Newington vs Sydney Olympic Park: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Newington and Sydney Olympic Park are both Parramatta rates (OLG suburbs, sitting 14.6 km and 13.5 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
The two sit within $241 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 →Newington
Sydney Olympic Park
Annual cost breakdown
| Category | Newington | Sydney Olympic Park | Difference |
|---|---|---|---|
| Council rates | $1,156 | $1,156 | - |
| Water & sewerage | $1,548 | $1,548 | - |
| Commute (driving) | $4,033 | $3,792 | +$241 |
| Commute (public transport) | $2,386 | $2,386 | - |
| Home insurance | $2,950 | $2,950 | - |
| Body corporate (unit) | $2,300 | $2,300 | - |
| Total (driving) | $9,687 | $9,446 | +$241 |
| Total (public transport) | $8,040 | $8,040 | - |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Newington | Sydney Olympic Park | Difference |
|---|---|---|---|
| House | $2,420 | $2,420 | - |
| Unit | $1,920 | $1,920 | - |
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 — Newington vs Sydney Olympic Park (2026-27)
What the numbers show
Newington and Sydney Olympic Park cost within $241 of each other annually by car. Over ten years with 3% annual growth the gap reaches roughly $2,763, making running cost a minor factor in the decision.
The biggest single gap is commute costs at $241 per year. Newington is 14.6 km from Sydney CBD, which drives higher annual driving costs at the ATO rate of 88c/km.
On public transport the two suburbs cost almost the same, $8,040 and $8,040 a year, so the $241 driving gap nearly closes if you commute by public transport.
10-year cumulative cost projection
| Year | Newington cumulative | Sydney Olympic Park cumulative | Difference |
|---|---|---|---|
| Year 1 | $9,687 | $9,446 | $241 |
| Year 3 | $29,942 | $29,197 | $745 |
| Year 5 | $51,430 | $50,150 | $1,280 |
| Year 10 | $111,051 | $108,288 | $2,763 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Newington or Sydney Olympic Park cheaper to live in?
Sydney Olympic Park is cheaper to run by car at $9,446 per year versus $9,687 for Newington, a difference of $241 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Newington and Sydney Olympic Park?
Annual council rates for a house are $1,156 in Newington (Parramatta rates (OLG) and $1,156 in Sydney Olympic Park (Parramatta rates (OLG). Water and sewerage adds $1,548 in Newington and $1,548 in Sydney Olympic Park. 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 Newington and Sydney Olympic Park?
Annual driving commute costs are $4,033 from Newington and $3,792 from Sydney Olympic Park to Sydney CBD (ATO 88c/km). Public transport costs $2,386 from Newington and $2,386 from Sydney Olympic Park.
What is the 10-year cost difference between Newington and Sydney Olympic Park?
At 3% annual cost growth, Newington costs a cumulative $111,051 and Sydney Olympic Park costs $108,288 over 10 years by car. The cumulative difference is $2,763 in favour of Sydney Olympic Park. Excludes purchase price, mortgage, and personal expenses.
Which of Newington and Sydney Olympic Park 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: Parramatta rates (OLG and Parramatta 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.