The Panania property market recorded a median house price of $1,081,500 and $775,000 for units in Q3 2017, representing an annual price growth of 13.2% and 6.7% respectively. Over the same period of time (Q3 2016-Q3 2017) the Canterbury-Bankstown local government area (LGA) witnessed a lower annual price growth for houses of 11.3% to $1,030,000; confirming Panania’s housing market as a premium market – attracting higher pricing and achieving higher capital growth.
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