Sydney Parking Monthly & Daily from $10/day - Parkhound

Did you know that 54% of Australians would prefer to be swooped by a magpie than reverse parallel park into a tight spot? At Parkhound, our goal is to make parking stress free and as easy as ordering a Domino's pizza. We’re Australia’s leading marketplace for parking, connecting homeowners and small businesses who have unused space with people searching for a spot near work or home.

We have over 50,000 spots available across Australia on our platform, from Darwin to Hobart. Our small team of 25 have even taken our mission global with our sister site, Spacer.com, launching in 2020. We’re a fast growing community with over 200,000 members and over $34m in passive income earned by our Hosts.

For booking requests placed on Instant Book spaces, your parking space will be confirmed and reserved immediately. This feature commonly applies to spaces that don’t require an access device, such as driveways or carports, allowing you to start parking the following day. Other space types include commercial undercover parking, which typically use QR codes or Bluetooth access through the Parkhound app.

Finding monthly parking Sydney CBD pricing is challenging, with most websites requiring you to request a custom quote. From our research, monthly parking in Sydney CBD can cost anywhere from $300 to $600/month. Spaces are predominantly underground parking lots with high security. Pricing is heavily influenced by location as well as the number of incoming parking space requests.

There are some more affordable options including early bird parking which can save you around $40 a month. It’s important to remember that early bird rates do come with some caveats, for example set entering and exiting times as well being unreserved. You can also decrease parking costs the further out from the CBD you go. If you don’t mind a short public transport ride into the city, you can end up paying around $150/month less.

We’d also like to flag why there’s no council owned parking options in our comparison table below. According to the City of Sydney website, there are two council operated car parks in Sydney CBD. Both however, appear to be managed by Secure Parking and are at a similar price to traditional parking operators. The council do give out long-term parking permits, but these are typically for residents. Costs for permits are determined by your vehicle's level of emissions.

Monthly Parking Costs in Sydney CBD

For those living or working in Sydney CBD, parking is at an absolute premium, not just in price but in availability on-street and off-street. Weekday rates can be up to 7 times higher than weekends which usually charge a $10 flat rate. In addition to the limited spaces, most have a strict 2-hour time limit up until 6pm, extending to 4-hours from then onwards.

The average cost of daily parking in Sydney CBD ranges anywhere from $36 to $85 for 4+ hours, about $7 higher than the national average. Don’t forget, drive-up rates can add an extra $10 so we would strongly recommend booking online in advance. Most parking garages, such as Secure and Wilson, have a time limit and will require you to pay extra to leave your car overnight, adding around $40 to your day rate.

Off-street Daily Parking Costs in Sydney CBD

Unfortunately there’s hardly any free parking anywhere in the Sydney CBD. Most streets are reserved for loading zones during weekdays but in 2020, the City of Sydney introduced a 15 minute free parking trial on a select number of streets. You can see the full list of locations here. The closest free daily or hourly parking spots can be found in neighbouring inner city suburbs such as Newtown or at shopping centres such as Broadway who offer up to 2-hours free parking.

Using Parkhound, you can save around $170 a month on CBD parking Sydney costs. Our spots are predominantly front-to-curb, off-street and secure parking options that are reserved for you. This means additional time and money saved by avoiding parking fines and circling the block. There’s no extra membership fees, so the price you see on the map is how much you’ll pay.

If you can’t find the parking space you’re looking for, please contact our friendly team! We’re available 7 days a week from 9am to 6pm via phone, on 1300 55 63 55, or via email at [email protected]. Our team are great spot-finders but in the rare case a spot isn’t available, you can also join our waitlist. Enter your name and email address into the callout under the map and we’ll send you an email as soon as a new space in the area becomes available. Around 40 listings are added each week in the Greater Sydney area, so hopefully you’ll be able to find your space shortly!