True annual cost of living in Castlereagh, NSW 2749
Living in a house in Castlereagh costs about $11,909 a year: council rates, water and sewerage, commute and home insurance combined. Castlereagh sits 53.8 kilometres from Sydney CBD. Unit costs reach $12,009, with the $2,100 body corporate levy accounting for the entire difference between the two. At 53.8km, the commute dominates running costs. Drivers pay $3,757 more per year than public transport users.
SuburbCost affordability score ●●●○○6.3/10 Average
Cheaper to run than 70% of Penrith suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost
typical 2-person household
House
$2,720/yr
6,060 kWh
Unit
$2,209/yr
4,545 kWh
Estimated from AER residential benchmarks for Castlereagh'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 Castlereagh
within a 2 km walk
Nearest stop
No scheduled service within a 2 km walk of the suburb centre.
Supermarkets
0
Cafes
0
Parks
1
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 Castlereagh to the CBD?
Public transport saves Castlereagh residents $3,757 per year. Annual commute cost by car is $6,157 versus $2,400 by public transport using the Opal network.
What are the council rates in Castlereagh?
Castlereagh falls under Penrith Council. The average residential rate for 2026-27 is $1,604 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $1,604 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Castlereagh?
Running a unit in Castlereagh costs approximately $12,009 per year by car or $8,252 by public transport. This includes council rates of $1,604, water and sewerage $1,548, estimated body corporate levy of $2,100, and contents insurance of $600. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Castlereagh close to public transport?
No scheduled public transport stop was found within a 2 km walk of the centre of Castlereagh. The running cost on this page assumes driving, which is why the commute component is the largest line for most suburbs in this position.
What shops and parks are in Castlereagh?
Within a 2 km walk of the centre of Castlereagh there are 0 supermarkets, 0 cafes and 1 park. 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: Penrith rates (OLG 2024-25 + IPART 2026-27 peg). Water: Sydney Water 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data updated 2026-07. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.