Coochiemudlo Island vs Victoria Point, true annual running costs compared 2026
Last updated July 2026 · council rates 2026-27 (QLD), ATO 91c/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 $115 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 the gap between these two is about $1,300, about $3 a week, and most of it is the AI-estimated insurance line.
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Victoria Point
Annual cost breakdown
| Category | Coochiemudlo Island | Victoria Point | Difference |
|---|---|---|---|
| Council rates Official, 2026-27 | $1,436 | $1,436 | - |
| Water & sewerage Official, 2026-27 | $2,308 | $2,308 | - |
| Commute (driving) Modelled, 2026-27 | $6,716 | $6,451 | +$265 |
| Commute (public transport) Modelled, 2026-27 | $192 | $192 | - |
| Home insurance Estimated | $2,150 | $2,300 | -$150 |
| Body corporate (unit) Estimated | $2,400 | $2,800 | -$400 |
| Total (driving) | $12,610 | $12,495 | +$115 |
| Total (public transport) | $6,086 | $6,236 | -$150 |
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: minimum residential general rate (QLD).
| Dwelling | Coochiemudlo Island | Victoria Point | Difference |
|---|---|---|---|
| House | $2,135 | $2,135 | - |
| Unit | $1,776 | $1,776 | - |
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, Coochiemudlo Island vs Victoria Point (2026-27)
What the numbers show
Coochiemudlo Island and Victoria Point differ by $115 a year by car, but $150 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 $265, so neither suburb is named cheaper here.
The biggest single gap is commute costs at $265 per year. Coochiemudlo Island is 32.1 km from Brisbane CBD, which drives higher annual driving costs at the ATO rate of 91c/km.
On public transport the two suburbs cost almost the same, $6,086 and $6,236 a year, so the $115 driving gap nearly closes if you commute by public transport.
Where the difference actually comes from
- Council rates is identical at $1,436 a year.
- Water and sewerage is identical at $2,308 a year.
- Driving commute favours Victoria Point by $265 a year, $6,451 against $6,716.
- Building insurance favours Coochiemudlo Island by $150 a year, $2,150 against $2,300.
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.
10-year cumulative cost projection
| Year | Coochiemudlo Island cumulative | Victoria Point cumulative | Difference |
|---|---|---|---|
| Year 1 | $12,610 | $12,495 | $115 |
| Year 3 | $38,976 | $38,621 | $355 |
| Year 5 | $66,948 | $66,338 | $610 |
| Year 10 | $144,560 | $143,241 | $1,319 |
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?
Neither is named cheaper. Coochiemudlo Island runs $12,610 a year by car and Victoria Point $12,495, but most of the $115 difference is the building insurance estimate rather than a published figure. On council rates, water and the commute, which are sourced, the gap is $265. 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 $6,716 from Coochiemudlo Island and $6,451 from Victoria Point to Brisbane CBD (ATO 91c/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 $144,560 and Victoria Point costs $143,241 over 10 years by car. The cumulative difference is $1,319 in favour of Victoria Point. Excludes purchase price, mortgage, and personal expenses.
Which of Coochiemudlo Island and Victoria Point suits you better?
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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 91c/km, and SuburbCost insurance estimates from ACCC premium rates. Data updated July 2026.