Ameer Randolph
The price of unleaded fuel in Melbourne, Australia, fluctuates over time and across different fuel stations. As of November 2024, the average price of unleaded 91 fuel in Melbourne was around 187.0 cents per litre, with prices ranging from 165.9 cents to 228.0 cents per litre. Motorists can benefit from buying tips and monitoring fuel price cycles to make informed decisions about when and where to purchase fuel. Various factors influence retail fuel prices in Australia, including global oil prices, exchange rates, and local competition.
| Characteristics | Values |
|---|---|
| Date | 15 December 2017 |
| Current average price | 162.4 cents or $1.69 per litre |
| Previous price | $2.01 per litre |
| Savings on 50 litres compared to the last peak on 7 July | $16.00 |
| Date | 1 November 2017 |
| Current average price | $1.74 per litre |
| Previous price | $2.01 per litre |
| Savings on 50 litres compared to the last peak on 7 July | $13.50 |
| Date | 15 December 2017 |
| Premium unleaded 95 average price | $1.80 per litre |
| Previous price | $2.22 per litre |
| Savings on 50 litres compared to the last peak on 7 July | $21.00 |
| Date | 22 November 2024 |
| Current unleaded 91 average price | 187.0cpl |
| Price range over the last week | 165.9cpl to 228.0cpl |
| Peak price | 219.9cpl |
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What You'll Learn
Current average unleaded fuel price in Melbourne
The current average price of unleaded fuel in Melbourne, Australia, is around 162.4 cents per litre, although some sources place it at 187.0 cents per litre. Prices have been increasing and are expected to continue to do so, albeit slowly.
Unleaded fuel prices in Melbourne, as well as in other major Australian cities like Sydney, Brisbane, Adelaide, and Perth, tend to fluctuate in regular patterns known as "petrol price cycles." These cycles are influenced by pricing decisions made by petrol retailers and are not driven by wholesale prices or underlying costs. The duration of these cycles can vary between cities and over time.
The price of unleaded fuel in Melbourne can vary across different fuel stations and locations within the city. At the time of writing, the price of ULP 91 fuel in Melbourne is around $1.69 per litre, although it has been as high as $2.01 per litre in the recent past.
Motorists in Melbourne can use fuel price apps and websites to find the lowest fuel prices in their specific area. These tools can help them save money on their fuel purchases by allowing them to compare prices across different fuel stations.
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Unleaded 91 fuel stations in Melbourne
As of 2017, the average price of Unleaded 91 fuel (ULP 91) in Melbourne, Australia, was $1.69 per litre, with prices holding. This price is 32 cents less than the peak price of $2.01 per litre three weeks ago. Filling up 50 litres of ULP 91 today would save you around $16 compared to the last peak on 7 July.
Melbourne typically has a 20-day pricing cycle for petrol fuels, including ULP 91, with a variance of up to a fortnight in the length of pricing cycles.
There are over 900 fuel stations within 30 kilometres of Melbourne offering Unleaded 91 fuel. While real-time pricing information for these stations may not always be available, fuel price monitoring websites and apps can help you find the best deals and the lowest prices near you.
For instance, the FuelPrice Australia website provides details on ULP 91 fuel stations in Melbourne, allowing you to compare pricing across the city. Similarly, the PetrolSpy website and app offer a fuel watch map and a local deal finder to help you locate the nearest service station with the best fuel prices.
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Petrol price cycles in Melbourne
For instance, in Melbourne, the current average price of unleaded fuel is 162.4 cents per litre, with prices holding. This is a decrease from the peak of $2.01 per litre two weeks ago. Motorists filling up 50 litres of fuel today would save around $13.50 compared to the last peak.
The duration of petrol price cycles in Melbourne varies over time and from cycle to cycle. Historical data can be used to suggest the cheapest and most expensive days to buy petrol in the future. For example, based on historical data from 2017, the average duration of a price cycle was around two weeks.
The Australian Competition and Consumer Commission (ACCC) monitors and reports on the petrol industry and fuel prices for unleaded petrol, diesel, and LPG in Melbourne and over 190 regional locations across Australia. They provide buying tips for motorists to help them take advantage of price cycles and save money on petrol purchases.
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Premium unleaded 95 fuel stations in Melbourne
The current average unleaded fuel price in Melbourne, Australia, is 162.4 cents per litre.
For Premium Unleaded 95 fuel, the average price is $1.80 per litre. This is 2 cents less than yesterday, with prices continuing to fall since peaking three weeks ago at $2.22. Filling 50 litres of Premium Unleaded 95 fuel today will cost around $21.00 less than it would have on 7 July, when prices last peaked.
There are over 900 fuel stations within 30 kilometres of Melbourne, offering Unleaded 91 fuel. While pricing details for Premium Unleaded 95 fuel stations are not explicitly mentioned, one source notes that the price of Premium Unleaded 95 fuel is $1.86.
To find the best local fuel deals in Melbourne, you can use a fuel price finder app or website. These tools can help you locate the nearest service station with the most competitive prices for Premium Unleaded 95 fuel.
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How to save money on fuel in Melbourne
The current average unleaded fuel price in Melbourne is 162.4 cents per litre, though prices vary and have been known to reach as high as $2.01 per litre. Here are some tips to help you save money on fuel in Melbourne:
Understand the petrol price cycle
In Melbourne, it takes around five weeks for prices to go from their low point to a high and back again. This cycle can help you save money by filling up towards the end of the cheap part of the cycle and avoiding filling up at the peak of the cycle. You can use fuel price apps to alert you when it's a good time to buy in your area.
Change your driving habits
Adopting fuel-efficient driving practices can help you save on fuel. For example, try to take one round trip rather than several short trips, as your car becomes more fuel-efficient when the engine is warm. Additionally, avoid idling your car for long periods, as it uses more fuel than restarting the engine. When planning your trips, use Google or Apple Maps to avoid rush-hour traffic, as constant accelerating and braking burn more fuel. Driving smoothly at a regular speed will help you save fuel.
Reduce weight and drag
Any extra weight in your vehicle puts a bigger strain on your engine, meaning more fuel is used to get moving. Consider removing unnecessary items from your car, especially heavy ones sitting in your boot or backseat. If you don't need your roof rack, remove it, as it creates resistance when driving, making your engine work harder.
Use fuel-saving features
If your car has an automatic start-stop system, use this feature to shut down the engine at red lights or prolonged stops. This will save fuel by avoiding unnecessary idling.
Switch to a more fuel-efficient vehicle
If you're in the market for a new car, consider switching to an electric or hybrid vehicle. Electric vehicles can cut down on fuel costs substantially, and they also have lower maintenance costs than petrol or diesel cars.
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Frequently asked questions
The current average price of unleaded fuel in Melbourne, Australia, is between 162.4 cents and 187.0 cents per litre.
ULP stands for unleaded petrol. ULP 91 is a standard grade of unleaded petrol.
The price of premium unleaded fuel (PULP 95) in Melbourne is $1.80 per litre.
The unit for the price of fuel in Melbourne, Australia, is cents per litre.
Yes, fuel prices change in Melbourne, Australia. Prices can increase sharply and then decrease gradually in a pattern known as a petrol price cycle.
