Budgewoi Peninsula vs Freemans: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Budgewoi Peninsula and Freemans are both Central Coast rates (OLG suburbs, sitting 79.9 km and 82.2 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
The two sit within $100 a year of each other to run, so running cost is a minor factor here. The decision comes down to schools, risk and lifestyle, all in the free report.
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 →Budgewoi Peninsula
Freemans
Annual cost breakdown
| Category | Budgewoi Peninsula | Freemans | Difference |
|---|---|---|---|
| Council rates | $1,454 | $1,454 | - |
| Water & sewerage | $1,300 | $1,300 | - |
| Commute (driving) | $3,490 | $3,590 | -$100 |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $3,500 | $3,500 | - |
| Body corporate (unit) | $1,800 | $1,800 | - |
| Total (driving) | $9,744 | $9,844 | -$100 |
| Total (public transport) | $8,654 | $8,654 | - |
Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Budgewoi Peninsula | Freemans | 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 — Budgewoi Peninsula vs Freemans (2026-27)
What the numbers show
Budgewoi Peninsula and Freemans cost within $100 of each other annually by car. Over ten years with 3% annual growth the gap reaches roughly $1,146, making running cost a minor factor in the decision.
The biggest single gap is commute costs at $100 per year. Freemans is 82.2 km from Sydney CBD, which drives higher annual driving costs at the ATO rate of 91c/km.
On public transport the two suburbs cost almost the same, $8,654 and $8,654 a year, so the $100 driving gap nearly closes if you commute by public transport.
Where the difference actually comes from
- Council rates is identical at $1,454 a year.
- Water and sewerage is identical at $1,300 a year.
- Driving commute favours Budgewoi Peninsula by $100 a year, $3,490 against $3,590.
- Building insurance is identical at $3,500 a year.
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.
10-year cumulative cost projection
| Year | Budgewoi Peninsula cumulative | Freemans cumulative | Difference |
|---|---|---|---|
| Year 1 | $9,744 | $9,844 | $100 |
| Year 3 | $30,118 | $30,427 | $309 |
| Year 5 | $51,732 | $52,263 | $531 |
| Year 10 | $111,704 | $112,850 | $1,146 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Budgewoi Peninsula or Freemans cheaper to live in?
Budgewoi Peninsula is cheaper to run by car at $9,744 per year versus $9,844 for Freemans, a difference of $100 annually. Figures cover council rates, water, commute (ATO 91c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Budgewoi Peninsula and Freemans?
Annual council rates for a house are $1,454 in Budgewoi Peninsula (Central Coast rates (OLG) and $1,454 in Freemans (Central Coast rates (OLG). Water and sewerage adds $1,300 in Budgewoi Peninsula and $1,300 in Freemans. 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 Budgewoi Peninsula and Freemans?
Annual driving commute costs are $3,490 from Budgewoi Peninsula and $3,590 from Freemans to Sydney CBD (ATO 91c/km). Public transport costs $2,400 from Budgewoi Peninsula and $2,400 from Freemans.
What is the 10-year cost difference between Budgewoi Peninsula and Freemans?
At 3% annual cost growth, Budgewoi Peninsula costs a cumulative $111,704 and Freemans costs $112,850 over 10 years by car. The cumulative difference is $1,146 in favour of Budgewoi Peninsula. Excludes purchase price, mortgage, and personal expenses.
Which of Budgewoi Peninsula and Freemans 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: Central Coast rates (OLG and Central Coast rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 91c/km, and SuburbCost AI insurance estimates. Data updated July 2026.