Boambee vs Toormina: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Boambee and Toormina are both Coffs Harbour rates (OLG suburbs, sitting 430.1 km and 429.4 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Boambee runs $650 a year cheaper than Toormina, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $7,452.
Over 10 years these two cost about the same to run. The difference here isn't money — it's location, schools and lifestyle.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →Boambee
Toormina
Annual cost breakdown
| Category | Boambee | Toormina | Difference |
|---|---|---|---|
| Council rates | $1,490 | $1,490 | - |
| Water & sewerage | $1,300 | $1,300 | - |
| Commute (driving) | $17,600 | $17,600 | - |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $2,450 | $3,100 | -$650 |
| Body corporate (unit) | $1,500 | $1,500 | - |
| Total (driving) | $22,840 | $23,490 | -$650 |
| Total (public transport) | $7,640 | $8,290 | -$650 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Boambee | Toormina | Difference |
|---|---|---|---|
| House | $2,098 | $2,098 | - |
| Unit | $1,679 | $1,679 | - |
Estimated from AER residential benchmarks for each suburb's climate zone at 2025 rates (QLD 30c/kWh, NSW 33c/kWh incl. supply charge; unit ≈ 75% of a house). Get the free report for a breakdown by your exact number of occupants.
Cost breakdown chart
Annual cost breakdown — Boambee vs Toormina (2026-27)
What the numbers show
Boambee costs $650 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $7,452 in favour of Boambee.
The biggest single gap is home insurance at $650 per year. Toormina carries high flood risk, which pushes estimated premiums higher.
On public transport the gap is $650 per year, $7,640 from Boambee versus $8,290 from Toormina.
10-year cumulative cost projection
| Year | Boambee cumulative | Toormina cumulative | Difference |
|---|---|---|---|
| Year 1 | $22,840 | $23,490 | $650 |
| Year 3 | $70,596 | $72,605 | $2,009 |
| Year 5 | $121,261 | $124,712 | $3,451 |
| Year 10 | $261,835 | $269,287 | $7,452 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Boambee or Toormina cheaper to live in?
Boambee is cheaper to run by car at $22,840 per year versus $23,490 for Toormina, a difference of $650 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Boambee and Toormina?
Annual council rates for a house are $1,490 in Boambee (Coffs Harbour rates (OLG) and $1,490 in Toormina (Coffs Harbour rates (OLG). Water and sewerage adds $1,300 in Boambee and $1,300 in Toormina. 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 Boambee and Toormina?
Annual driving commute costs are $17,600 from Boambee and $17,600 from Toormina to Sydney CBD (ATO 88c/km). Public transport costs $2,400 from Boambee and $2,400 from Toormina.
What is the 10-year cost difference between Boambee and Toormina?
At 3% annual cost growth, Boambee costs a cumulative $261,835 and Toormina costs $269,287 over 10 years by car. The cumulative difference is $7,452 in favour of Boambee. Excludes purchase price, mortgage, and personal expenses.
Which of Boambee and Toormina is best to actually live in?
You've got the costs. Get the free personalised report for the rest: a clear verdict on which suburb wins, the full flood, fire and crime risk profile, nearest schools, estimated electricity cost by number of occupants, and your own loan or rent stress-tested over 10 years. No spam.
Related comparisons
Sources: Coffs Harbour rates (OLG and Coffs Harbour rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 88c/km, and SuburbCost AI insurance estimates. Data updated July 2026.