Padstow vs Revesby: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Padstow and Revesby are both Canterbury-Bankstown rates (OLG suburbs, sitting 18.7 km and 20 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Revesby runs $415 a year cheaper than Padstow, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $4,758.
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 →Padstow
Revesby
Annual cost breakdown
| Category | Padstow | Revesby | Difference |
|---|---|---|---|
| Council rates | $1,377 | $1,377 | - |
| Water & sewerage | $1,548 | $1,548 | - |
| Commute (driving) | $5,007 | $5,242 | -$235 |
| Commute (public transport) | $2,386 | $2,386 | - |
| Home insurance | $2,950 | $2,300 | +$650 |
| Body corporate (unit) | $2,300 | $2,300 | - |
| Total (driving) | $10,882 | $10,467 | +$415 |
| Total (public transport) | $8,261 | $7,611 | +$650 |
Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Padstow | Revesby | Difference |
|---|---|---|---|
| House | $2,342 | $2,342 | - |
| Unit | $1,909 | $1,909 | - |
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 — Padstow vs Revesby (2026-27)
What the numbers show
Revesby costs $415 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $4,758 in favour of Revesby.
The biggest single gap is home insurance at $650 per year. Padstow carries high flood risk, which pushes estimated premiums higher.
On public transport the gap is $650 per year, $8,261 from Padstow versus $7,611 from Revesby.
Where the difference actually comes from
- Council rates is identical at $1,377 a year.
- Water and sewerage is identical at $1,548 a year.
- Driving commute favours Padstow by $235 a year, $5,007 against $5,242.
- Building insurance favours Revesby by $650 a year, $2,300 against $2,950.
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 and the insurance band.
Flood risk is rated high in Padstow against medium in Revesby, which feeds the insurance estimate.
10-year cumulative cost projection
| Year | Padstow cumulative | Revesby cumulative | Difference |
|---|---|---|---|
| Year 1 | $10,882 | $10,467 | $415 |
| Year 3 | $33,635 | $32,352 | $1,283 |
| Year 5 | $57,774 | $55,571 | $2,203 |
| Year 10 | $124,750 | $119,992 | $4,758 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Padstow or Revesby cheaper to live in?
Revesby is cheaper to run by car at $10,467 per year versus $10,882 for Padstow, a difference of $415 annually. Figures cover council rates, water, commute (ATO 91c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Padstow and Revesby?
Annual council rates for a house are $1,377 in Padstow (Canterbury-Bankstown rates (OLG) and $1,377 in Revesby (Canterbury-Bankstown rates (OLG). Water and sewerage adds $1,548 in Padstow and $1,548 in Revesby. 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 Padstow and Revesby?
Annual driving commute costs are $5,007 from Padstow and $5,242 from Revesby to Sydney CBD (ATO 91c/km). Public transport costs $2,386 from Padstow and $2,386 from Revesby.
What is the 10-year cost difference between Padstow and Revesby?
At 3% annual cost growth, Padstow costs a cumulative $124,750 and Revesby costs $119,992 over 10 years by car. The cumulative difference is $4,758 in favour of Revesby. Excludes purchase price, mortgage, and personal expenses.
Which of Padstow and Revesby 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: Canterbury-Bankstown rates (OLG and Canterbury-Bankstown 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.