Canada Bay vs Concord, true annual running costs compared 2026
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Canada Bay and Concord are both Canada Bay rates (OLG suburbs, sitting 8.7 km and 9.5 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
The two sit within $216 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, Canada Bay costs about $2,500 less to run than Concord. That's about $5 a week.
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Concord
Annual cost breakdown
| Category | Canada Bay | Concord | Difference |
|---|---|---|---|
| Council rates Official, 2026-27 | $1,268 | $1,268 | - |
| Water & sewerage Official, 2026-27 | $1,548 | $1,548 | - |
| Commute (driving) Modelled, 2026-27 | $2,709 | $2,925 | -$216 |
| Commute (public transport) Modelled, 2026-27 | $1,920 | $1,920 | - |
| Home insurance Estimated | $1,850 | $1,850 | - |
| Body corporate (unit) Estimated | $2,600 | $2,600 | - |
| Total (driving) | $7,375 | $7,591 | -$216 |
| Total (public transport) | $6,586 | $6,586 | - |
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 | Canada Bay | Concord | 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, Canada Bay vs Concord (2026-27)
What the numbers show
Canada Bay and Concord cost within $216 of each other annually by car. Over ten years with 3% annual growth the gap reaches roughly $2,476, making running cost a minor factor in the decision.
The biggest single gap is commute costs at $216 per year. Concord is 9.5 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, $6,586 and $6,586 a year, so the $216 driving gap nearly closes if you commute by public transport.
Where the difference actually comes from
- Council rates is identical at $1,268 a year.
- Water and sewerage is identical at $1,548 a year.
- Driving commute favours Canada Bay by $216 a year, $2,709 against $2,925.
- Building insurance is identical at $1,850 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 | Canada Bay cumulative | Concord cumulative | Difference |
|---|---|---|---|
| Year 1 | $7,375 | $7,591 | $216 |
| Year 3 | $22,795 | $23,463 | $668 |
| Year 5 | $39,155 | $40,302 | $1,147 |
| Year 10 | $84,546 | $87,022 | $2,476 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Canada Bay or Concord cheaper to live in?
Canada Bay is cheaper to run by car at $7,375 per year versus $7,591 for Concord, a difference of $216 annually. Figures cover council rates, water, commute (ATO 91c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Canada Bay and Concord?
Annual council rates for a house are $1,268 in Canada Bay (Canada Bay rates (OLG) and $1,268 in Concord (Canada Bay rates (OLG). Water and sewerage adds $1,548 in Canada Bay and $1,548 in Concord. 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 Canada Bay and Concord?
Annual driving commute costs are $2,709 from Canada Bay and $2,925 from Concord to Sydney CBD (ATO 91c/km). Public transport costs $1,920 from Canada Bay and $1,920 from Concord.
What is the 10-year cost difference between Canada Bay and Concord?
At 3% annual cost growth, Canada Bay costs a cumulative $84,546 and Concord costs $87,022 over 10 years by car. The cumulative difference is $2,476 in favour of Canada Bay. Excludes purchase price, mortgage, and personal expenses.
Which of Canada Bay and Concord suits you better?
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Sources: Canada Bay rates (OLG and Canada Bay 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.