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Experts suggest that the price of parking your car is, in general, inversely proportionate to the amount of office space available.* Therefore, due to a relative glut in commercial office space in Australian cities, we have some of the highest parking rates in the world!
Monthly Parking Rates (all in US Dollars)
- London City, UK $1,167
- London West End, UK $1,136
- Sydney, Australia $775
- Hong Kong, China $742
- Perth, Australia $610
- Brisbane, Australia $592
- New York, Midtown, USA $585
- Tokyo, Japan $552
- Stockholm, Sweden $509
- Dublin, Ireland $508
Therefore, particularly to all you Aussies, there’s never been a better time to look for a more economical and sustainable method for your work travel arrangements.
*the experts in this case are the Commercial Research team from Colliers International