40 Killara Ave, Panania is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 486.9m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Panania in the last 12 months.
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Positioned in a quiet, family-friendly pocket, this versatile property presents an exceptional opportunity for buyers looking to secure a prime parcel of land with endless potential. Whether you're planning a knock-down rebuild, a full renovation, or looking to capitalise on a solid home in a sought-after location, this is one you won't want to miss. Set on approximately 486.9sqm, the block offers the ideal foundation to create your dream home or investment.
The existing residence features a functional three-bedroom, one-bathroom layout, providing immediate liveability or rental potential while you plan your next move. With side access leading through to a lock-up garage and a generous backyard, the property offers both practicality and space-perfect for families, tradies, or those needing extra storage or vehicle accommodation.
Location is a standout, with Killara Reserve just a short 1-minute walk away, offering open green space for kids, pets, and weekend relaxation. You're also only a quick 9 min walk to Panania Station, local shops, and popular caf�s, ensuring convenience is always at your doorstep. This is a rare chance to secure a well-positioned property with scope to add serious value.
- Approx. 486.9sqm block with excellent potential
- Ideal knock-down rebuild or renovation opportunity
- Existing 3-bedroom, 1-bathroom home
- Side access to lock-up garage
- Spacious rear yard with plenty of room for future enhancements
- Quiet, family-friendly location
- 1-minute walk to Killara Reserve
- 9 minute walk to Panania Station, shops & caf�s
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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. 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 5,502 properties. Over the last 5 years, Houses in Panania have seen a 49.31% increase in median value, while Units have seen a 30.51% increase. As at 30 April 2026:
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