How Much Does Self-Storage Cost in Melbourne?

Guest Post by Asad Shoaib

There is a wide range of self storage available in Melbourne, and other major Australian cities, however, you should make a cost analysis before making a final decision.

You should also know about multiple variables that affect the cost of self-storage.

The more time you invest in your research, the more it will help you make an informed decision that you won’t regret later.

Variables & Factors

Here are a few variables that may affect the price of a self-storage unit:

  • Type of storage unit; 
  • Storage size;
  • Duration for which you will need the self-storage;
  • And many more.

Here are some factors as well that may affect the cost of a self-storage unit:

  • Location;
  • Cleanliness of the unit;
  • Time since your last visit;
  • Last time you had subleased your self-storage unit;
  • Last time you had moved the belongings from the unit;
  • Number of times you have rented your storage unit.
  • Age of the unit;
  • Ownership status of the unit;
  • Facility management service;
  • If the unit is climate controlled;
  • Parking space availability;
  • Security staff availability.

These are only a few factors mentioned above, you should also consider your transportation cost if you intend to access your self-storage unit every month.  

Location

Moreover, to determine the cost of a self-storage unit, you should do a location search and then conduct a cost comparison using google maps. 

You should also consider the above-mentioned factors and then come up with a cost analysis of the self-storage unit based on the location.

Since you want to make a proper cost estimate of self-storage, you should also know about the locations where you can search for self-storage units:

  • Altona North
  • Southbank
  • Melbourne CBD
  • West Melbourne.
  • Brunswick.
  • Coburg.
  • Preston.
  • Inner West Melbourne.
  • Flemington.
  • Docklands.

Most self-storage units are located in industrial areas.

However, you can also find some self-storage units located in metropolitan areas which are particularly convenient if you intend to visit your unit every month.

Online Websites

Furthermore, when it comes to the cost of self-storage in Melbourne, you can get quotes through multiple websites.

The Internet is a great source of help that can help you compare different costs of the same product to have a clear idea about the money that is required to make the purchase.

To get an accurate estimate of the cost of a self-storage unit, you should also do some research on different companies that provide storage services.

Service Providers

You can put up an advertisement on a renowned website to see if there is anyone willing to provide storage services for a short period at a lower price.

You can also go to the corporate directory section on the internet and search for storage services providers.

Many companies offer a “Bulk Buy” option to purchase several storage spaces at a discounted price.

Surprisingly, many companies offer free storage services to their first-time customers.

This is a good opportunity for you to get a trial on their services without spending money.

Once you are satisfied with their services, you can purchase more storage spaces.

You can also negotiate on the cost of storage spaces as most companies will try to find the best price for their customers.

Discounts & Offers

You should also check if the company gives any discount for long-term storage.

To save money on your self-storage unit, you should look for special offers.

For instance, many renowned Altona North self storage companies organize seasonal sales during Christmas, Easter, and other holidays.

Storage facilities are usually provided by the owners of the self-storage space, or by contracted storage service providers.

You can easily find both types of companies that provide storage services.

Size

The average cost of storage services depends on the size of the storage.

A small 1.5×1.5 meter unit costs around $100-$120 per month, while a large 6×3 meter unit can cost $500 or more.

The pricing incrementally changes for unit sizes in between.

The cost of a standard self-storage unit depends exclusively on the size and duration for which you want to use the space.

Categories
Self-storage facilities used to be on the outskirts of populated areas; however, nowadays they are more often found in urban areas or suburbs.

This is due to increases in rental prices on smaller homes and apartments within city limits.

The self-storage industry is divided into two categories:

A facility controlled by the owner of the building and a facility with an outside company that provides storage services.

The latter one is more common for personal storage units, as facility-controlled self-storage units are only available in large business-oriented buildings.

Hidden Charges 

As most self-storage spaces are rented per room, it is easy to calculate the monthly costs associated with storing your belongings.

However, it is important to find out if there are any hidden costs associated with renting a space you need to factor into your budget.

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