Bankstown Aerodrome vs Milperra, true annual running costs compared 2026
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Bankstown Aerodrome and Milperra are both Canterbury-Bankstown rates (OLG suburbs, sitting 21.3 km and 22.5 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Bankstown Aerodrome runs $390 a year cheaper than Milperra, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $4,471.
Over 10 years the gap between these two is about $4,500, about $9 a week, and most of it is the AI-estimated insurance line.
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Milperra
Annual cost breakdown
| Category | Bankstown Aerodrome | Milperra | Difference |
|---|---|---|---|
| Council rates Official, 2026-27 | $1,377 | $1,377 | - |
| Water & sewerage Official, 2026-27 | $1,548 | $1,548 | - |
| Commute (driving) Modelled, 2026-27 | $5,461 | $5,651 | -$190 |
| Commute (public transport) Modelled, 2026-27 | $2,400 | $2,400 | - |
| Home insurance Estimated | $2,050 | $2,250 | -$200 |
| Body corporate (unit) Estimated | $2,300 | $2,300 | - |
| Total (driving) | $10,436 | $10,826 | -$390 |
| Total (public transport) | $7,375 | $7,575 | -$200 |
Totals exclude electricity, estimated separately below. Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance estimated from ACCC premium rates; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Bankstown Aerodrome | Milperra | Difference |
|---|---|---|---|
| House | $2,342 | $2,342 | - |
| Unit | $1,909 | $1,909 | - |
Estimated from AER residential benchmarks for each suburb's climate zone at 2026-27 regulated prices for each suburb's electricity network, including supply charge (AER Default Market Offer caps, or the QCA price in regional Queensland; unit ≈ 75% of a house). Get the free report for a breakdown by your exact number of occupants.
Cost breakdown chart
Annual cost breakdown, Bankstown Aerodrome vs Milperra (2026-27)
What the numbers show
Bankstown Aerodrome and Milperra differ by $390 a year by car, but $200 of that is the building insurance estimate rather than a published figure. On the sourced costs, council rates, water and the commute, the gap is $190, so neither suburb is named cheaper here.
The biggest single gap is home insurance at $200 per year. Milperra carries high flood risk, which pushes estimated premiums higher.
On public transport the gap is $200 per year, $7,375 from Bankstown Aerodrome versus $7,575 from Milperra.
Where the difference actually comes from
- Council rates is identical at $1,377 a year.
- Water and sewerage is identical at $1,548 a year.
- Driving commute favours Bankstown Aerodrome by $190 a year, $5,461 against $5,651.
- Building insurance favours Bankstown Aerodrome by $200 a year, $2,050 against $2,250.
Both suburbs sit in the same council area, so the rates line is identical and none of the difference between them comes from council. What separates them is commute distance and the insurance band.
Fire risk is rated medium in Milperra against low in Bankstown Aerodrome, which feeds the insurance estimate.
10-year cumulative cost projection
| Year | Bankstown Aerodrome cumulative | Milperra cumulative | Difference |
|---|---|---|---|
| Year 1 | $10,436 | $10,826 | $390 |
| Year 3 | $32,257 | $33,462 | $1,205 |
| Year 5 | $55,406 | $57,477 | $2,071 |
| Year 10 | $119,637 | $124,108 | $4,471 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Bankstown Aerodrome or Milperra cheaper to live in?
Neither is named cheaper. Bankstown Aerodrome runs $10,436 a year by car and Milperra $10,826, but most of the $390 difference is the building insurance estimate rather than a published figure. On council rates, water and the commute, which are sourced, the gap is $190. Source: SuburbCost 2026 data.
What are council rates in Bankstown Aerodrome and Milperra?
Annual council rates for a house are $1,377 in Bankstown Aerodrome (Canterbury-Bankstown rates (OLG) and $1,377 in Milperra (Canterbury-Bankstown rates (OLG). Water and sewerage adds $1,548 in Bankstown Aerodrome and $1,548 in Milperra. Both figures are the average residential rate reported to the Office of Local Government, uplifted by each council's IPART rate peg.
How does the commute cost compare between Bankstown Aerodrome and Milperra?
Annual driving commute costs are $5,461 from Bankstown Aerodrome and $5,651 from Milperra to Sydney CBD (ATO 91c/km). Public transport costs $2,400 from Bankstown Aerodrome and $2,400 from Milperra.
What is the 10-year cost difference between Bankstown Aerodrome and Milperra?
At 3% annual cost growth, Bankstown Aerodrome costs a cumulative $119,637 and Milperra costs $124,108 over 10 years by car. The cumulative difference is $4,471 in favour of Bankstown Aerodrome. Excludes purchase price, mortgage, and personal expenses.
Which of Bankstown Aerodrome and Milperra suits you better?
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Sources: Canterbury-Bankstown rates (OLG and Canterbury-Bankstown rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 91c/km, and SuburbCost insurance estimates from ACCC premium rates. Data updated July 2026.