Cheap daily and monthly parking spaces in Southbank VIC

Located south of Melbourne’s Yarra River, Southbank is one of Victoria’s cultural hotspots that offers a unique mix of cosmopolitan lifestyle, with its towering business offices, boutique stores and excellent eateries.

Many people also choose this inner city suburb neighbourhood as the place to call home due to its cultural venues like the Melbourne Recital Centre, National Gallery of Victoria, Malthouse Theatre and Australian Centre for Contemporary Art.

While this bustling area has a lot to offer, there’s one common problem many Southbank drivers face in their day-to-day life: finding available and affordable parking spaces.

Like every major city including Sydney, Perth, Adelaide, Brisbane and Canberra, finding the perfect parking spot that’s close to in-demand areas in Melbourne is hard to secure and expensive.

If you’re looking to visit any of the sights and sounds offered by Southbank, then you have some pre-paid by-the-hour parking options to choose from which see you guaranteed a secure parking spot, but it can cost you a pretty penny.

During business hours, you can expect to pay through the nose for street parking with available spots usually limited to a maximum of 60 minutes.

If you are regularly commuting to the Southbank region for work, then you will likely find yourself hot-footing out to your street parking spot to move your car about eight times over the course of the day or risk receiving a fine from regular patrolling parking inspectors.

With parking fines starting at $96, that’s a very steep cost to bear just for getting your car a little closer to work or a special arts event in the area.

Meanwhile, finding cheap parking spaces on your own can mean regularly circling around the surrounding blocks and a lot of costly time and frustration.

After business hours, most of the street parking is still limited to very strict hourly limits until after 8pm and that’s assuming that the street parking is not affected by local road works or a construction site.

So how do you find a reliable solution for securing parking for your daily commute or your exploration of Southbank? Here’s where Parkhound comes in!

We offer a user-friendly platform that connects individuals with available parking spaces. This includes garages, empty driveways, underutilised car parks on business premises, carports and undercover parking spaces - all of which are verified and secure parking spots.

Our innovative solution to the time-old problem of finding the cheapest parking rates or weekend parking options for a flat rate fee is to hook you up with residents and car park owners who have a car space for rent in your desired area.

With over 400 available spaces in the Southbank and the surrounding area, finding a secure parking spot that’s close or at where you need to be has never been easier.

We offer both short and long-term parking deals to cater to your specific needs and ensure you can easily find a secure parking spot in Southbank and the surrounding areas.

So how does Parkhound work? You can start by browsing for available spaces near your destination and refine your search using filters. Compare the different listings, looking at details like rates, type of parking and security features you need right on our website or app.

Found the ideal spot? You can proceed to request a booking and wait for confirmation. Once you’ve paid via the Parkhound platform, the parking is reserved for your use - it’s that simple!

But how much can you save on monthly and daily parking fees by using Parkhound? Let's take a closer look at the parking rates in the Southbank area.

Common questions about parking in Southbank