Lake Hume Village vs Thurgoona: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Lake Hume Village and Thurgoona are both Albury rates (OLG suburbs, sitting 11.2 km and 6.6 km from Albury CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Thurgoona runs $1,250 a year cheaper than Lake Hume Village, driven mostly by the commute. Over 10 years at 3% growth that gap compounds to about $14,330.
Over 10 years, Thurgoona costs about $14,300 less to run than Lake Hume Village — the same as paying $14,300 less for the home. It's the cost no listing shows you.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →Lake Hume Village
Thurgoona
Annual cost breakdown
| Category | Lake Hume Village | Thurgoona | Difference |
|---|---|---|---|
| Council rates | $1,631 | $1,631 | - |
| Water & sewerage | $1,300 | $1,300 | - |
| Commute (driving) | $3,366 | $2,116 | +$1,250 |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $3,100 | $3,100 | - |
| Body corporate (unit) | $1,500 | $1,500 | - |
| Total (driving) | $9,397 | $8,147 | +$1,250 |
| Total (public transport) | $8,431 | $8,431 | - |
Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Lake Hume Village | Thurgoona | Difference |
|---|---|---|---|
| House | $3,115 | $3,150 | -$35 |
| Unit | $2,585 | $2,611 | -$26 |
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 — Lake Hume Village vs Thurgoona (2026-27)
What the numbers show
Thurgoona costs $1,250 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $14,330 in favour of Thurgoona.
The biggest single gap is commute costs at $1,250 per year. Lake Hume Village is 11.2 km from Albury CBD, which drives higher annual driving costs at the ATO rate of 91c/km.
On public transport the two suburbs cost almost the same, $8,431 and $8,431 a year, so the $1,250 driving gap nearly closes if you commute by public transport.
Where the difference actually comes from
- Council rates is identical at $1,631 a year.
- Water and sewerage is identical at $1,300 a year.
- Driving commute favours Thurgoona by $1,250 a year, $2,116 against $3,366.
- Building insurance is identical at $3,100 a year.
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.
10-year cumulative cost projection
| Year | Lake Hume Village cumulative | Thurgoona cumulative | Difference |
|---|---|---|---|
| Year 1 | $9,397 | $8,147 | $1,250 |
| Year 3 | $29,045 | $25,182 | $3,863 |
| Year 5 | $49,890 | $43,254 | $6,636 |
| Year 10 | $107,726 | $93,396 | $14,330 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Lake Hume Village or Thurgoona cheaper to live in?
Thurgoona is cheaper to run by car at $8,147 per year versus $9,397 for Lake Hume Village, a difference of $1,250 annually. Figures cover council rates, water, commute (ATO 91c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Lake Hume Village and Thurgoona?
Annual council rates for a house are $1,631 in Lake Hume Village (Albury rates (OLG) and $1,631 in Thurgoona (Albury rates (OLG). Water and sewerage adds $1,300 in Lake Hume Village and $1,300 in Thurgoona. 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 Lake Hume Village and Thurgoona?
Annual driving commute costs are $3,366 from Lake Hume Village and $2,116 from Thurgoona to Albury CBD (ATO 91c/km). Public transport costs $2,400 from Lake Hume Village and $2,400 from Thurgoona.
What is the 10-year cost difference between Lake Hume Village and Thurgoona?
At 3% annual cost growth, Lake Hume Village costs a cumulative $107,726 and Thurgoona costs $93,396 over 10 years by car. The cumulative difference is $14,330 in favour of Thurgoona. Excludes purchase price, mortgage, and personal expenses.
Which of Lake Hume Village and Thurgoona 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: Albury rates (OLG and Albury rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 91c/km, and SuburbCost AI insurance estimates. Data updated July 2026.