Living in a house in Banyo costs about $8,215 a year: council rates, water and sewerage, commute and home insurance combined. Banyo sits 11.6 kilometres from Brisbane CBD. Unit costs reach $9,603, with the $2,600 body corporate levy accounting for the entire difference between the two. Switching from driving to public transport saves $3,273 per year at this distance.
SuburbCost affordability score ●●●○○6.3/10 Average
Cheaper to run than 56% of Brisbane City 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 Banyo'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 Banyo
within a 2 km walk
Nearest stop
Banyo, 630 m away, about an 8 minute walk. It is a train stop.
Nearest hospital
Nundah Community Health Centre, 2,860 m away, about a 36 minute walk.
Supermarkets
6
Cafes
6
Parks
25
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 Banyo to the CBD?
Public transport saves Banyo residents $3,273 per year. Annual commute cost by car is $3,465 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Banyo?
Banyo falls under Brisbane City Council. The minimum residential general rate for 2026-27 is $950 per year for an owner-occupied house. Properties on higher land value pay more. Unit owners in strata schemes pay $1,138 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Banyo?
Running a unit in Banyo costs approximately $9,603 per year by car or $6,330 by public transport. This includes council rates of $1,138, water and sewerage $1,900, estimated body corporate levy of $2,600, and contents insurance of $500. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Banyo close to public transport?
The nearest scheduled service to the centre of Banyo is Banyo, a train stop about 630 m away, about an 8 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 Banyo?
The closest hospital to the centre of Banyo is Nundah Community Health Centre, about 2,860 m away, about a 36 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 Banyo?
Within a 2 km walk of the centre of Banyo there are 6 supermarkets, 6 cafes and 25 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: Brisbane City Council 2026-27. Water: Queensland Urban Utilities 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.