New petrol price analysis for the long weekend | Compare The Market
 
 
 
 
 
  • Sydney motorists urged to fill up NOW – prices to go up as the weekend approaches
  • It’s good news for the rest of the country, particularly Adelaide, with school holidays commencing
  • Even though Perth won’t experience the long weekend, motorists should avoid filling up until the weekend if possible

Comparethemarket.com.au has released its quarterly petrol price analysis ahead of the long weekend, revealing motorists in most parts of the country should hold off filling up the car and wait until the weekend where prices should continue to ease. Sydney motorists are being urged to fill up now, with prices predicted to rise at any stage moving towards the weekend.

The free comparison website, which updates its petrol price data three times daily across all major Australian cities, analysed the average cents per litre (cpl) of unleaded petrol from 24 June to 24 September 2017 across Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra to prepare motorists for where their city will be sitting in the petrol price cycle over the long weekend.

Abigail Koch, spokesperson for comparethemarket.com.au says, “Our petrol price analysis shows that unleaded petrol prices around the country for the quarter reached an average of 122.7cpl, dropping by about 4.5cpl compared to last quarter (127.2cpl for 4 March-4 June 2017). This coming long weekend, motorists across most parts of the country can expect prices to ease over the long weekend but Sydneysiders might be slugged at the bowser as prices are on their way up after falling for the past three weeks.”

Sydney
The analysis revealed Sydneysiders have paid an average of 119.6cpl over the last quarter, the lowest of any capital city, and lower than the previous quarter (123.2cpl for 4 March-4 June 2017). With petrol prices in Sydney falling since the 6th of September, prices are nearing the bottom of the price cycle. Motorists should fill up now to take advantage of low prices before they start to creep up in advance of the long weekend. Prices early this week were lowest in Sydney’s south – Caringbah and Miranda had an average of 111.2cpl – and highest in the North West’s Maroota – at 132.9cpl.

The Blacktown region has seen the cheapest petrol prices across the quarter – at an average of 117.3cpl, which is the lowest of any region in Australia – and could be the best area to fill up the tank this Labour Day long weekend. West might be best for Sydney motorists, with Central Western Sydney, Fairfield-Liverpool and Inner Western Sydney all reporting an average of 118.7cpl or less for the quarter. This contrasts with motorists in the Eastern Suburbs who have been stung by an average quarterly price of 125cpl – the most expensive in any of the capital cities across the country.

Melbourne
Melbourne motorists should avoid filling up in the lead up to the long weekend with prices having just spiked to the top of the cycle. Melbournians should hold off on filling up until after the AFL grand final public holiday (Friday 29 September) when prices start to ease over the weekend.

The average price of petrol in the city over the quarter was 121.6cpl, with the data revealing Essendon North and Tullamarine had the cheapest quarterly average, at 120cpl. Prices across the different parts of Melbourne during the quarter weren’t as dispersed as they were in Sydney with a 2.9cpl spread between the lowest and highest area averages. The highest average price was in Melbourne’s CBD and South Melbourne areas, at 122.9cpl.

Bacchus Marsh reported the lowest average price for petrol earlier this week, at 119.9cpl, while 33 suburbs had the same highest average price, at 142.9cpl, with Abbotsford and Footscray among them[1].

Brisbane
Like Melbourne, Brisbane motorists should avoid filling their tanks until prices drop further. Prices are at the top of the cycle but are anticipated to ease over the weekend. Across the quarter, motorists were paying an average of 123.3cpl for fuel. Motorists filling up in West Brisbane were forking out an average of 123.5cpl for petrol across the quarter, while South Brisbane recorded the lowest average, at 121.4cpl. As of early this week, Slacks Creek is the cheapest place to fill up, with an average price of 127.4cpl. The most expensive average price is 142.9cpl – found in 53 suburbs across the city – including Ashgrove and Windsor[2].

Adelaide
It’s good news for Adelaide motorists this long weekend as school holidays kick off. Prices peaked just over a week ago but given they are slowly on the way down, motorists who can hold off filling up until the weekend could see prices drop even further. Throughout the quarter, residents paid the second lowest price for petrol out of the capital cities analysed, at an average of 121.1cpl. Motorists filling up in Adelaide’s Western and Beach Suburbs enjoyed the lowest average price across the city – at 119.6cpl – while those in the Eastern Suburbs paid the highest – at 122.4cpl. In a report of the cheapest average petrol price earlier this week, Kilburn had the lowest, at 125cpl, while Adelaide’s Norwood, Klemzig and Hectorville had the highest, at 138.4cpl.

Perth
Perth’s seven-day petrol price cycle is expected to spike on Tuesday and near the lowest point of the cycle over the weekend, which is when motorists should hit the bowsers. Throughout the quarter, motorists were paying an average of 122.3cpl to fill up, with there being little variance across the city: Perth’s East had the lowest quarterly average of 121.5cpl, and the North had 122.3cpl while the South had the highest, at 122.5cpl. As of earlier this week, the suburb of Southern River had the cheapest average price – at 110.2cpl – while Karragullen had the most expensive – at 127.9cpl.

Canberra
According to the data collected, Canberra residents were paying the most for petrol throughout the period, at an average of 128.4cpl. After months of stability, prices went up towards the end of last week by around 4cpl but have already slid back by about 3cpl. As the Labour Day long weekend approaches, prices are likely to remain unchanged so motorists should shop around for a good price.

Abigail says, “It can be difficult to know where and when to fill up the tank, especially before setting out on the road, whether it’s driving to a destination over the long weekend or even driving interstate with the kids over school holidays. Comparing petrol prices on comparethemarket.com.au will help you find the best station to fill up in your local area – or on the way to your destination – and help keep your journey as cost-effective as possible.”

