Living in a house in Raceview costs about $11,467 a year: council rates, water and sewerage, commute and home insurance combined. Raceview sits 30.8 kilometres from Brisbane CBD. Unit costs reach $12,347, with the $2,000 body corporate levy accounting for the entire difference between the two. At 30.8km, the commute dominates running costs. Drivers pay $6,427 more per year than public transport users.
About $221 a week to run a house here, including estimates
Unit annual cost
$12,347
Incl. body corporate
$1,029/month
About $237 a week to run a unit here, including estimates
House vs unit difference
+$880
Unit costs more per year
Annual cost breakdown
Council rates
Official, 2026-27 Ipswich City Council
$1,298
Water & sewerage
Official, 2026-27 Queensland Urban Utilities
$1,900
Driving commute
Modelled, 2026-27 ATO 91c/km · 30.8km from CBD · 192 days
$6,619
Home insurance
Estimated flood Low · fire Medium
$1,650
Body corporate
Estimated
$2,000
Total annual running cost
$11,467
($956/month, $221/week)
Excludes electricity, estimated separately below. Also excludes the state Emergency Management Levy on your rates notice, $260 a year here (levy class A, 2026-27).
Near Ipswich City Council average
SuburbCost affordability score ●●○○○4.9/10 Poor
Cheaper to run than 45% of Ipswich City Council suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost
typical 2-person household
House
$2,135/yr
5,126 kWh
Unit
$1,776/yr
3,845 kWh
Estimated from AER residential benchmarks for Raceview'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 Raceview
within a 2 km walk
Nearest stop
Salisbury Rd at Thorn Street, 2,022 m away, about a 25 minute walk. It is a bus stop.
Nearest hospital
Ipswich Hospice Care, 1,617 m away, about a 20 minute walk.
Supermarkets
1
Cafes
1
Parks
29
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-11-03. 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 Raceview to the CBD?
Public transport saves Raceview residents $6,427 per year. Annual commute cost by car is $6,619 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Raceview?
Raceview falls under Ipswich City Council. The minimum residential general rate for 2026-27 is $1,298 per year for an owner-occupied house. Properties on higher land value pay more. Unit owners in strata schemes pay $1,298 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Raceview?
Running a unit in Raceview costs approximately $12,347 per year by car or $5,920 by public transport. This includes council rates of $1,298, water and sewerage $1,900, estimated body corporate levy of $2,000, and contents insurance of $530. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Raceview close to public transport?
The nearest scheduled service to the centre of Raceview is Salisbury Rd at Thorn Street, a bus stop about 2,022 m away, about a 25 minute walk. That is measured from the suburb centre, so an individual address can be nearer or further. The commute figure used in the running cost on this page assumes driving, not this service.
What is the closest hospital to Raceview?
The closest hospital to the centre of Raceview is Ipswich Hospice Care, about 1,617 m away, about a 20 minute walk. Distance is straight line from the suburb centre and does not account for the road route or whether the hospital has an emergency department.
What shops and parks are in Raceview?
Within a 2 km walk of the centre of Raceview there is 1 supermarket, 1 cafe and 29 parks. 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: Ipswich City Council 2026-27. Water: Queensland Urban Utilities 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: estimated from ACCC 2026 premium rates for the area's cyclone risk on a standard $600,000 home, adjusted for flood and fire, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Queensland Globe, QFES. Data last verified September 2026. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.