Storage Tips

P2P Storage vs Self-Storage: Which Is Cheaper?

Compare peer to peer storage and self-storage costs in Australia. Real prices, trade-offs and which option saves more for vehicles, caravans and boats.

25 February 20265 min read

P2P Storage vs Self-Storage: Which Is Cheaper?

If you're weighing up peer-to-peer storage against traditional self-storage, the answer isn't just about price. It's about what you're actually paying for, and what you're not.

This guide compares P2P storage and self-storage in Australia, using real-world costs and trade-offs so you can decide what makes sense for your situation.

What people mean by P2P storage

Peer-to-peer (P2P) storage usually means renting space from another person rather than a storage company.

That space might be:

  • A driveway
  • A side yard
  • A shed or garage
  • A fenced residential yard
  • Occasionally small commercial or rural land

Most P2P storage is used for vehicles, trailers, caravans and boats. Things that don't need climate control, just a safe place to sit.

What people mean by self-storage

Self-storage is the traditional storage unit model.

You rent a unit from a storage company, usually:

  • Indoors or semi-covered
  • Locked and monitored
  • Accessed through a facility gate

Self-storage works well for furniture and boxes. It's often overkill for vehicles.

Average costs in Australia (2026)

These are realistic, everyday prices, not promotional rates.

FeatureP2P Vehicle StorageTraditional Self-Storage
Monthly cost$80–$200$200–$400+
Typical pricingCheaper in outer suburbs and regional areasInner metro locations cost more
Contract typeUsually month-to-monthLong-term contracts are common
Best forVehicles, caravans, boatsFurniture, boxes, household goods
SecurityBasic (fencing, gates, sometimes cameras)Strong (CCTV, alarms, on-site staff)
AccessFlexible, agreed with host24/7 or extended hours
Cover typeOutdoor or simple coveredIndoor units, sometimes climate-controlled

For vehicles like caravans or boats, self-storage often costs double what P2P storage does.

A caravan owner in outer Melbourne paying $350/month at a storage facility could find P2P driveway storage in Pakenham for around $120. That's a saving of nearly $2,800 a year for essentially the same outcome — a safe, off-street spot.

Why P2P storage is usually cheaper

The price gap isn't an accident.

P2P storage is cheaper because:

  • There's no retail frontage
  • No on-site staff
  • Lower overheads
  • Space already exists and isn't purpose-built

You're paying for the space itself, not the building, branding and reception desk.

Why self-storage costs more

Self-storage facilities bundle a lot into the price.

You're paying for:

  • Buildings and infrastructure
  • Staff and operating hours
  • Security systems
  • Insurance and compliance
  • Prime locations

That makes sense if you need those things. If you don't, you're paying for features you won't use.

Which one is cheaper for common use cases

Storing a caravan P2P storage is almost always cheaper. Caravans don't need indoor units, and many self-storage facilities can't accommodate them anyway. Check the caravan storage guide for more detail on what to look for.

Storing a boat on a trailer Again, P2P storage wins on price. Outdoor storage is usually sufficient if the boat is covered. See our boat storage cost breakdown for current pricing.

Storing a car long-term P2P storage is cheaper if security is reasonable. Self-storage only makes sense for high-value vehicles.

Storing household goods Self-storage is usually the better option. Indoor, dry, secure units matter more than price here.

Find verified storage near you

Compare prices, read reviews, and book online. Free to search — no account needed.

Hidden costs to watch for

Cheap isn't always cheap if you miss the details.

With P2P storage, check:

  • Access rules
  • Notice periods
  • Whether insurance is included or required

With self-storage, watch for:

  • Introductory rates that jump after 30–90 days
  • Lock and admin fees
  • Long minimum contracts
  • Annual price increases
Many people move to P2P storage after their self-storage bill quietly doubles. If your current facility has bumped your rate, it's worth comparing what's available on StorageFinder.

Why councils play a role in this decision

Council parking rules are tightening across Australia. That's pushing more vehicle owners into off-street storage. Read our council caravan parking rules guide for a state-by-state breakdown.

Self-storage facilities can't scale quickly in residential areas. P2P storage can, because it uses existing space where people already live.

That's one of the reasons P2P storage has grown so fast for vehicles. On StorageFinder, hosts across Sydney, Melbourne, Brisbane and regional areas list spare driveways, yards and paddocks — making it easy to find something close to home.

A boat owner in Caringbah (southern Sydney) recently saved over $200/month by switching from a commercial facility to a P2P hardstand space listed on StorageFinder, just 10 minutes from the boat ramp.

When self-storage still makes sense

Self-storage isn't "bad". It's just not always the right tool.

It makes sense if:

  • You need indoor, dry storage
  • You want guaranteed access hours
  • You're storing valuables or household goods
  • Price is less important than convenience

If those things matter, the extra cost can be justified.

When P2P storage is the better choice

P2P storage usually wins if:

  • You're storing a vehicle
  • You don't need climate control
  • You want something close to home
  • You care about ongoing monthly cost

For many people, saving $1,000–$3,000 a year is reason enough. If you're curious how hosts earn from spare space, read our guide on renting out your driveway in Australia.

Browse P2P caravan storage in Sydney Browse P2P caravan storage in Melbourne

Find verified storage near you

Compare prices, read reviews, and book online. Free to search — no account needed.

So what should you do?

For vehicles and outdoor storage, P2P storage is almost always cheaper. For household goods and valuables, self-storage can be worth the premium.

The key is matching the storage type to what you're actually storing, not defaulting to the most familiar option. StorageFinder makes it easy to compare P2P options near you — you can filter by vehicle type, location and price to see what's available without ringing every facility and landowner individually.