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

As the saying goes: the best things in life are free, and that includes parking. But finding a no to low cost parking space in Sydney’s CBD can be a constant pain point for commuters.

On weekdays, most streets are set aside for loading zones. However, if you only need parking for a short time, the City of Sydney has launched a free 15-minute parking back in 2020 in main street retail areas outside the city area. To avail this, check out the full list of locations here.

Parking within Sydney's CBD is notorious for its steep costs, with a full day's parking estimated to rise to a staggering $80.

Meanwhile, 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.

On-street parking isn't any more forgiving, demanding around $7.60 per hour during peak times and $4.60/hour off-peak.

Venturing into off-street parking options within the city doesn't provide much respite either. A one-hour stint off-street averages a helfty $28.42, and if you opt for a two-hour stay, you're looking at shelling out roughly $56.84.

For employees or uni students who make the daily commute to Sydney CBD using cars, snagging early bird specials or opting for flat day rates has turned into a pretty popular way to cut down on parking costs.

However, note that even early-bird parking (parking before 9:30am) is expensive at $29.06 a day.

And while these lower rates do help keep some extra cash in your pocket, it's worth mentioning that most of these parking spaces are first-come-first-served. So, don't expect them to work wonders in the time-saving department.

Adding to hip pocket pain felt by commuters are the drive-up rates, which can add an extra $10 on your parking fees if you miss out on booking online.

Adding to commuters woes are parking garages imposing a time limit on how long you can park, requiring you to pay extra to leave your car overnight, adding around $40 to your day rate.

In addition to dealing with expensive parking costs, Sydney drivers are also forced to compete for parking spaces, with an estimated 142 parking spots per 1,000 employees.

So how does Parkhound’s daily rates compare to other parking space providers in Sydney?

Off-street Daily Parking Costs in Sydney CBD

Based on these rates, Parkhound offers potential daily savings of up to 80% compared to Council Owned Parking and up to 72% compared to Traditional Parking Operators.

Affordable long-term airport parking can be hard to find, especially near Sydney Airport. Sydney Airport charges $21.20 for one hour parking and up to $69.90 per day.

For people who want to drive home once they’re back from their trip, they can opt to leave their vehicles for an extended period in airport car parks located in Terminal 1, the International terminal, and Domestic terminal T2 & T3. However, take note parking in these facilities for more than seven days can cost up to $550.

For travellers looking to save both money and time, there are several parking options available.

Certain airport parking facilities, including those in Sydney Airport, provide reduced rates for online pre-booking or early reservations. Notably, Sydney Airport also offers valet parking options at an additional cost.

One of the best ways to ensure that you get the best value for your money is to do your due diligence ahead of time. Read reviews, ask around for recommendations, and compare parking lots’ prices from multiple providers.

Notably, Parkhound also stands out as a convenient option, offering parking in close proximity to the airport. You'll find a range of options including covered parking spaces with the added convenience of securing parking in advance.

Securing a monthly parking space in Sydney CBD can cost you anywhere $350 to $650 per month. Note this monthly price range is largely influenced by the location, what’s nearby, the level of security and how popular the area where you’re looking to park is.

While opting for monthly parking can be the lifesaving answer to daily parking woes, getting ballpark figures on how much locking in a monthly parking space will cost you can also prove to be a tedious process.

For most traditional parking operators operating in the city, you’ll need to sign up to their platform in order to receive a quote. Pricing can also greatly vary depending on the current occupancy of the car park, location and whether you would like a reserved or unreserved space.

According to the City of Sydney website, there are two council operated car parks in Sydney CBD. Both, however, appear to be managed by traditional parking operators as well. And while the council does give out long-term parking permits, these are typically for residents and the cost for permits are determined by your vehicle's level of emissions.

Notably, a reserved spot often will be at a premium price, whereas unreserved parking bays can sometimes have early bird parking deals. Keep in mind, early bird means that you’ll need to arrive and leave by a certain time.

Monthly Parking Costs in Sydney CBD

By reserving a monthly parking space through Parkhound, you can save up to $156 on parking expenses in Sydney CBD.

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.

And with our Instant Book feature, you can quickly and easily confirm your parking space reservation. This feature is especially convenient for spaces like driveways and carports, where you don't need any special access device or additional steps to secure your spot.

For other space types, like covered commercial parking, access is typically managed through QR codes or Bluetooth using the Parkhound app.

While some spaces might require coordinating an access device exchange, we've got you covered with our Instant Book feature for those last-minute bookings.

Don't worry – our friendly team is here to help! Reach out to us 7 days a week, from 9 am to 6 pm, either by phone at 1300 55 63 55 or via email at [email protected].

We're experts at locating great spots, but if by any chance a spot isn't currently open, you can always join our waitlist.

Just drop your name and email into the callout below the map, and we'll shoot you an email the moment a new space in your area opens up. Your parking solution is closer than you think!