True annual cost of living in Lake Wivenhoe, QLD 4311
Lake Wivenhoe sits 91.1 kilometres from Brisbane CBD. Annual running costs for a house total $14,020, covering council rates, water and sewerage, commute and home insurance. Unit costs come in at $12,900, as lower council rates more than offset the $1,400 body corporate levy. At 91.1km, the commute dominates running costs. Drivers pay $7,504 more per year than public transport users.
Annual cost — house
$14,020
Driving · per year
$1,168/month
Lower cost
Annual cost — unit
$12,900
Incl. body corporate
$1,075/month
House vs unit difference
−$1,120
Unit is cheaper per year
Annual cost breakdown
Council rates
Scenic Rim Regional Council 2025-26
$1,300
Water & sewerage
Queensland Urban Utilities 2025-26
$1,824
Commute — driving
ATO 88c/km · 91.1km from CBD · 192 days
$7,696
Home insurance
Estimated — flood Low, fire High
$3,200
Body corporate
Estimated
$1,400
Total annual running cost
$14,020
($1,168/month)
↑ 50% above Scenic Rim Regional Council average
SuburbCost affordability score ●○○○○2.1/10
Compare Lake Wivenhoe with another suburb
Nearby: No nearby suburbs with data found
Is it cheaper to drive or take public transport from Lake Wivenhoe to the CBD?
Public transport saves Lake Wivenhoe residents $7,504 per year. Annual commute cost by car is $7,696 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Lake Wivenhoe?
Lake Wivenhoe falls under Scenic Rim Regional Council. The residential general rate for 2025–26 is $1,300 per year for an owner-occupied house. Unit owners in strata schemes pay $1,300 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Lake Wivenhoe?
Running a unit in Lake Wivenhoe costs approximately $12,900 per year by car or $5,396 by public transport. This includes council rates of $1,300, water and sewerage $1,824, estimated body corporate levy of $1,400, and contents insurance of $680. Body corporate fees vary significantly between buildings — always confirm the actual levy before purchasing.
Your report is opening in a new tab. Check your inbox if it doesn't appear within a minute.
Data sources: Council rates: Scenic Rim Regional Council 2025-26. Water: Queensland Urban Utilities 2025-26. Commute: ATO cents per kilometre rate 2025–26 (88c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA NAPLAN 2025. Risk: Queensland Globe, QFES. Data updated July 2025. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.