Panorama

An assessment of population growth drivers in Panorama reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on analysis of Australian Bureau of Statistics (ABS) population updates for the broader area, and new addresses validated by AreaSearch, the estimated population of the suburb of Panorama is around 2,478 as of Nov 2025. This reflects an increase of 90 people since the 2021 Census, which reported a population of 2,388 people. The change is inferred from the resident population of 2,458 estimated by AreaSearch following examination of the latest Education and Workforce (ERP) data release by the ABS in June 2024, along with an additional 32 validated new addresses since the Census date. This level of population equates to a density ratio of 1,424 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Over the past decade, Panorama has demonstrated resilient growth patterns with a compound annual growth rate of 0.9%, outpacing the SA3 area. Population growth for the suburb was primarily driven by overseas migration that contributed approximately 79.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, the SA State Government's Regional/LGA projections by age category are adopted, based on 2021 data and released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Anticipating future population dynamics, an above median population growth is projected for the suburb, with an expected increase of 505 persons to 2041 based on aggregated SA2-level projections, reflecting an overall increase of 21.7% over the 17 years.

AreaSearch analysis of residential development drivers sees Panorama recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers indicates Panorama has recorded approximately 11 residential properties granted approval each year. Over the past five financial years, from FY-21 to FY-25, around 56 homes were approved, with no approvals yet in FY-26. On average, each dwelling built over these years accommodates about 2.7 new residents per year, suggesting solid demand that supports property values.

The average construction cost value of new homes is $420,000. This financial year has seen $492,000 in commercial development approvals, indicating minimal commercial development activity compared to residential. Against Greater Adelaide's average, Panorama shows moderately higher development activity, at 36.0% above the regional average per person over the five-year period.

New development consists mainly of standalone homes (82.0%) and medium-high density housing (18.0%), sustaining the area's suburban identity with a concentration of family homes suited to buyers seeking space. Panorama reflects a low-density area, with around 262 people per approval. Future projections estimate Panorama will add 537 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Panorama has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly impact an area's performance. Five projects identified by AreaSearch are expected to influence this region. Notable projects include Hotel Panorama, Panorama Place Estate, Springbank Secondary College upgrade, and Adelaide Public Transport Capacity and Access. The following details the most relevant projects:.

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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.

AreaSearch analysis of employment trends sees Panorama performing better than 90% of local markets assessed across Australia

Panorama has a well-educated workforce with significant representation of professional services. Its unemployment rate is 1.4%, with an estimated employment growth of 3.0% over the past year, as per AreaSearch's aggregation of statistical area data.

As of June 2025, there are 1,314 residents employed, with an unemployment rate of 2.6%, lower than Greater Adelaide's rate of 4.0%. Workforce participation is similar to Greater Adelaide at 61.7%. Employment in Panorama is concentrated in health care & social assistance, education & training, and professional & technical sectors. The area has a particular specialization in professional & technical employment, with an employment share of 1.4 times the regional level.

Retail trade has limited presence, with only 8.5% employment compared to the regional average of 10.0%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the Census working population vs resident population count. Between June 2024 and June 2025, employment levels increased by 3.0%, labour force grew by 2.8%, resulting in a decrease of unemployment by 0.2 percentage points. In comparison, Greater Adelaide saw employment grow by 2.1% and labour force expand by 2.1%, with a marginal rise in unemployment. For future demand insights within Panorama, Jobs and Skills Australia's national employment forecasts from Sep-22 can be considered. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Panorama's employment mix suggests local employment should increase by 6.8% over five years and 14.1% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

Panorama's median taxpayer income was $55,125 and average was $67,473 in financial year 2022, according to latest postcode level ATO data aggregated by AreaSearch. This is higher than Greater Adelaide's median of $52,592 and average of $64,886. By September 2025, with a 12.83% Wage Price Index growth since financial year 2022, estimated incomes would be approximately $62,198 (median) and $76,130 (average). Census 2021 data shows Panorama's household, family, and personal incomes are at the 54th percentile nationally. The largest income segment is 28.8% earning $1,500 - 2,999 weekly (713 residents), similar to the surrounding region's 31.8%. After housing costs, 86.6% of income remains for other expenses. Panorama's SEIFA income ranking places it in the 8th decile.

