Vlog: Save On Cbd Parking Costs: Learn About The Congestion Levy For Residents Video

Feel free to watch the video above or at https://www.youtube.com/watch?v=iYp3KIzOHqM about Congestion Levy For Cbd Residents, listen to the podcast here or read the transcript below. In this video, we explore the congestion levy that CBD residents in Sydney and Melbourne must pay when renting out their parking spaces. Get an understanding of possible exemptions and how to dodge unexpected costs. Plus, find out how Parking Made Easy can help you source affordable and convenient parking solutions.

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Hey there, today I want to talk to you about the congestion levy for CBD residents. This is an

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important issue that affects homeowners who rent out their parking spaces and something that all

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drivers and homeowners need to be very much aware of. In some cities such as Sydney and Melbourne,

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CBD residents who rent out their parking spaces are required to pay a congestion levy or parking

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levy. This levy is designed to reduce traffic congestion in the city, in CBDs, and encourage

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motorists to use public transport. The amount of the levy varies depending on the city,

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but it can be quite significant. For example, in Sydney the levy is $2,310 per space per year,

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while in Melbourne it's $1,360 per space per year in the CBD. However, there are exemptions to this

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levy if the parking space is being rented for residential use such as being an apartment owner

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renting out a space to another apartment owner in the very same building. Then the levy does not

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really apply, but if the space is being rented out to an office worker then the levy is payable.

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It's important to be aware of these exemptions and check whether the congestion levy applies to

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your situation before you rent out your unused parking space. This can help you avoid unexpected

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costs and ensure that you are complying with the local regulations. At Parking Made Easy we want to

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help our customers, our drivers, and our homeowner members protect and advance their interests. We

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provide information and services to help you navigate these parking levies, landscape, and

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consider your options. We also offer lots of examples of the cities and the amounts where the

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congestion levy is currently charged, so it doesn't take you by surprise. In addition to helping you

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understand the congestion levy we also offer a range of other services to help you find parking in

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the city CBD. Our platform connects drivers with available parking spaces and we offer a range

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of tools to help you find the most convenient and affordable parking options to you. We believe

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that residential shared parking is a positive move forward. It's a positive social trend that both

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benefits the drivers and homeowners who are collaborating. By renting out your unused parking

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space you can save money on council fees and help reduce emissions and pollution caused by parking

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seeking cars. So if you're a CBD resident who is interested in renting out your parking space or

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finding affordable parking in the city be sure to check out Parking Made Easy. We're here to help you

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navigate the parking landscape and find the best solutions for your needs. That's what we're here

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for and as you've heard in this video it can be a tricky landscape. You're not alone when you

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collaborate with platforms like Parking Made Easy who help you get the very best of renting your

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space, renting other spaces, and having that crystal clear clarity of what to do next. We're here to

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help you and answer any questions you have so please feel free.