Thinking about buying in Pannawonica? Now could not be a better time, with just 372 residential dwellings it's a highly sought after location.
Distance to the coast is 64 Km.
In Pannawonica there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Pannawonica are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Pannawonica leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Pannawonica necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Pannawonica the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
|Median Weekly Rent||$74.00|
|Median Monthly Mortgage||$3000.00|
|Median Persons Per Bedroom||0.90|
|Average Household Size||2.00|
|Average Cars Per Dwelling||1.57|
|Average Properties Within 50M||36|
Pannawonica Primary School(While the above schools are located with the suburb of Pannawonica there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!