12 Gracemar Ave, Panania is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 485m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
This exceptionally built duplex has been perfectly designed with no expense spared. Displaying a versatile floorplan, space, quality features throughout and providing indoor/outdoor living. Set in popular South Panania with close proximity to popular schools, Panania CBD, Train Station and amenities.
4 Bedroom home
Main bedroom with en-suite, walk in wardrobe and balcony
Positioned in an ideal location with appealing surrounds, this elegant home offers all the comforts you could ask for. Please call Michael Sleiman for further details on M: 0433 941 863
The size of Panania is approximately 4.7 square kilometres. It has 21 parks covering nearly 15.8% of total area. The population of Panania in 2016 was 12419 people. By 2021 the population was 13507 showing a population growth of 8.8% in the area during that time. The predominant age group in Panania is 40-49 years. Households in Panania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Panania work in a professional occupation.In 2021, 68.30% of the homes in Panania were owner-occupied compared with 69.70% in 2016.
Panania has 5,475 properties. Over the last 5 years, Houses in Panania have seen a 70.21% increase in median value, while Units have seen a 48.55% increase. As at 30 November 2025:
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