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38.3 km from CBD
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True annual cost of living in Split Yard Creek, QLD 4306

Living in a house in Split Yard Creek costs about $12,930 a year: council rates, water and sewerage, commute and home insurance combined. Split Yard Creek sits 38.3 kilometres from Brisbane CBD. Unit costs come in at $12,330, as lower council rates more than offset the $1,700 body corporate levy. At 38.3km, the commute dominates running costs. Drivers pay $6,554 more per year than public transport users.

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

3 key insights
Costs 11% more to run than the Somerset Regional Council average, cheaper than only 12% of suburbs in the region.
The commute is the biggest expense at $6,746, roughly 52% 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
$12,930
Driving · per year
$1,078/month
Lower cost
Unit annual cost
$12,330
Incl. body corporate
$1,028/month
House vs unit difference
−$600
Unit is cheaper per year
Annual cost breakdown
Council rates
Somerset Regional Council 2026-27 · minimum rate
$1,284
Water & sewerage
Queensland Urban Utilities 2026-27
$1,900
Driving commute
ATO 88c/km · 38.3km from CBD · 192 days
$6,746
Home insurance
Estimated · flood Low · fire High
$3,000
Total annual running cost
$12,930
($1,078/month)
↑ 11% above Somerset Regional Council average
SuburbCost affordability score ●○○○○ 2.6/10 Poor
Cheaper to run than 12% of Somerset Regional 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 Split Yard Creek's climate zone at 2025 rates. Get the free report for a breakdown by your exact number of occupants.
Compare Split Yard Creek with another suburb
Is it cheaper to drive or take public transport from Split Yard Creek to the CBD?
Public transport saves Split Yard Creek residents $6,554 per year. Annual commute cost by car is $6,746 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Split Yard Creek?
Split Yard Creek falls under Somerset Regional Council. The minimum residential general rate for 2026-27 is $1,284 per year for an owner-occupied house. Properties on higher land value pay more. Unit owners in strata schemes pay $1,284 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Split Yard Creek?
Running a unit in Split Yard Creek costs approximately $12,330 per year by car or $5,776 by public transport. This includes council rates of $1,284, water and sewerage $1,900, estimated body corporate levy of $1,700, and contents insurance of $700. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

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Data sources: Council rates: Somerset Regional Council 2026-27. Water: Queensland Urban Utilities 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.