Congestion Levy For Cbd Residents

It’s important to know that for CBD residents in some cities, the homeowner is required to pay a congestion levy or parking levy whilst they rent out their parking space. It applies to non-residential off-street private and public car parking spaces and it is supposed to reduce traffic congestion in the city CBDs and encourage motorists to regularly use public transport.

To help our driver and homeowner members protect and advance their interests, access information and services, and consider their options, Parking Made Easy provides some examples of the cities and the amounts where the congestion is currently charged:

Sydney CBD $2310 per space per year.

For more info see Revenue NSW

Bondi Junction, Chatswood, Parramatta, St Leonards $820 per space per year.

For more info see Revenue NSW

Melbourne CBD $1360 per space per year.

For more info see SRO VIC

Melbourne CBD fringe suburbs $960 per space per year.

For more info see SRO VIC

Perth CBD $1005 to $1132 per space per year.

For more info see Transport WA

Fortunately, the parking levy does have exemptions. If the parking space being rented is for residential use, such as an apartment owner renting out a car space from another apartment owner in the same building, then they will not have to pay the levy. However, if the parking space is made available to an office worker using it for work, then the levy is payable.

Other examples of exemption in Melbourne CBD are more flexible. If a parking space is used for both exempt and non-exempt reasons, the congestion levy is charged. This means that the congestion charge still applies if you use your parking place for residential purposes on the weekends but rent it out for a fee to someone else who uses it during the weekdays while they are at work. Nevertheless, depending on whether the parking place is in a private or public car park, you might be eligible for a partial-year discount.

For more info on each city, read the government links above.

Residential shared parking is becoming more and more common since it has numerous positive social effects. Drivers generally avoid council fees and save 50% as compared to commercial parking facilities. Large volumes of emissions and pollution produced by parking-seeking cars circling the block are eliminated by reserved parking spaces. Therefore, it's a win for drivers who save money and the environment, as well as for homeowners who make money.

However, it's crucial to be aware that in some cities, homeowners who live in the CBD must pay a parking or congestion levy even if they rent out their parking space. You need to make sure to check this before renting out your unused parking space.

Please feel free to browse the website and read the blog, help, and FAQs to learn more. Check the Terms & Conditions and Privacy Policy to find out what to expect. Simply contact us through our Contact page if you have any additional questions. Remember residential parking is much more convenient and if it saves you from only one council parking fine, the membership will have paid for itself.