 

Quarterly average price for ULP in major capital cities between 24 June and 24 September 2017

City 3 month ULP average (cpl)
Sydney 119.6
Melbourne 121.6
Adelaide 121.1
Brisbane 123.3
Perth 122.3
Canberra 128.4

 

Sub-regions with the lowest ULP average between 24 June and 24 September 2017

City Sub-region 3 month ULP average (cpl)
Sydney Blacktown 117.3
Melbourne Essendon North/Tullamarine 120
Adelaide Western & Beach Suburbs 119.6
Brisbane South Brisbane 121.4
Perth East Region 121.5


Sub-regions with the highest ULP average between 24 June and 24 September 2017

City Sub-region 3 month ULP average (cpl)
Sydney Eastern Suburbs 125.0
Melbourne City/South Melbourne 122.9
Adelaide Eastern Suburbs 122.4
Brisbane West Brisbane 123.5
Perth South region 122.5

 

Suburbs with the lowest average ULP price on Sunday evening 24 September 2017

City Suburb ULP average price Sunday evening
Sydney Caringbah 111.2
Sydney Miranda 111.2
Melbourne Bacchus Marsh 119.9
Adelaide Kilburn 125
Brisbane Slacks Creek 127.4
Perth Southern River 110.2

 

Suburbs with the highest average ULP price on Sunday evening 24 September 2017

City Suburb ULP average price Sunday evening
Sydney Maroota 132.9
Melbourne Lilydale 142.9
Melbourne Langwarrin 142.9
Melbourne Hastings 142.9
Melbourne Healesville 142.9
Melbourne Elsternwick 142.9
Melbourne Epping 142.9
Melbourne Gisborne 142.9
Melbourne Fawkner 142.9
Melbourne Footscray 142.9
Melbourne Forest Hill 142.9
Melbourne Box Hill 142.9
Melbourne Berwick 142.9
Melbourne Blackburn North 142.9
Melbourne Brunswick East 142.9
Melbourne Abbotsford 142.9
Melbourne Clarinda 142.9
Melbourne Caulfield South 142.9
Melbourne Chirnside Park 142.9
Melbourne Diamond Creek 142.9
Melbourne Dromana 142.9
Melbourne Coolaroo 142.9
Melbourne Mill Park 142.9
Melbourne Melton 142.9
Melbourne Mentone 142.9
Melbourne Mornington 142.9
Melbourne Scoresby 142.9
Melbourne Rosebud 142.9
Melbourne Rye 142.9
Melbourne Ringwood East 142.9
Melbourne Pascoe Vale 142.9
Melbourne Truganina 142.9
Melbourne Sunbury 142.9
Melbourne Wyndham Vale 142.9
Adelaide Hectorville 138.4
Adelaide Klemzig 138.4
Adelaide Norwood 138.4
Brisbane Kingston 142.9
Brisbane Kenmore 142.9
Brisbane Jindalee 142.9
Brisbane Kallangur 142.9
Brisbane Lawnton 142.9
Brisbane Kippa-Ring 142.9
Brisbane Loganholme 142.9
Brisbane Mackenzie 142.9
Brisbane Geebung 142.9
Brisbane Enoggera 142.9
Brisbane Greenbank 142.9
Brisbane Hamilton 142.9
Brisbane Hillcrest 142.9
Brisbane Birkdale 142.9
Brisbane Bray Park 142.9
Brisbane Browns Plains 142.9
Brisbane Burpengary 142.9
Brisbane Caboolture 142.9
Brisbane Alexandra Hills 142.9
Brisbane Acacia Ridge 142.9
Brisbane Arana Hills 142.9
Brisbane Ashgrove 142.9
Brisbane Banyo 142.9
Brisbane Clontarf 142.9
Brisbane Chermside West 142.9
Brisbane Camp Hill 142.9
Brisbane Cannon Hill 142.9
Brisbane Capalaba 142.9
Brisbane Carina 142.9
Brisbane Redcliffe 142.9
Brisbane Park Ridge 142.9
Brisbane Salisbury 142.9
Brisbane Rothwell 142.9
Brisbane Richlands 142.9
Brisbane Riverhills 142.9
Brisbane Rochedale South 142.9
Brisbane Rocklea 142.9
Brisbane Marsden 142.9
Brisbane Mitchelton 142.9
Brisbane Murarrie 142.9
Brisbane Murrumba Downs 142.9
Brisbane Springwood 142.9
Brisbane Warner Lakes 142.9
Brisbane Waterford West 142.9
Brisbane Victoria Point 142.9
Brisbane The Gap 142.9
Brisbane Strathpine 142.9
Brisbane Tingalpa 142.9
Brisbane Underwood 142.9
Brisbane Windsor 142.9
Brisbane Wynnum 142.9
Brisbane Wishart 142.9
Brisbane Woodridge 142.9
Perth Karragullen 127.9

 

* Original data supplied by MotorMouth Pty Ltd

 

For interviews and more information, please contact:
Neneh McGuire | +61 2 9279 3330 | +61 404 433 263|
nmcguire@theideassuite.com.au 

About comparethemarket.com.au
Comparethemarket.com.au is an online comparison service that takes the hard work out of shopping around. We help Australians to quickly and easily compare and buy products from a wide range of providers. Our easy-to-use comparison tool enables consumers to find a product that best suits their needs and their back pocket. We’re also in the business of comparing personal finance products, utilities and can help find the lowest fuel prices in your area. Whether it’s car, health or home & contents insurance, we provide a completely free service, that empowers Australians to make buying decisions with greater trust, knowledge and savings. We’ve got your back, simples.

 

[1] Full list of suburbs in table below

[2] Full list of suburbs in table below

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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