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

True annual cost of living in Silverwater, NSW 2128

Living in a house in Silverwater costs about $10,043 a year: council rates, water and sewerage, commute and home insurance combined. Silverwater sits 15.6 kilometres from Sydney CBD. Unit costs reach $10,073, with the $2,300 body corporate levy accounting for the entire difference between the two. At 15.6km from the CBD, transport mode shifts the annual total by $2,003. The gap widens as commute costs rise.

Last updated July 2026 · Parramatta Council rates 2026-27, ATO 91c/km, AER electricity benchmarks

3 key insights

Running costs sit near the Parramatta average, cheaper than 63% of suburbs in the region.
The commute is the biggest expense at $4,389, roughly 44% of the annual total.
Flood 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 →
Lower cost
House annual cost
$10,043
Driving · per year
$837/month
Unit annual cost
$10,073
Incl. body corporate
$839/month
House vs unit difference
+$30
Unit costs more per year

Annual cost breakdown

Council rates
Parramatta rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$1,156
Water & sewerage
Sydney Water 2026-27
$1,548
Driving commute
ATO 91c/km · 15.6km from CBD · 192 days
$4,389
Home insurance
Estimated · flood High · fire Low
$2,950
Total annual running cost
$10,043
($837/month)
Near Parramatta average
SuburbCost affordability score ●●●○○ 5.3/10 Average
Cheaper to run than 63% of Parramatta suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).

Estimated electricity cost

typical 2-person household
House
$2,720/yr
6,060 kWh
Unit
$2,209/yr
4,545 kWh
Estimated from AER residential benchmarks for Silverwater'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 Silverwater

within a 2 km walk
Nearest stop
Auburn, 1,855 m away, about a 23 minute walk. It is a train stop.
Nearest hospital
Saint Joseph's Hospital, 2,096 m away, about a 26 minute walk.
Supermarkets
9
Cafes
12
Parks
39
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-08-07. 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.

Compare Silverwater with another suburb

Frequently asked questions about Silverwater

Is it cheaper to drive or take public transport from Silverwater to the CBD?

Public transport saves Silverwater residents $2,003 per year. Annual commute cost by car is $4,389 versus $2,386 by public transport using the Opal network.

What are the council rates in Silverwater?

Silverwater falls under Parramatta Council. The average residential rate for 2026-27 is $1,156 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 $1,156 per year. These figures cover the general rate only and exclude waste and cleansing charges.

What does it cost to run a unit in Silverwater?

Running a unit in Silverwater costs approximately $10,073 per year by car or $8,070 by public transport. This includes council rates of $1,156, water and sewerage $1,548, estimated body corporate levy of $2,300, and contents insurance of $680. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Is Silverwater close to public transport?

The nearest scheduled service to the centre of Silverwater is Auburn, a train stop about 1,855 m away, about a 23 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 Silverwater?

The closest hospital to the centre of Silverwater is Saint Joseph's Hospital, about 2,096 m away, about a 26 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 Silverwater?

Within a 2 km walk of the centre of Silverwater there are 9 supermarkets, 12 cafes and 39 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.

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: Parramatta rates (OLG 2024-25 + IPART 2026-27 peg). Water: Sydney Water 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/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.