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7.1 km from CBD
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True annual cost of living in Wareemba, NSW 2046

Living in a house in Wareemba costs about $8,027 a year: council rates, water and sewerage, commute and home insurance combined. Wareemba sits 7.1 kilometres from Sydney CBD. Unit costs reach $8,357, with the $2,600 body corporate levy accounting for the entire difference between the two. Switching from driving to public transport saves $341 per year at this distance.

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

3 key insights

Running costs sit near the Canada Bay average, cheaper than 67% of suburbs in the region.
Home insurance is the biggest expense at $2,950, roughly 37% 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
$8,027
Driving · per year
$669/month
Unit annual cost
$8,357
Incl. body corporate
$696/month
House vs unit difference
+$330
Unit costs more per year

Annual cost breakdown

Council rates
Canada Bay rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$1,268
Water & sewerage
Sydney Water 2026-27
$1,548
Driving commute
ATO 91c/km · 7.1km from CBD · 192 days
$2,261
Home insurance
Estimated · flood High · fire Low
$2,950
Total annual running cost
$8,027
($669/month)
Near Canada Bay average
SuburbCost affordability score ●●●○○ 6.0/10 Average
Cheaper to run than 67% of Canada Bay suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).

Estimated electricity cost

typical 2-person household
House
$2,342/yr
5,238 kWh
Unit
$1,909/yr
3,929 kWh
Estimated from AER residential benchmarks for Wareemba'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 Wareemba

within a 2 km walk
Nearest stop
Chiswick, 1,610 m away, about a 20 minute walk. It is a ferry stop.
Nearest hospital
Concord Private Hospital, 2,543 m away, about a 32 minute walk.
Supermarkets
2
Cafes
16
Parks
58
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 Wareemba with another suburb

Frequently asked questions about Wareemba

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

Public transport saves Wareemba residents $341 per year. Annual commute cost by car is $2,261 versus $1,920 by public transport using the Opal network.

What are the council rates in Wareemba?

Wareemba falls under Canada Bay Council. The average residential rate for 2026-27 is $1,268 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 $1,268 per year. These figures cover the general rate only and exclude waste and cleansing charges.

What does it cost to run a unit in Wareemba?

Running a unit in Wareemba costs approximately $8,357 per year by car or $8,016 by public transport. This includes council rates of $1,268, water and sewerage $1,548, estimated body corporate levy of $2,600, and contents insurance of $680. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Is Wareemba close to public transport?

The nearest scheduled service to the centre of Wareemba is Chiswick, a ferry stop about 1,610 m away, about a 20 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 Wareemba?

The closest hospital to the centre of Wareemba is Concord Private Hospital, about 2,543 m away, about a 32 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 Wareemba?

Within a 2 km walk of the centre of Wareemba there are 2 supermarkets, 16 cafes and 58 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: Canada Bay 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.