Kooringal vs Lake Albert: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Kooringal and Lake Albert are both Wagga Wagga rates (OLG suburbs, sitting 378.6 km and 378.9 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Kooringal runs $450 a year cheaper than Lake Albert, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $5,159.
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 →Kooringal
Lake Albert
Annual cost breakdown
| Category | Kooringal | Lake Albert | Difference |
|---|---|---|---|
| Council rates | $1,294 | $1,294 | - |
| Water & sewerage | $1,300 | $1,300 | - |
| Commute (driving) | $17,600 | $17,600 | - |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $1,700 | $2,150 | -$450 |
| Body corporate (unit) | $1,500 | $1,500 | - |
| Total (driving) | $21,894 | $22,344 | -$450 |
| Total (public transport) | $6,694 | $7,144 | -$450 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Kooringal | Lake Albert | Difference |
|---|---|---|---|
| House | $2,453 | $2,453 | - |
| Unit | $1,944 | $1,944 | - |
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 — Kooringal vs Lake Albert (2026-27)
What the numbers show
Kooringal costs $450 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $5,159 in favour of Kooringal.
The biggest single gap is home insurance at $450 per year. Lake Albert carries medium flood risk, which pushes estimated premiums higher.
On public transport the gap is $450 per year, $6,694 from Kooringal versus $7,144 from Lake Albert.
10-year cumulative cost projection
| Year | Kooringal cumulative | Lake Albert cumulative | Difference |
|---|---|---|---|
| Year 1 | $21,894 | $22,344 | $450 |
| Year 3 | $67,672 | $69,063 | $1,391 |
| Year 5 | $116,238 | $118,627 | $2,389 |
| Year 10 | $250,990 | $256,149 | $5,159 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Kooringal or Lake Albert cheaper to live in?
Kooringal is cheaper to run by car at $21,894 per year versus $22,344 for Lake Albert, a difference of $450 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Kooringal and Lake Albert?
Annual council rates for a house are $1,294 in Kooringal (Wagga Wagga rates (OLG) and $1,294 in Lake Albert (Wagga Wagga rates (OLG). Water and sewerage adds $1,300 in Kooringal and $1,300 in Lake Albert. 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 Kooringal and Lake Albert?
Annual driving commute costs are $17,600 from Kooringal and $17,600 from Lake Albert to Sydney CBD (ATO 88c/km). Public transport costs $2,400 from Kooringal and $2,400 from Lake Albert.
What is the 10-year cost difference between Kooringal and Lake Albert?
At 3% annual cost growth, Kooringal costs a cumulative $250,990 and Lake Albert costs $256,149 over 10 years by car. The cumulative difference is $5,159 in favour of Kooringal. Excludes purchase price, mortgage, and personal expenses.
Which of Kooringal and Lake Albert 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.
Related comparisons
Sources: Wagga Wagga rates (OLG and Wagga Wagga rates (OLG 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.