3 Picnic Point Rd, Panania is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 743m2 and floor size of 115m2.This Property is currently listed for sale with PRD Real Estate Riverview & Panania
Offered to the market for the first time in decades, this much loved residence presents an outstanding opportunity to secure a substantial parcel of land in one of Panania's most convenient and tightly held locations. Set on approximately 740sqm the home is comfortable as is while offering enormous scope to renovate, rebuild or capitalise on the block size with granny flat potential (STCA), making it an ideal option for families and investors alike.Property Flyover:- Generous 740sqm parcel with huge backyard- 12.5m frontage / wide block - Solid, well maintained brick family home- Separate living and dining zones plus sunroom- Neat timber kitchen with ample cupboard space- 3 good sized bedrooms with built-in robes- Immaculate bathroom, separate toilet + internal laundry- Drive through car accommodation + additional off street parking- Ducted air conditioning throughout for year round comfort- Large level yard, excellent granny flat potential (stca)- Abundance of room for a swimming pool if desired- Potential rental return of $870pw - Ideal opportunity to rebuild, extend, invest or granny flat (stca)- 1 minute walk to Panania restaurants, cafes, chemist etc- 4 minute walk to Panania CBD & fast train to the city & airport- Offers prior to auction seriously considered Positioned in a central location just moments from Panania shops, cafes, train station, local schools and parklands, this is a property packed with upside for buyers looking to secure land, location and long term potential in one smart purchase.Please note: photos of furniture have been digitally added to give an impression of how the rooms could look.Sell Smarter ...ask a LocalDisclaimer: We have been furnished with the above information however, PRD Panania gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
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 5,506 properties. Over the last 5 years, Houses in Panania have seen a 31.10% increase in median value, while Units have seen a 15.45% increase. As at 31 July 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.