Fishermans Reach vs Rainbow Reach, true annual running costs compared 2026
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Fishermans Reach and Rainbow Reach are both Kempsey rates (OLG suburbs, and are commonly compared by buyers weighing up running costs within the same council area.
Rainbow Reach runs $300 a year cheaper than Fishermans Reach, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $3,439.
Over 10 years the gap between these two is about $3,400, about $7 a week, and most of it is the AI-estimated insurance line.
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Rainbow Reach
Annual cost breakdown
| Category | Fishermans Reach | Rainbow Reach | Difference |
|---|---|---|---|
| Council rates Official, 2026-27 | $1,492 | $1,492 | - |
| Water & sewerage Estimated | $1,300 | $1,300 | - |
| Commute (driving) Modelled, 2026-27 | $18,200 | $18,200 | - |
| Commute (public transport) Modelled, 2026-27 | $18,200 | $18,200 | - |
| Home insurance Estimated | $2,650 | $2,350 | +$300 |
| Body corporate (unit) Estimated | $1,500 | $1,500 | - |
| Total (driving) | $23,642 | $23,342 | +$300 |
| Total (public transport) | $23,642 | $23,342 | +$300 |
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 | Fishermans Reach | Rainbow Reach | Difference |
|---|---|---|---|
| House | $2,774 | $2,774 | - |
| Unit | $2,329 | $2,329 | - |
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, Fishermans Reach vs Rainbow Reach (2026-27)
What the numbers show
Fishermans Reach and Rainbow Reach differ by $300 a year by car, but $300 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 $0, so neither suburb is named cheaper here.
The biggest single gap is home insurance at $300 per year. Fishermans Reach carries high flood risk, which pushes estimated premiums higher.
On public transport the gap is $300 per year, $23,642 from Fishermans Reach versus $23,342 from Rainbow Reach.
Where the difference actually comes from
- Council rates is identical at $1,492 a year.
- Water and sewerage is identical at $1,300 a year.
- Driving commute is identical at $18,200 a year.
- Building insurance favours Rainbow Reach by $300 a year, $2,350 against $2,650.
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 the insurance band.
Fire risk is rated high in Fishermans Reach against medium in Rainbow Reach, which feeds the insurance estimate.
10-year cumulative cost projection
| Year | Fishermans Reach cumulative | Rainbow Reach cumulative | Difference |
|---|---|---|---|
| Year 1 | $23,642 | $23,342 | $300 |
| Year 3 | $73,075 | $72,148 | $927 |
| Year 5 | $125,519 | $123,926 | $1,593 |
| Year 10 | $271,029 | $267,590 | $3,439 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Fishermans Reach or Rainbow Reach cheaper to live in?
Neither is named cheaper. Fishermans Reach runs $23,642 a year by car and Rainbow Reach $23,342, but most of the $300 difference is the building insurance estimate rather than a published figure. On council rates, water and the commute, which are sourced, the gap is $0. Source: SuburbCost 2026 data.
What are council rates in Fishermans Reach and Rainbow Reach?
Annual council rates for a house are $1,492 in Fishermans Reach (Kempsey rates (OLG) and $1,492 in Rainbow Reach (Kempsey rates (OLG). Water and sewerage adds $1,300 in Fishermans Reach and $1,300 in Rainbow Reach. 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 Fishermans Reach and Rainbow Reach?
Fishermans Reach carries a flat regional driving allowance of $18,200, about 20,000 km of household driving a year, because it is more than 100 km from Sydney CBD. Rainbow Reach carries a flat regional driving allowance of $18,200, about 20,000 km of household driving a year, because it is more than 100 km from Sydney CBD. No daily public transport commute is assumed from either suburb, so both are costed by car.
What is the 10-year cost difference between Fishermans Reach and Rainbow Reach?
At 3% annual cost growth, Fishermans Reach costs a cumulative $271,029 and Rainbow Reach costs $267,590 over 10 years by car. The cumulative difference is $3,439 in favour of Rainbow Reach. Excludes purchase price, mortgage, and personal expenses.
Which of Fishermans Reach and Rainbow Reach suits you better?
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Sources: Kempsey rates (OLG and Kempsey 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.