SYDNEY - How much does it cost?
We have put together this transparent article which is well worth a read....
...An NRMA report in 2014 found that there were 52,515 car park spaces in the CBD and over 250,000 workers. Add to this residents, visitors and outside workers (couriers, salespeople, delivery drivers, etc. – the list goes on and on..). As a result, the report found over 60% of people preferred to travel to the city via public transport.
Why the figure wasn’t over 90% is anyone’s guess as off-street parking in the CBD currently averages a whopping $31 an hour, with daily rates peaking to about $90. On street parking costs roughly $5 an hour, but is so hard to find that many drivers cruise around and around, ironically contributing to the density of inner city traffic.