Parking demand and responsiveness to supply, pricing and location in the Sydney central business district

This paper investigates the influence of parking pricing and supply by time of day on the decision to drive and park in the central business district (CBD). A stated preference survey of car drivers and public transport users was undertaken at a number of parking locations, public transit interchanges, and shopping centres in Sydney CBD during 1998. In the context of a current trip to the CBD, respondents were asked to consider six alternatives, including: three parking locations in the CBD; parking outside the CBD with public transport connection to the CBD; switching to public transport; or foregoing that trip to the CBD. The three parking locations were defined by hours of operation, a tariff schedule, and access time to the final destination from the parking station. Data from the survey were then used to estimate a nested logit model of mode and parking choices, which was used to simulate the impacts of supply-pricing scenarios on CBD parking share. The change in CBD parking share attributable to supply by time of day is less than 3 percent, compared to 97 percent attributable to parking prices.

• Authors:
  • Hensher, D A
  • King, J
• Publication Date: 1999-4

Language

• English

Media Info

• Pagination: 20p
• Serial:
  • Issue Number: ITS-WP-99-8

Subject/Index Terms

• TRT Terms: Costs; Demand; Location; Mathematical models; Park and ride; Parking; Public transit; Towns; Travel demand
• Geographic Terms: Sydney (Australia)
• ATRI Terms: Cost; Demand; Location; Modelling; Park and ride; Parking; Public transport; Town centre; Travel demand
• Subject Areas: Finance; Public Transportation;

Filing Info

• Accession Number: 01396459
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Aug 23 2012 2:43PM