Congestion Levy For Cbd Residents
Its important to know that for CBD residents in some cities, the home owner 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 supposed to reduce traffic congestion in the city CBDs and encourage motorists to regularly use public transport.
Some examples of the cities and the amounts where the congestion is currently charged include:
Sydney CBD $2310 per space per year.For more info see https://www.osr.nsw.gov.au/taxes/psl
Bondi Junction, Chatswood, Parramatta, St Leonards $820 per space per year.For more info see https://www.osr.nsw.gov.au/taxes/psl
Melbourne CBD $1360 per space per year.For more info see https://www.sro.vic.gov.au/carspacerental
Melbourne CBD fringe suburbs $960 per space per year.For more info see https://www.sro.vic.gov.au/carspacerental
Perth CBD $1005 to $1132 per space per year.For more info see https://www.transport.wa.gov.au/mediaFiles/projects/DOT_I_LicPark.pdf
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. For more info on each city, read the government links above.
Residential parking is much more convenient and if it saves you from only one council parking fine, the membership will have paid for itself.