Panorama is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Panorama's dwelling structure, as per the latest Census, consisted of 89.2% houses and 10.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Adelaide metro had 78.8% houses and 21.2% other dwellings. Panorama's home ownership rate was 44.6%, with the remaining dwellings either mortgaged (41.3%) or rented (14.2%). The median monthly mortgage repayment in Panorama was $2,058, higher than Adelaide metro's $1,992. The median weekly rent figure in Panorama was $380, compared to Adelaide metro's $335. Nationally, Panorama's mortgage repayments were significantly higher than the Australian average of $1,863, while rents exceeded the national figure of $375.

Panorama has a typical household mix, with a fairly typical median household size

Family households comprise 75.6% of all households, including 33.1% couples with children, 30.0% couples without children, and 11.2% single parent families. Non-family households account for the remaining 24.4%, with lone person households at 21.7% and group households comprising 2.1% of the total. The median household size is 2.6 people, which matches the Greater Adelaide average.

Panorama demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

In Panorama, 39.9% of residents aged 15 and above hold university qualifications, exceeding South Africa's (SA) national average of 25.7% and the SA4 region's average of 28.1%. Bachelor degrees are the most prevalent at 24.3%, followed by postgraduate qualifications at 10.5% and graduate diplomas at 5.1%. Vocational credentials are also prominent, with 28.3% of residents aged 15 and above holding such qualifications, including advanced diplomas (11.2%) and certificates (17.1%). Educational participation is high, with 29.9% of residents currently enrolled in formal education, comprising 10.4% in primary education, 7.5% in tertiary education, and 7.4% pursuing secondary education.

Educational facilities seem to be located outside Panorama's immediate boundaries, necessitating families to access schools in neighboring areas.

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

Panorama has 19 active public transport stops. These are served by 15 different bus routes. Together, these routes provide a total of 1,086 weekly passenger trips.

The average distance from residents to the nearest stop is 176 meters. On average, there are 155 trips per day across all routes, which equals about 57 weekly trips per individual stop.

Panorama's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Health data shows Panorama residents have relatively positive health outcomes with common conditions seen across both young and old age groups. About 54% (~1,329 people) have private health cover, compared to 58.5% in Greater Adelaide.

Mental health issues affect 8.0%, arthritis impacts 7.7%. Around 68.8% report no medical ailments, similar to the 69.3% across Greater Adelaide. About 21.3% (527 people) are aged 65 and over. Seniors' health outcomes are particularly strong, outperforming the general population in health metrics.

Panorama 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

Panorama's population showed high cultural diversity, with 25.1% born overseas and 19.6% speaking a language other than English at home. Christianity was the predominant religion in Panorama, accounting for 49.8%. Islam had an overrepresentation of 2.0%, compared to Greater Adelaide's 1.3%.

The top three parental ancestry groups were English (28.5%), Australian (23.2%), and Other (7.5%). Notably, German (6.5%) was overrepresented compared to the regional figure of 5.9%. Greek (4.6%) and Lebanese (1.3%) also showed higher representation than regional averages of 2.5% and 0.5%, respectively.

Panorama hosts an older demographic, ranking in the top quartile nationwide

Panorama has a median age of 42, which is slightly higher than Greater Adelaide's figure of 39 and significantly higher than the national norm of 38. The percentage of residents aged 5-14 is notably high at 13.3%, compared to Greater Adelaide. However, the 25-34 age group is less prevalent in Panorama at 9.7%. According to the 2021 Census, the 15 to 24 age group has increased from 11.7% to 13.2% of Panorama's population, while the 35 to 44 cohort has risen from 12.7% to 14.1%. Conversely, the 55 to 64 age group has decreased from 12.2% to 10.6%. By 2041, demographic modeling predicts significant changes in Panorama's age profile, with the 45 to 54 group expected to grow by 38%, reaching 432 people from its current level of 312.