True annual cost of living in Banksia Beach, QLD 4507
Living in a house in Banksia Beach costs about $12,872 a year: council rates, water and sewerage, commute and home insurance combined. Banksia Beach sits 49.2 kilometres from Brisbane CBD. Unit costs reach $13,294, with the $2,200 body corporate levy accounting for the entire difference between the two. At 49.2km, the commute dominates running costs. Drivers pay $6,427 more per year than public transport users.
Moreton Bay Regional Council 2026-27 · minimum rate
$1,309
Water & sewerage
Unitywater (Moreton Bay) 2026-27
$2,144
Driving commute
ATO 91c/km · 49.2km from CBD · 192 days
$6,619
Home insurance
Estimated · flood Medium · fire Medium
$2,800
Body corporate
Estimated
$2,200
Total annual running cost
$12,872
($1,073/month)
Near Moreton Bay Regional Council average
SuburbCost affordability score ●●●○○5.3/10 Average
Cheaper to run than 46% of Moreton Bay Regional Council suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost
typical 2-person household
House
$2,135/yr
5,126 kWh
Unit
$1,776/yr
3,845 kWh
Estimated from AER residential benchmarks for Banksia Beach's climate zone at 2026-27 regulated prices for its electricity network. Get the free report for a breakdown by your exact number of occupants.
Getting around Banksia Beach
within a 2 km walk
Nearest stop
Bribie Island park 'n' ride, 3,219 m away, about a 40 minute walk. It is a bus stop.
Nearest hospital
Bribie Island Satellite Health Centre, 5,226 m away, about a 65 minute walk.
Supermarkets
1
Cafes
0
Parks
30
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-08-07. Distances are straight line from that centre, so a specific address can be closer or further. Mapping is contributed and can lag a new opening.
Is it cheaper to drive or take public transport from Banksia Beach to the CBD?
Public transport saves Banksia Beach residents $6,427 per year. Annual commute cost by car is $6,619 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Banksia Beach?
Banksia Beach falls under Moreton Bay Regional Council. The minimum residential general rate for 2026-27 is $1,309 per year for an owner-occupied house. Properties on higher land value pay more. Unit owners in strata schemes pay $1,651 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Banksia Beach?
Running a unit in Banksia Beach costs approximately $13,294 per year by car or $6,867 by public transport. This includes council rates of $1,651, water and sewerage $2,144, estimated body corporate levy of $2,200, and contents insurance of $680. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Banksia Beach close to public transport?
The nearest scheduled service to the centre of Banksia Beach is Bribie Island park 'n' ride, a bus stop about 3,219 m away, about a 40 minute walk. That is measured from the suburb centre, so an individual address can be nearer or further. The commute figure used in the running cost on this page assumes driving, not this service.
What is the closest hospital to Banksia Beach?
The closest hospital to the centre of Banksia Beach is Bribie Island Satellite Health Centre, about 5,226 m away, about a 65 minute walk. Distance is straight line from the suburb centre and does not account for the road route or whether the hospital has an emergency department.
What shops and parks are in Banksia Beach?
Within a 2 km walk of the centre of Banksia Beach there is 1 supermarket, 0 cafes and 30 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.
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Data sources: Council rates: Moreton Bay Regional Council 2026-27. Water: Unitywater (Moreton Bay) 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Queensland Globe, QFES. Data updated 2026-07. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.