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95.2 km from CBD
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True annual cost of living in Myuna Bay, NSW 2264

Living in a house in Myuna Bay costs about $10,011 a year: council rates, water and sewerage, commute and home insurance combined. Myuna Bay sits 95.2 kilometres from Sydney CBD. Unit costs come in at $9,621, as lower council rates more than offset the $1,800 body corporate levy. At 95.2km, the commute dominates running costs. Drivers pay $1,621 more per year than public transport users.

Last updated July 2026 · Lake Macquarie Council rates 2026-27, ATO 88c/km, AER electricity benchmarks

3 key insights
Cheaper to run than 80% of Lake Macquarie suburbs, about 43% below the regional average.
The commute is the biggest expense at $4,021, roughly 40% of the annual total.
Bushfire risk is rated high here, which lifts home insurance. Full risk detail is in the free report.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →
House annual cost
$10,011
Driving · per year
$834/month
Lower cost
Unit annual cost
$9,621
Incl. body corporate
$802/month
House vs unit difference
−$390
Unit is cheaper per year
Annual cost breakdown
Council rates
Lake Macquarie rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$1,763
Water & sewerage
Hunter Water 2026-27
$1,377
Driving commute
ATO 88c/km · 95.2km from CBD · 192 days
$4,021
Home insurance
Estimated · flood Medium · fire High
$2,850
Total annual running cost
$10,011
($834/month)
↓ 43% below Lake Macquarie average
SuburbCost affordability score ●●●○○ 5.9/10 Average
Cheaper to run than 80% of Lake Macquarie suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost typical 2-person household
House
$2,148/yr
5,238 kWh
Unit
$1,716/yr
3,929 kWh
Estimated from AER residential benchmarks for Myuna Bay's climate zone at 2025 rates. Get the free report for a breakdown by your exact number of occupants.
Compare Myuna Bay with another suburb
Is it cheaper to drive or take public transport from Myuna Bay to the CBD?
Public transport saves Myuna Bay residents $1,621 per year. Annual commute cost by car is $4,021 versus $2,400 by public transport using the Opal network.
What are the council rates in Myuna Bay?
Myuna Bay falls under Lake Macquarie Council. The average residential rate for 2026-27 is $1,763 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 $1,763 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Myuna Bay?
Running a unit in Myuna Bay costs approximately $9,621 per year by car or $8,000 by public transport. This includes council rates of $1,763, water and sewerage $1,377, estimated body corporate levy of $1,800, and contents insurance of $660. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

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Data sources: Council rates: Lake Macquarie rates (OLG 2024-25 + IPART 2026-27 peg). Water: Hunter Water 2026-27. Commute: ATO cents per kilometre rate 2025–26 (88c/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.