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Income and tax stats in Panania (2213)

Income and tax statistics for Panania (2213) are derived from the ATO's annual Taxation Statistics publication, which aggregates individual income tax return data at the postcode level. The data covers average taxable income, the proportion of residents with investment property income, capital gains declarations, and the share of high-income earners (those with taxable income above $180,000). Panania is part of the Canterbury-Bankstown LGA.

How might Panania change?

Investor activity in Panania

2213 · ATO Taxation Statistics · ~18-month lag

Source: ATO Taxation Statistics (CC BY 2.5 AU).

Average taxable income in Panania is a useful but imperfect demand signal. It reflects who lives there now, not who will live there in five years. If the average taxable income has been rising faster than the Canterbury-Bankstown LGA average over recent ATO releases, it may signal income-driven gentrification, with wealthier residents displacing lower-income ones, which has historically been associated with above-average capital growth in Sydney.

Income and tax stats in nearby suburbs

Bankstown 2200Canterbury 2193Campsie 2194Earlwood 2206Lakemba 2195Punchbowl 2196

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