Compare suburbs Suburbs Council rates Cost of living calculator Electricity calculator About Blog
Map of Palmwoods
14.2 km from CBD
Home  ·  Suburbs  ·  Palmwoods

True annual cost of living in Palmwoods, QLD 4555

Living in a house in Palmwoods costs about $10,912 a year: council rates, water and sewerage, commute and home insurance combined. Palmwoods sits 14.2 kilometres from Brisbane CBD. Unit costs come in at $10,522, as lower council rates more than offset the $2,000 body corporate levy. Switching from driving to public transport saves $3,755 per year at this distance.

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

3 key insights
Running costs sit near the Sunshine Coast Council average, cheaper than 55% of suburbs in the region.
The commute is the biggest expense at $3,947, roughly 36% 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
$10,912
Driving · per year
$909/month
Lower cost
Unit annual cost
$10,522
Incl. body corporate
$877/month
House vs unit difference
−$390
Unit is cheaper per year
Annual cost breakdown
Council rates
Sunshine Coast Council 2026-27 · minimum rate
$1,771
Water & sewerage
Unitywater (Sunshine Coast/Noosa) 2026-27
$2,094
Driving commute
ATO 88c/km · 14.2km from CBD · 192 days
$3,947
Home insurance
Estimated · flood Low · fire High
$3,100
Total annual running cost
$10,912
($909/month)
Near Sunshine Coast Council average
SuburbCost affordability score ●●●○○ 5.0/10 Average
Cheaper to run than 55% of Sunshine Coast Council suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost typical 2-person household
House
$1,976/yr
5,126 kWh
Unit
$1,591/yr
3,845 kWh
Estimated from AER residential benchmarks for Palmwoods's climate zone at 2025 rates. Get the free report for a breakdown by your exact number of occupants.
Compare Palmwoods with another suburb
Is it cheaper to drive or take public transport from Palmwoods to the CBD?
Public transport saves Palmwoods residents $3,755 per year. Annual commute cost by car is $3,947 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Palmwoods?
Palmwoods falls under Sunshine Coast Council. The minimum residential general rate for 2026-27 is $1,771 per year for an owner-occupied house. Properties on higher land value pay more. Unit owners in strata schemes pay $1,771 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Palmwoods?
Running a unit in Palmwoods costs approximately $10,522 per year by car or $6,767 by public transport. This includes council rates of $1,771, water and sewerage $2,094, estimated body corporate levy of $2,000, and contents insurance of $710. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Compare up to five suburbs.

Free 5-page PDF report. Enter your suburbs below.

Included:
Annual cost breakdown
10-year cost projection
School scores & catchments
Flood & fire risk ratings
Crime risk ratings
AI suburb recommendations
Up to 5 suburbs, side by side
I'm looking at a
When are you planning to buy or move?
We'll never share your email. Unsubscribe anytime.
Opening your report…
Your report is opening in a new tab. Check your inbox if it doesn't appear within a minute.
Data sources: Council rates: Sunshine Coast Council 2026-27. Water: Unitywater (Sunshine Coast/Noosa) 2026-27. Commute: ATO cents per kilometre rate 2025–26 (88c/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.