Vlog Learn How To Save On Cbd Parking Costs As A Resident

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 Parksy can help you source affordable and convenient parking solutions. 1 00:00:00,000 --> 00:00:06,320 Hey there, today I want to talk to you about the congestion levy for CBD residents. This is an 2 00:00:06,320 --> 00:00:13,680 important issue that affects homeowners who rent out their parking spaces and something that all 3 00:00:13,680 --> 00:00:20,480 drivers and homeowners need to be very much aware of. In some cities such as Sydney and Melbourne, 4 00:00:20,480 --> 00:00:28,480 CBD residents who rent out their parking spaces are required to pay a congestion levy or parking 5 00:00:28,480 --> 00:00:36,080 levy. This levy is designed to reduce traffic congestion in the city, in CBDs, and encourage 6 00:00:36,080 --> 00:00:44,000 motorists to use public transport. The amount of the levy varies depending on the city, 7 00:00:44,000 --> 00:00:51,280 but it can be quite significant. For example, in Sydney the levy is $2,310 per space per year, 8 00:00:51,280 --> 00:01:00,080 while in Melbourne it's $1,360 per space per year in the CBD. However, there are exemptions to this 9 00:01:00,080 --> 00:01:06,160 levy if the parking space is being rented for residential use such as being an apartment owner 10 00:01:06,160 --> 00:01:12,640 renting out a space to another apartment owner in the very same building. Then the levy does not 11 00:01:12,640 --> 00:01:19,040 really apply, but if the space is being rented out to an office worker then the levy is payable. 12 00:01:19,040 --> 00:01:23,920 It's important to be aware of these exemptions and check whether the congestion levy applies to 13 00:01:23,920 --> 00:01:30,720 your situation before you rent out your unused parking space. This can help you avoid unexpected 14 00:01:30,720 --> 00:01:37,600 costs and ensure that you are complying with the local regulations. At Parksy we want to 15 00:01:37,600 --> 00:01:45,040 help our customers, our drivers, and our homeowner members protect and advance their interests. We 16 00:01:45,040 --> 00:01:50,480 provide information and services to help you navigate these parking levies, landscape, and 17 00:01:50,480 --> 00:01:56,880 consider your options. We also offer lots of examples of the cities and the amounts where the 18 00:01:56,880 --> 00:02:04,160 congestion levy is currently charged, so it doesn't take you by surprise. In addition to helping you 19 00:02:04,160 --> 00:02:09,680 understand the congestion levy we also offer a range of other services to help you find parking in 20 00:02:09,680 --> 00:02:16,080 the city CBD. Our platform connects drivers with available parking spaces and we offer a range 21 00:02:16,080 --> 00:02:25,200 of tools to help you find the most convenient and affordable parking options to you. We believe 22 00:02:25,200 --> 00:02:31,760 that residential shared parking is a positive move forward. It's a positive social trend that both 23 00:02:31,760 --> 00:02:37,520 benefits the drivers and homeowners who are collaborating. By renting out your unused parking 24 00:02:37,520 --> 00:02:44,800 space you can save money on council fees and help reduce emissions and pollution caused by parking 25 00:02:44,800 --> 00:02:52,800 seeking cars. So if you're a CBD resident who is interested in renting out your parking space or 26 00:02:52,800 --> 00:03:00,560 finding affordable parking in the city be sure to check out Parksy. We're here to help you 27 00:03:00,560 --> 00:03:08,320 navigate the parking landscape and find the best solutions for your needs. That's what we're here 28 00:03:08,320 --> 00:03:14,320 for and as you've heard in this video it can be a tricky landscape. You're not alone when you 29 00:03:14,320 --> 00:03:20,400 collaborate with platforms like Parksy who help you get the very best of renting your 30 00:03:20,400 --> 00:03:26,080 space, renting other spaces, and having that crystal clear clarity of what to do next. We're here to 31 00:03:26,080 --> 00:03:32,080 help you and answer any questions you have so please feel free.