Average rent in Panania (South) - Picnic Point, NSW — 2026

Panania (South) - Picnic Point is part of the Canterbury-Bankstown council area and sits 22km out from the Sydney CBD, with around 15,994 residents at the 2021 ABS Census. Renters here typically pay $480/week, which is above the New South Wales median of $424/week. About 24% of households rent — the rest are owners or paying down a mortgage.

$480/wk

ABS 2021 Census median

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Suburb at a glance

Population
15,994

ABS 2021

Median age
39
Distance to Sydney
22 km
Households renting
24%
Separate houses
72%
Flats / apartments
4%
Born overseas
27%
Top occupation
Professionals
LGA
Canterbury-Bankstown

Renting in Panania (South) - Picnic Point

Panania (South) - Picnic Point commands one of the higher rent points in New South Wales, with the typical renter paying $480/week — about 13% above the state median of $424/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (74% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (72%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 15,994, the median age is 39, and the most common occupation category is Professionals. Panania (South) - Picnic Point is 22km from Sydney. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.

Frequently asked questions

What's the median rent in Panania (South) - Picnic Point?+
According to the ABS 2021 Census, the median weekly rent in Panania (South) - Picnic Point, NSW was $480. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Panania (South) - Picnic Point rent compare to New South Wales?+
At the 2021 Census, New South Wales's state median rent was $424 a week. Panania (South) - Picnic Point sat at $480 — 13% above the state average. The suburb is 22km from Sydney, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (72% separate houses, 4% flats here).
Which suburbs near Panania (South) - Picnic Point have lower rent?+
Nearby suburbs with lower median rents than Panania (South) - Picnic Point's $480/week (ABS 2021) include Matraville - Chifley, Kingsford, Haberfield - Summer Hill. Kingscliff - Fingal Head, Wahroonga (West) - Waitara, Kiama Downs - Minnamurra sit above. Bear in mind that lower nominal rent doesn't always reflect better value once you factor in commute time, transit access, and housing condition — the rent submission form below lets you contribute to the live picture for your area.

Nearby suburbs in NSW

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$450/wk

Mascot

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Homebush

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Port Botany Industrial

$1200/wk

Belrose

$885/wk

Castle Cove - Northbridge

$850/wk

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