Cheapest cities ahead of the long weekend | Compare The Market

New petrol data unveils cheapest cities ahead of long weekend

 
 
 
 
 

A new analysis from comparethemarket.com.au unveils petrol price trends in five major cities, flagging differences of nearly 5cpl and indicating what consumers may expect to pay at the bowser this Labour Day weekend.

Unleaded petrol (ULP) prices were measured across a 31-day period[1] in Adelaide, Perth, Sydney, Melbourne and Brisbane. Results revealed that Brisbane and Perth residents have taken the biggest hit at the bowser during this period with ULP prices averaging at 144.3cpl and 144.2cpl respectively. This was followed by Adelaide (140.6) and Sydney (140.5). It’s Melburnians, however, who got the most for their buck at the bowser, averaging at 139.5cpl – 4.8c cheaper than Brisbane.

While Queensland’s city may be the most expensive, the Brisbane petrol price cycle has been trending downward since the last peak on September 13, while Perth currently sits at the bottom of its price cycle. It’s also good news for Melbourne and Sydney residents, as their cycle appears to be on a downward trend. Adelaide is the only city where petrol prices have been inclining since September 28.

Abigail Koch, spokesperson at comparethemarket.com.au, says, “Australians looking to save while topping up the tank this holiday weekend need to be keeping an eye on these price cycles to ensure they’re refuelling when prices are at their lowest. Petrol stations in most cities follow a cycle of 10-22 days, offering low prices for two-to-three consecutive days within those cycles. The key to filling up on a cheaper day is to keep an eye on petrol prices in your area and identify the trend.”

Within the 31-day period prices peaked in Brisbane at 156.2cpl followed by Perth (150cpl), Sydney (149.2cpl), Melbourne (148.9cpl), and Adelaide (144.7cpl).

Comparethemarket.com.au has also unveiled the sub-regions in each city with the lowest 31 day average. While not the most expensive city for petrol, Sydney is the location with the highest difference in price per subregion – a difference of 6.5c between its cheapest (Hurstville 138.5cpl) and most expensive (Eastern Suburbs 145cpl). Brisbane had the second biggest price gap (4.7c) with its far south (142.6cpl) the cheapest and its west (147.3cpl) the most expensive.

Melburnians hoping to keep costs low would benefit from topping up in Frankston and Cranbourne (137.7cpl) if passing through those suburbs. Adelaide and Perth’s cheapest subregions were Payneham (139.2) and Girrawheen (142.3).

The table below outlines the sub regions with the lowest ULP 31-day average:

City Sub region 31 dayULP average (cpl)
Adelaide Payneham 139.2
Sydney Hurstville 138.5
Melbourne Frankston/ Cranbourne 137.7
Brisbane Far South 142.6
Perth Girawheen 142.3

 

The table below outlines the sub regions with the highest ULP 31-day average:

City Sub region 31 dayULP average (cpl)
Adelaide Elizabeth 141.5
Brisbane West 147.3
Melbourne Altona/ Williamstown 140.9
Perth Lesmurdie/ Midland 145.2
Sydney Eastern Suburbs 145.0

* Original data supplied by MotorMouth Pty Ltd

[1] 27 August – 26 September 2014

Author comparethemarket.com.au

Launched in September of 2012, Comparethemarket.com.au – operated by Compare the Market Pty Ltd (CTM) – has teamed up with a range of Australia’s insurance providers so you can compare some of the latest deals, in one place, side-by-side. The team behind comparethemarket.com.au have experience in insurance, comparison, customer service and digital. If this was a stuffy corporate monologue, we’d tell you that we’re a bunch of subject matter experts specialising in User Experience, Customer Insights & Online Strategies. But to be honest, it’s just as accurate (and a whole lot easier) to say that we’re a bunch of people who want to make your experience with online comparison better. We pride ourselves on the fact that we’re forward-thinking, that we share an entrepreneurial spirit, and the fact that we like to have a bit of a laugh too. We’re all a bit too addicted to chocolate, but no one’s perfect, really.

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