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17.6 km from CBD
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True annual cost of living in Underwood, QLD 4119

Underwood sits 17.6 kilometres from Brisbane CBD. Annual running costs for a house total $6,830, covering council rates, water and sewerage, commute and home insurance. Unit costs reach $7,630, with the $2,800 body corporate levy accounting for the entire difference between the two. At 17.6km from the CBD, transport mode shifts the annual total by $1,295. The gap widens as commute costs rise.

Lower cost
Annual cost — house
$6,830
Driving · per year
$569/month
Annual cost — unit
$7,630
Incl. body corporate
$636/month
House vs unit difference
+$800
Unit costs more per year
Annual cost breakdown
Council rates
Brisbane City Council 2025-26
$1,519
Water & sewerage
Queensland Urban Utilities 2025-26
$1,824
Commute — driving
ATO 88c/km · 17.6km from CBD · 192 days
$1,487
Home insurance
Estimated — flood Low, fire Medium
$2,000
Total annual running cost
$6,830
($569/month)
Near Brisbane City Council average
SuburbCost affordability score ●●●○○ 5.5/10
Compare Underwood with another suburb
Is it cheaper to drive or take public transport from Underwood to the CBD?
Public transport saves Underwood residents $1,295 per year. Annual commute cost by car is $1,487 versus $192 by public transport using Translink's flat 50 cent fare.
What are the council rates in Underwood?
Underwood falls under Brisbane City Council. The residential general rate for 2025–26 is $1,519 per year for an owner-occupied house. Unit owners in strata schemes pay $999 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Underwood?
Running a unit in Underwood costs approximately $7,630 per year by car or $6,335 by public transport. This includes council rates of $999, water and sewerage $1,824, estimated body corporate levy of $2,800, and contents insurance of $520. Body corporate fees vary significantly between buildings — always confirm the actual levy before purchasing.

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Data sources: Council rates: Brisbane City Council 2025-26. Water: Queensland Urban Utilities 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.