There are 37 real estate agents servicing Panania and surrounds. In 2014 they sold 167 properties. We have analysed all these Panania agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Real Estate Agents Panania – 2012/13 Performance
Panania Real Estate Agents sold 167 properties over the last 12 months (144 houses and 23 units). On average these 144 Panania houses took 40 days to sell and were sold at an average discount of -6% from their initial listing price. Panania units on average took 23 days to sell and were sold at an average discount of -5% from their initial listing price.
The best Panania Real Estate Agents sell properties considerably better than these average figures. We detail who these Panania agents are in our free report
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 37 agents operating in the Bankstown – South council area servicing the Panania market and 14 agencies, vendors should only use those Panania agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Panania property.
With total house growth of 29% over the last five years Panania agents have had it reasonably easy selling into an appreciating market. Units have fared better growing at 34%. Growth in Panania houses over the last year has been below the five year annual growth rate, coming in at 3% for houses (5yr average 6%) and below for units 1% (5yr average 7%).
Request your free report for the individual performance details of real estate agents in Panania and the properties they have sold over the last couple of years.
With Panania houses only selling on average every 8 years and units every 9 years, securing the best Panania real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Panania real estate agent to sell your property can make years of difference to your personal financial situation.
Panania, a suburb of local government area City of Bankstown, is located 23 kilometres inner south-west of the Sydney central business district in the state of New South Wales, Australia, and is a part of the South-western Sydney region. The postcode is 2213, which it shares with adjacent suburbs East Hills and Picnic Point.
Panania is bounded on the north by the M5 South Western Motorway and the suburb of Milperra. Picnic Point, to the south, features parklands along the Georges River. East Hills is the suburb to the west and Revesby is located to the east.
The name Panania was on the original list of stations proposed for the Tempe-East Hills railway line in 1929. Prior to this, Panania was part of what was generally known as the East Hills district. Panania is an Aboriginal word meaning sun rising in the east and shining on the hills. An alternative theory is that the name may be a derivation of " Pannonia ", which was an ancient province of the Roman Empire southeast of the Danube River. During the construction of the railway line the name Nioka was used for the station which is an Aboriginal word meaning the green hill. Other names suggested for suburb were Linden Park and Elmswood.
The arrival of the railway in 1931 stimulated the development of the East Hills district. Prior to this, the district was rural. There was a soldiers' settlement at Milperra which consisted mostly of poultry and horticultural enterprises. The only public transportation was bus service to Bankstown railway station on the Bankstown line from various locations throughout the district, which posed a great inconvenience to people who needed to visit the Sydney CBD for work.
Development began apace after World War II. The Australian Legion of Ex-Servicemen and Women sponsored the mass production of housing at Panania beginning from 1946 with the construction of 34 houses.
St Christopher's Catholic Church on Tower Street was originally the Panania Star cinema. Panania North Public School, a short two block walk on the northern side of the railway line, became a demonstration school in the late 1970s so that trainee teachers from newly established, Milperra College of Advanced Education, could observe teachers at work.
Panania has a shopping area adjacent to Panania railway station. It runs along Weston Street, Anderson Avenue and Tower Street. Anderson Avenue features several local government facilities including a senior citizens centre and a public library. Panania Hotel is located on the northern side of Panania railway station.
The active Business Chamber is a significant strength of Panania (excerpt "Panania Issues Paper - Town Centre Improvement Program", Bankstown Council December 2010
Panania railway station is on the East Hills line of the CityRail network. Parts of Panania are serviced by buses operated by Veolia Transport NSW, generally following the routes established by McVicar's Bus Services.
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