According to a report released this week by Queensland Insurance company RACQ, Brisbane’s short-term parking prices are now the second most expensive in Australia, after Sydney.
The average cost across the car parks in the Sydney study area was $25.83 for 1 hour compared with $21.65 in Brisbane and $15.98 in Melbourne for the same period. For 2 hour parking the cost in Sydney almost doubles to an average of $46.43 compared with $32.56 in Brisbane and $32.34 in Melbourne.
When examining the average maximum daily rate, however, Melbourne moves to second place, with average maximum parking rates being $69.02, $64.64 and $51.97 for Sydney, Melbourne and Brisbane respectively.
These results differ slightly from the numbers reported in the recent Colliers global parking survey, which reported average daily rates for Sydney at $60.50, and Melbourne and Brisbane equal at $35.00 each.