - Picnic Point's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 78.3% of all households, comprising 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 of 2.9 people is 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

Educational qualifications in Panania (South) - Picnic Point trail regional benchmarks, with 28.6% of residents aged 15+ holding university degrees compared to 38.0% in Greater Sydney. This gap highlights potential for educational development and skills enhancement. Bachelor degrees lead at 19.9%, followed by postgraduate qualifications (6.5%) and graduate diplomas (2.2%). Trade and technical skills feature prominently, with 33.0% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.5%) and certificates (21.5%).

Educational participation is notably 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

Public transport analysis reveals 100 active transport stops operating within Panania (South) - Picnic Point, comprising a mix of trains and buses. These stops are serviced by 38 individual routes, collectively providing 3,330 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 150 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 85%, with 9% by train. Vehicle ownership averages 1.5 per dwelling, which is above the regional average. A high 50.2% of residents work from home (2021 Census; 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

Health outcomes data demonstrates outstanding results across Panania (South) - Picnic Point, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Younger cohorts in particular see very low prevalence of common health conditions, and the rate of private health cover is very high at approximately 57% of the total population (~9,802 people), compared to 59.9% across Greater Sydney.

The most common medical conditions in the area are arthritis and asthma, impacting 7.5% and 6.8% of residents, respectively, while 73.2% declared themselves as completely clear of medical ailments compared to 74.6% across Greater Sydney. Working-age residents are notably healthy with low chronic condition prevalence. The area has 18.1% of residents aged 65 and over (3,131 people), which is higher than the 15.4% in Greater Sydney. Health outcomes among seniors are above average, though they rank lower nationally than 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 is more culturally diverse than the vast majority of local markets, with 27.6% of its population born overseas and 33.1% speaking a language other than English at home. The main religion in Panania (South) - Picnic Point is Christianity, which makes up 63.8% of the population, compared to 49.2% across Greater Sydney.

In terms of ancestry (country of birth of parents), the top three represented groups in Panania (South) - Picnic Point are Australian, comprising 19.8% of the population, English, comprising 19.1% of the population, and Other, comprising 11.5% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Lebanese is notably overrepresented at 5.6% of Panania (South) - Picnic Point (vs 2.6% regionally), Greek at 5.2% (vs 1.9%), and Macedonian at 2.0% (vs 0.4%).

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

The 39-year median age in Panania (South) - Picnic Point is somewhat higher than Greater Sydney's average of 37 and similarly very close to the 38-year national average. Compared to the Greater Sydney average, the 45 - 54 cohort is notably over-represented (13.8% locally), while 25 - 34 year-olds are under-represented (9.6%). Post-2021 Census data shows the 15 to 24 age group has grown from 12.4% to 14.3% of the population, while the 75 to 84 cohort increased from 4.8% to 6.0%. Conversely, the 25 to 34 cohort has declined from 11.0% to 9.6% and the 5 to 14 group dropped from 14.1% to 13.0%. Population forecasts for 2041 indicate substantial demographic changes for Panania (South) - Picnic Point. Leading the demographic shift, the 75 to 84 group will grow by 40% (418 people), reaching 1,466 from 1,047. Demographic aging continues as residents 65 and older represent 72% of anticipated growth. On the other hand, the 0 to 4 and 15 to 24 cohorts are expected to experience population declines.