Renwick vs Welby, true annual running costs compared 2026
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Renwick and Welby are both Wingecarribee rates (OLG suburbs, sitting 93.4 km and 95.6 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Renwick runs $647 a year cheaper than Welby, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $7,417.
Over 10 years the gap between these two is about $7,400, about $14 a week, and most of it is the AI-estimated insurance line.
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Welby
Annual cost breakdown
| Category | Renwick | Welby | Difference |
|---|---|---|---|
| Council rates Official, 2026-27 | $2,140 | $2,140 | - |
| Water & sewerage Estimated | $1,300 | $1,300 | - |
| Commute (driving) Modelled, 2026-27 | $4,079 | $4,176 | -$97 |
| Commute (public transport) Modelled, 2026-27 | $2,400 | $2,400 | - |
| Home insurance Estimated | $1,300 | $1,850 | -$550 |
| Body corporate (unit) Estimated | $1,800 | $1,800 | - |
| Total (driving) | $8,819 | $9,466 | -$647 |
| Total (public transport) | $7,140 | $7,690 | -$550 |
Totals exclude electricity, estimated separately below. Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance estimated from ACCC premium rates; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Renwick | Welby | Difference |
|---|---|---|---|
| House | $2,720 | $2,720 | - |
| Unit | $2,209 | $2,209 | - |
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, Renwick vs Welby (2026-27)
What the numbers show
Renwick and Welby differ by $647 a year by car, but $550 of that is the building insurance estimate rather than a published figure. On the sourced costs, council rates, water and the commute, the gap is $97, so neither suburb is named cheaper here.
The biggest single gap is home insurance at $550 per year.
On public transport the gap is $550 per year, $7,140 from Renwick versus $7,690 from Welby.
Where the difference actually comes from
- Council rates is identical at $2,140 a year.
- Water and sewerage is identical at $1,300 a year.
- Driving commute favours Renwick by $97 a year, $4,079 against $4,176.
- Building insurance favours Renwick by $550 a year, $1,300 against $1,850.
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.
Fire risk is rated high in Welby against low in Renwick, which feeds the insurance estimate.
10-year cumulative cost projection
| Year | Renwick cumulative | Welby cumulative | Difference |
|---|---|---|---|
| Year 1 | $8,819 | $9,466 | $647 |
| Year 3 | $27,259 | $29,258 | $1,999 |
| Year 5 | $46,821 | $50,256 | $3,435 |
| Year 10 | $101,100 | $108,517 | $7,417 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Renwick or Welby cheaper to live in?
Neither is named cheaper. Renwick runs $8,819 a year by car and Welby $9,466, but most of the $647 difference is the building insurance estimate rather than a published figure. On council rates, water and the commute, which are sourced, the gap is $97. Source: SuburbCost 2026 data.
What are council rates in Renwick and Welby?
Annual council rates for a house are $2,140 in Renwick (Wingecarribee rates (OLG) and $2,140 in Welby (Wingecarribee rates (OLG). Water and sewerage adds $1,300 in Renwick and $1,300 in Welby. 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 Renwick and Welby?
Annual driving commute costs are $4,079 from Renwick and $4,176 from Welby to Sydney CBD (ATO 91c/km). Public transport costs $2,400 from Renwick and $2,400 from Welby.
What is the 10-year cost difference between Renwick and Welby?
At 3% annual cost growth, Renwick costs a cumulative $101,100 and Welby costs $108,517 over 10 years by car. The cumulative difference is $7,417 in favour of Renwick. Excludes purchase price, mortgage, and personal expenses.
Which of Renwick and Welby suits you better?
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Sources: Wingecarribee rates (OLG and Wingecarribee rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 91c/km, and SuburbCost insurance estimates from ACCC premium rates. Data updated July 2026.