Locksley vs Wambool: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Locksley and Wambool are both Bathurst Regional rates (OLG suburbs, sitting 136.8 km and 139.8 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Wambool runs $400 a year cheaper than Locksley, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $4,586.
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 →Locksley
Wambool
Annual cost breakdown
| Category | Locksley | Wambool | Difference |
|---|---|---|---|
| Council rates | $1,341 | $1,341 | - |
| Water & sewerage | $1,300 | $1,300 | - |
| Commute (driving) | $17,600 | $17,600 | - |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $2,400 | $2,000 | +$400 |
| Body corporate (unit) | $1,800 | $1,800 | - |
| Total (driving) | $22,641 | $22,241 | +$400 |
| Total (public transport) | $7,441 | $7,041 | +$400 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Locksley | Wambool | Difference |
|---|---|---|---|
| House | $2,554 | $2,554 | - |
| Unit | $2,020 | $2,020 | - |
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 — Locksley vs Wambool (2026-27)
What the numbers show
Wambool costs $400 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $4,586 in favour of Wambool.
The biggest single gap is home insurance at $400 per year.
On public transport the gap is $400 per year, $7,441 from Locksley versus $7,041 from Wambool.
10-year cumulative cost projection
| Year | Locksley cumulative | Wambool cumulative | Difference |
|---|---|---|---|
| Year 1 | $22,641 | $22,241 | $400 |
| Year 3 | $69,981 | $68,745 | $1,236 |
| Year 5 | $120,204 | $118,080 | $2,124 |
| Year 10 | $259,554 | $254,968 | $4,586 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Locksley or Wambool cheaper to live in?
Wambool is cheaper to run by car at $22,241 per year versus $22,641 for Locksley, a difference of $400 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Locksley and Wambool?
Annual council rates for a house are $1,341 in Locksley (Bathurst Regional rates (OLG) and $1,341 in Wambool (Bathurst Regional rates (OLG). Water and sewerage adds $1,300 in Locksley and $1,300 in Wambool. 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 Locksley and Wambool?
Annual driving commute costs are $17,600 from Locksley and $17,600 from Wambool to Sydney CBD (ATO 88c/km). Public transport costs $2,400 from Locksley and $2,400 from Wambool.
What is the 10-year cost difference between Locksley and Wambool?
At 3% annual cost growth, Locksley costs a cumulative $259,554 and Wambool costs $254,968 over 10 years by car. The cumulative difference is $4,586 in favour of Wambool. Excludes purchase price, mortgage, and personal expenses.
Which of Locksley and Wambool 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: Bathurst Regional rates (OLG and Bathurst Regional 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.