Coochiemudlo Island vs Victoria Point: true annual running costs compared (2026)
Last updated July 2026 · council rates 2026-27 (QLD), ATO 88c/km, Translink fares, AER electricity benchmarks
Coochiemudlo Island and Victoria Point are both Redland City Council suburbs, sitting 32.1 km and 28.9 km from Brisbane CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
The two sit within $57 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 →Coochiemudlo Island
Victoria Point
Annual cost breakdown
| Category | Coochiemudlo Island | Victoria Point | Difference |
|---|---|---|---|
| Council rates | $1,436 | $1,436 | - |
| Water & sewerage | $2,308 | $2,308 | - |
| Commute (driving) | $6,495 | $6,238 | +$257 |
| Commute (public transport) | $192 | $192 | - |
| Home insurance | $3,000 | $3,200 | -$200 |
| Body corporate (unit) | $2,400 | $2,800 | -$400 |
| Total (driving) | $13,239 | $13,182 | +$57 |
| Total (public transport) | $6,936 | $7,136 | -$200 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: minimum residential general rate (QLD).
| Dwelling | Coochiemudlo Island | Victoria Point | Difference |
|---|---|---|---|
| House | $1,976 | $1,976 | - |
| Unit | $1,591 | $1,591 | - |
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 — Coochiemudlo Island vs Victoria Point (2026-27)
What the numbers show
Coochiemudlo Island and Victoria Point cost within $57 of each other annually by car. Over ten years with 3% annual growth the gap reaches roughly $653, making running cost a minor factor in the decision.
The biggest single gap is commute costs at $257 per year. Coochiemudlo Island is 32.1 km from Brisbane CBD, which drives higher annual driving costs at the ATO rate of 88c/km.
On public transport the gap is $200 per year, $6,936 from Coochiemudlo Island versus $7,136 from Victoria Point.
10-year cumulative cost projection
| Year | Coochiemudlo Island cumulative | Victoria Point cumulative | Difference |
|---|---|---|---|
| Year 1 | $13,239 | $13,182 | $57 |
| Year 3 | $40,920 | $40,744 | $176 |
| Year 5 | $70,288 | $69,985 | $303 |
| Year 10 | $151,770 | $151,117 | $653 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Coochiemudlo Island or Victoria Point cheaper to live in?
Victoria Point is cheaper to run by car at $13,182 per year versus $13,239 for Coochiemudlo Island, a difference of $57 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Coochiemudlo Island and Victoria Point?
Annual council rates for a house are $1,436 in Coochiemudlo Island (Redland City Council) and $1,436 in Victoria Point (Redland City Council). Water and sewerage adds $2,308 in Coochiemudlo Island and $2,308 in Victoria Point. Both figures are the minimum residential general rate; properties on higher land value pay more.
How does the commute cost compare between Coochiemudlo Island and Victoria Point?
Annual driving commute costs are $6,495 from Coochiemudlo Island and $6,238 from Victoria Point to Brisbane CBD (ATO 88c/km). Public transport costs $192 from Coochiemudlo Island and $192 from Victoria Point.
What is the 10-year cost difference between Coochiemudlo Island and Victoria Point?
At 3% annual cost growth, Coochiemudlo Island costs a cumulative $151,770 and Victoria Point costs $151,117 over 10 years by car. The cumulative difference is $653 in favour of Victoria Point. Excludes purchase price, mortgage, and personal expenses.
Which of Coochiemudlo Island and Victoria Point 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.
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Sources: Redland City Council and Redland City Council 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.