Brisbane City Named 5th Most Expensive in the World for Parking

Brisbane lands in the fifth spot of cities around the world with the most expensive parking fees, a survey from a car maintenance company in the U.K. has revealed. 

Analysed in the survey were different carparks in shopping centres, airports, city halls, stadiums and on-street parking in 65 major cities across the world. 

New York ranked the highest with a parking rate that’s 354.75 percent higher than average. Boston (282.85 percent), Sydney (210.98 percent) and London (191.07 percent) were in the top next three spots, while Brisbane (173.62 percent) claimed number five.  

The following rates are Brisbane CBD’s average hourly parking fees:

$16.88 shopping centres
$16.88 city hall
$4.69 on-street parking
Photo Credit: Wikimedia Commons

Brisbane Lord Mayor Adrian Schrinner said that the survey’s result isn’t surprising but the Council has been keeping parking rates in the CBD as “low as possible.” A spokesperson also said that the fees increased to just $1.20/hour since 2002.

In suburbs like Fortitude Valley, South Bank, and in the CBD, for instance, there are some carparks that cost $5 a day on the weekend.

The city also has early bird rates and other schemes that were not accounted for in the data. These schemes enable motorists to plan their trips ahead of time to secure good rates. 

However, parking services companies like Secure Parking, Wilson Parking and Westfield Scentre have also been urged to consider lowering their fees, especially in this pandemic crisis.