True annual cost of living in Peel Island, QLD 4184
Peel Island sits 32.7 kilometres from Brisbane CBD. Annual running costs for a house total $18,945, covering council rates, water and sewerage, commute and home insurance. Unit costs come in at $18,375, as lower council rates more than offset the $2,000 body corporate levy. At 32.7km, the commute dominates running costs. Drivers pay $11,688 more per year than public transport users.
Annual cost — house
$18,945
Driving · per year
$1,579/month
Lower cost
Annual cost — unit
$18,375
Incl. body corporate
$1,531/month
House vs unit difference
−$570
Unit is cheaper per year
Annual cost breakdown
Council rates
Redland City Council 2025-26
$1,728
Water & sewerage
Redland City Council Water & Sewerage 2025-26
$2,037
Commute — driving
ATO 88c/km · 32.7km from CBD · 192 days
$11,880
Home insurance
Estimated — flood Low, fire High
$3,300
Body corporate
Estimated
$2,000
Total annual running cost
$18,945
($1,579/month)
Near Redland City Council average
SuburbCost affordability score ●○○○○2.9/10
Compare Peel Island with another suburb
Nearby: No nearby suburbs with data found
Is it cheaper to drive or take public transport from Peel Island to the CBD?
Public transport saves Peel Island residents $11,688 per year. Annual commute cost by car is $11,880 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Peel Island?
Peel Island falls under Redland City Council. The residential general rate for 2025–26 is $1,728 per year for an owner-occupied house. Unit owners in strata schemes pay $1,728 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Peel Island?
Running a unit in Peel Island costs approximately $18,375 per year by car or $6,687 by public transport. This includes council rates of $1,728, water and sewerage $2,037, estimated body corporate levy of $2,000, and contents insurance of $730. Body corporate fees vary significantly between buildings — always confirm the actual levy before purchasing.
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Data sources: Council rates: Redland City Council 2025-26. Water: Redland City Council Water & Sewerage 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.