The cost of parking your car

Parking fees in Australian cities are amongst some of the most expensive in the world. It's becoming increasingly difficult to find a car parking space in Australia's city business districts (CBDS). With population growth and new buildings being built with very few new parking spaces, parking THE COST OF PARKING YOUR CAR is progressively being charged at a premium rate. How much can you expect to pay to park your car in Australia's CBD? And what about in our airports or on the popular Sydney beaches? COST OF PARKING Daily car park rates 2008 - 2011 (USD) IN AUSTRALIAN CBDS LEGEND: 1 Sydney I Melbourne I Brisbane I Perth I Adelaide I Canberra $70 $60 $50 $40 $30 $20 $10 $0 2008 2009 2010 2011 Monthly car park rates 2008 - 2011 (USD) LEGEND: I Sydney I Melbourne I Brisbane I Perth I Adelaide I Canberra $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 2008 2009 2010 2011 Source: Colliers International COST OF PARKING Most expensive global car park rates 2011 (USD) AROUND THE WORLD Monthly Rate Daily Rate London (City) $1,083,59 Oslo $89.04 London (West End) $1.014.32 Copenhagen $73.11 Zurich $822.15 Melbourne $69.53 Hong Kong $744.72 Sydney $67.42 Tokyo $744.00 London (City) $65.97 Rome $718.90 Tokyo $62.00 Perth $717.43 London (West End) $57.73 Geneva $704.70 Vienna $57.51 Sydney $695.31 Amsterdam $57.51 Oslo $612,15 Geneva $46.98 Source: Colliers International NUMBER OF CAR SPACES Car spaces per 100 CBD workers 2007, 2009, 2011 and 2013i PER 100 CBD WORKERS 2007 2009 2011 2013 Sydney 12.0 12.6 11.9 11.4 Melbourne 15.1 14.0 13.8 13.4 Brisbane 20.9 21.7 21.4 20.3 Adelaide 24.4 24.7 23.8 23.7 Perth 18.3 20.0 18.6 18.3 Canberra 15.4 20.5 19.6 19.1 Source: Deloitte Access Economics, Colliers International COST OF PARKING METERS Most expensive on-street parking meter charges in Australia's CBDS (per hour) IN AUSTRALIAN CBDS 7.00 $4.20 $4.00 $4.00 $3.60 $3.00 $2.60 $2.00 Sydneyiv Brisbane" Melbournevi Hobartvii Perthvii Canberraix Adelaide Darwinxi COST OF AIRPORT PARKING Airport car parking prices AT AUSTRALIAN AIRPORTS as at 30th June 2011*i Airport 1 hour 1 day 7 days Adelaide $4.00 $25.00 $70.00 Brisbane $13.00 $40.00 $140.00 Melbourne $12,00 $29.00 $77.00 Perth $5.60 $16.00 $88.00 Sydney $15.00 $25.00 $122.00 Interesting fact: Brisbane's airport parking price increased by 14.3% from 30 June 2010 to 30 June 2011 COST OF BEACH PARKING Parking prices at Sydney beaches (per hour) iv AT SYDNEY BEACHES Manly Beach - $7.00 p/h Balmoral Beach - $7.00 p/h Bondi Beach - $5.80 p/h Bronte Beach - $5.80 p/h 1 http://www.colliers.com.au/Find-Research/-/media/Files/Corporate/Research/Speciality%20Reports%20and%20Property %20White%20Papers/Australian%20CBD%20Car%20Park%20White%20Paper%20-%20Autumn%202012.ashx http://www.colliers.com.au/Find-Research/-/media/Files/Corporate/Research/Speciality%20Reports%20and%20Property %20White%20Papers/Australian%20CBD%20Car%20Park%20White%20Paper%20-%20Autumn%202012.ashx 3 http://www.colliers.com.au/Find-Research/-/media/Files/Corporate/Research/Speciality%20Reports%20and%20Property %20White%20Papers/Australian%20CBD%20Car%20Park%20White%20Paper%20-%20Autumn%202012.ashx 4 http://www.cityofsydney.nsw.gov.au/_data/assets/pdf_file/0006/117645/ParkingMeter TariffArea201213.pdf 5 http://www.brisbane.gld.gov.au/traffic-transport/parking-permits/parking-meters-fees/meter-fees-cars/index.htm 6 http://www.melbourne.vic.gov.au/PARKINGTRANSPORTANDROADS/PARKING/Pages/ParkingHoursCentralCity.aspx http://www.hobartcity.com.au/Council/Fees_and_Charges/Car_Parking_and_Traffic_Infringements http://www.cityofperth.wa.gov.au/web/Visiting/City-of-Perth-Parking/On-Street-Parking/ http://www.rego.act.gov.au/assets/PDFS/Parking%20Meter%20and%20Ticket%20Machine%20Fees.pdf 10 http://www.adelaidecitycouncil.com/assets/acc/Services/fees-charges/docs/fees-and-charges-schedule-2012-13.pdf 11 http://www.darwin.nt.gov.au/live/parking-traffic-and-transport/car-parks-and-parking-zones 12 http://transition.accc.gov.au/content/item.phtml?itemld=1042689&nodeld=8cbc209fd7f12e0a9cab67105eb41c69&fn=Gui de%20to%20the%20Airport%20monitoring%20report%202010-11.pdf 13 http://transition.accc.gov.au/content/item.phtml?itemld=1042689&nodeld=8cbc209fd7f12e0a9cab67105eb41c69&fn=Gui de%20to%20the%20Airport%20monitoring%20report%202010-11.pdf 14 http://smh.drive.com.au/roads-and-traffic/beachgoers-stung-by-parking-20130105-2ca0p.html