Greenwood vs Silverleigh: true annual running costs compared (2026)
Last updated July 2026 · council rates 2026-27 (QLD), ATO 88c/km, Translink fares, AER electricity benchmarks
Greenwood and Silverleigh are both Toowoomba Regional Council suburbs, sitting 32.5 km and 30.9 km from Brisbane CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
The two sit within $212 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 →Greenwood
Silverleigh
Annual cost breakdown
| Category | Greenwood | Silverleigh | Difference |
|---|---|---|---|
| Council rates | $1,444 | $1,444 | - |
| Water & sewerage | $2,188 | $2,188 | - |
| Commute (driving) | $6,521 | $6,409 | +$112 |
| Commute (public transport) | $192 | $192 | - |
| Home insurance | $2,300 | $2,200 | +$100 |
| Body corporate (unit) | $1,600 | $1,500 | +$100 |
| Total (driving) | $12,453 | $12,241 | +$212 |
| Total (public transport) | $6,124 | $6,024 | +$100 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: minimum residential general rate (QLD).
| Dwelling | Greenwood | Silverleigh | Difference |
|---|---|---|---|
| House | $2,115 | $2,115 | - |
| Unit | $1,696 | $1,696 | - |
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 — Greenwood vs Silverleigh (2026-27)
What the numbers show
Greenwood and Silverleigh cost within $212 of each other annually by car. Over ten years with 3% annual growth the gap reaches roughly $2,431, making running cost a minor factor in the decision.
The biggest single gap is commute costs at $112 per year. Greenwood is 32.5 km from Brisbane CBD, which drives higher annual driving costs at the ATO rate of 88c/km.
On public transport the two suburbs cost almost the same, $6,124 and $6,024 a year, so the $212 driving gap nearly closes if you commute by public transport.
10-year cumulative cost projection
| Year | Greenwood cumulative | Silverleigh cumulative | Difference |
|---|---|---|---|
| Year 1 | $12,453 | $12,241 | $212 |
| Year 3 | $38,491 | $37,836 | $655 |
| Year 5 | $66,115 | $64,989 | $1,126 |
| Year 10 | $142,760 | $140,329 | $2,431 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Greenwood or Silverleigh cheaper to live in?
Silverleigh is cheaper to run by car at $12,241 per year versus $12,453 for Greenwood, a difference of $212 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Greenwood and Silverleigh?
Annual council rates for a house are $1,444 in Greenwood (Toowoomba Regional Council) and $1,444 in Silverleigh (Toowoomba Regional Council). Water and sewerage adds $2,188 in Greenwood and $2,188 in Silverleigh. Both figures are the minimum residential general rate; properties on higher land value pay more.
How does the commute cost compare between Greenwood and Silverleigh?
Annual driving commute costs are $6,521 from Greenwood and $6,409 from Silverleigh to Brisbane CBD (ATO 88c/km). Public transport costs $192 from Greenwood and $192 from Silverleigh.
What is the 10-year cost difference between Greenwood and Silverleigh?
At 3% annual cost growth, Greenwood costs a cumulative $142,760 and Silverleigh costs $140,329 over 10 years by car. The cumulative difference is $2,431 in favour of Silverleigh. Excludes purchase price, mortgage, and personal expenses.
Which of Greenwood and Silverleigh 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: Toowoomba Regional Council and Toowoomba Regional 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.