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12.3 km from CBD
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True annual cost of living in Hope Island, QLD 4212

Hope Island sits 12.3 kilometres from Brisbane CBD. Annual running costs for a house total $7,223, covering council rates, water and sewerage, commute and home insurance. Unit costs reach $8,403, with the $3,200 body corporate levy accounting for the entire difference between the two. Switching from driving to public transport saves $847 per year at this distance.

Lower cost
Annual cost — house
$7,223
Driving · per year
$602/month
Annual cost — unit
$8,403
Incl. body corporate
$700/month
House vs unit difference
+$1,180
Unit costs more per year
Annual cost breakdown
Council rates
City of Gold Coast 2025-26
$1,298
Water & sewerage
City of Gold Coast Water & Sewerage 2025-26
$2,086
Commute — driving
ATO 88c/km · 12.3km from CBD · 192 days
$1,039
Home insurance
Estimated — flood High, fire Medium
$2,800
Total annual running cost
$7,223
($602/month)
↓ 8% below City of Gold Coast average
SuburbCost affordability score ●●●○○ 5.7/10
Compare Hope Island with another suburb
Is it cheaper to drive or take public transport from Hope Island to the CBD?
Public transport saves Hope Island residents $847 per year. Annual commute cost by car is $1,039 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Hope Island?
Hope Island falls under City of Gold Coast. The residential general rate for 2025–26 is $1,298 per year for an owner-occupied house. 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 Hope Island?
Running a unit in Hope Island costs approximately $8,403 per year by car or $7,556 by public transport. This includes council rates of $1,298, water and sewerage $2,086, estimated body corporate levy of $3,200, and contents insurance of $780. Body corporate fees vary significantly between buildings — always confirm the actual levy before purchasing.

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Data sources: Council rates: City of Gold Coast 2025-26. Water: City of Gold Coast 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.