120 Lambeth St, Panania is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 626m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Panania in the last 12 months.
Set on an impressive 626sqm parcel with a generous 13.7m frontage, this property offers a rare opportunity to secure a prime home site in a highly convenient pocket of Panania. With ample space and a near-level block, it's the perfect foundation to design and build a contemporary residence tailored to your lifestyle.
The existing three-bedroom home with 1.5 bathrooms and a lock-up garage offers scope for those seeking a renovator's delight, or alternatively provides a starting point while you plan your future build. The size and layout of the land also invite exciting possibilities, including potential for a granny flat (STCA), making it ideal for families, investors, or builders.
Positioned just a 5-minute drive to Panania Station, local shops, caf�s, schools, and major transport links, the location combines everyday convenience with peaceful suburban appeal. Opportunities of this scale and flexibility are increasingly hard to find in this tightly held neighbourhood.
Highlights:
- Expansive 626sqm block with a 13.7m frontage
- Existing 3-bedroom home with 1.5 bathrooms and LUG
- Fantastic renovator's delight opportunity
- Ideal site for a custom new home build
- Potential for a granny flat (STCA)
- Near-level land offering flexible design options
- 5-minute drive to Panania Station and village amenities
- Close to schools, parks, caf�s, and transport
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
The size of Panania is approximately 4.7 square kilometres. There are 21 parks, covering nearly 15.8% of the 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 5,515 properties. Over the last 5 years, Houses in Panania have seen a 39.36% increase in median value, while Units have seen a 31.12% increase. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.