Premium 98 Prices Across Australia

The national average premium 98 price in Australia is 234.8 cents per litre as of 27 August 2026, based on 6,862 stations tracked twice daily via official government APIs (NSW FuelCheck, QLD Fuel API, SA Informed Sources, VIC Fair Fuel, WA FuelWatch, NT MyFuel, TAS FuelCheck) plus community-verified sources for ACT and NZ. Prices range from 195.0c/L (cheapest) to 373.9c/L (most expensive), a 178.9c spread.

Currently, Premium 98 is available at 6,862 service stations across 23 Australian states and territories. Prices range from 195.0c to 373.9c per litre, with a national average of 234.8c/L. The 178.9c/L price spread means savvy motorists can save up to $89.45 on a 50L tank by shopping around. Premium 98 commands a 17.5c/L premium (8.1%) over regular Unleaded 91. New South Wales offers the cheapest P98 prices (averaging 230.5c/L), while Northern Territory is 21.8c/L higher at 252.3c/L. Among major retailers, Costco consistently offers competitive P98 pricing, averaging 214.6c/L across their 17 stations.

Last updated: 12:51 PM, 27 Aug 2026

5 cheapest premium 98 stations in Australia right now

# Station Suburb Premium 98
1 Billabong Roadhouse Meadow, WA 195.0c
2 Billabong Roadhouse Meadow, WA 195.0c
3 Metro West Cooma Dairymans Plains, NSW 201.9c
4 Speed Service Station Speed, VIC 202.9c
5 Metro Brunswick West Brunswick West, VIC 202.9c

Find premium 98 near me right now →

234.8c
Average Price
195.0c
Cheapest Price
6,862+
Stations
178.9c
Price Range

PetrolSMART. Smart Fuel Insights

Prices Holding Steady
Prices are pretty stable at the moment. We're tracking 7,078 stations across Australia.
83 Price Drops Found
We've spotted 83 servos with recent price drops, currently cheaper than their local area average.
Cheapest Day: Wednesday
Looking at the data, Wednesday tends to have the best prices. Worth planning your fill around if you can.

PetrolSMART Price Intelligence

83
Price Drops
in last 24h
PetrolSMART Market Sentiment
100%
Fill Now
Good Value
Fair
Wait
Check

Check individual station prices in Premium 98

Price Cycle Overview

Distribution of stations across cycle phases in Premium 98

Dominant
Rising
7% conf
Low 0% (24)
Rising 93% (13403)
High 0% (23)
Falling 7% (986)
Rising Phase Dominant
Prices climbing - fill up soon to save
7-Day Price Forecast
-2.8c
average expected change
7675
forecasting
drop
0
stable
1421
forecasting
rise
Prices Expected to Drop
Prices across Premium 98 are forecast to drop around 2.8c on average over the next week. If you can wait, you might save.
Best Day to Fill Up
Wednesday

Based on historical price patterns in Premium 98, Wednesday tends to offer the best prices. Midweek can be a sweet spot before weekend price hikes.

Compared to Unleaded 91

17.5c/L more expensive

(8.1% premium) – ULP averages 217.3c/L vs P98 at 234.8c/L

Premium 98 Prices by State

State Average Cheapest Highest Stations
New South Wales 230.5c 201.9c 324.0c 1,912
Queensland 230.6c 208.9c 290.0c 1,334
Tasmania 231.2c 217.9c 247.9c 32
South Australia 232.0c 212.5c 299.9c 566
Victoria 232.3c 202.9c 309.9c 1,707
Australian Capital Territory 235.3c 214.7c 249.9c 130
Western Australia 236.3c 195.0c 297.9c 846
Northern Territory 252.3c 231.9c 315.5c 41

Cheapest Premium 98 Stations

# Station Brand Suburb State Price
1 Billabong Roadhouse Independent Meadow WA 195.0c
2 Billabong Roadhouse Independent Meadow WA 195.0c
3 Metro West Cooma Metro Dairymans Plains NSW 201.9c
4 Speed Service Station Shell Speed VIC 202.9c
5 Metro Brunswick West Metro Brunswick West VIC 202.9c
6 Metro Brunswick West Metro Brunswick West VIC 202.9c
7 LMCT+ Preston - (Members Only) LMCT+ Preston VIC 203.5c
8 Matthews Mortlake Matthews Mortlake VIC 203.9c
9 Metro Petroleum Bomaderry Metro Bomaderry NSW 204.5c
10 Costco Lake MacQuarie (Members Only) Costco Boolaroo NSW 204.7c
11 APCO Wagga Wagga APCO NSW 206.5c
12 Solo Wagga Wagga Solo East Wagga Wagga NSW 206.5c
13 Solo Wagga Wagga Solo East Wagga Wagga NSW 206.5c
14 Ultra Edgeworth Ultra Petroleum Edgeworth NSW 206.7c
15 Ampol Foodary Northend Wagga Wagga Ampol Foodary Wagga Wagga NSW 206.9c

Premium 98 Prices by Brand

Brand Average Price Cheapest Stations
Costco 214.6c 204.7c 17
Burk 217.6c 207.3c 20
APCO 218.7c 206.5c 20
Speedway 219.3c 211.5c 47
Pearl Energy 219.8c 208.5c 73
Pacific 220.5c 209.9c 21
Solo 220.5c 206.5c 33
Atlas 220.9c 212.9c 27
Metro 221.2c 201.9c 252
Ultra Petroleum 222.5c 206.7c 12
Matthews 222.9c 203.9c 9
Freedom Fuels 223.0c 215.5c 27

About Premium 98

The highest octane petrol available in Australia. Designed for high-performance and luxury vehicles that require maximum octane for optimal performance.

Suitable for: High-performance vehicles, sports cars, luxury European vehicles requiring 98 RON

Octane Rating: 98 RON

Complete Guide to Premium 98 in Australia

Overview

Premium 98 is Australia's highest octane petrol, offering maximum knock resistance for high-performance and high-compression engines. It is the fuel of choice for sports cars, luxury vehicles, and performance-tuned engines that demand the best available octane for peak power delivery. Major brands market their 98 RON offerings with proprietary additive packages (Shell V-Power, BP Ultimate, Ampol Amplify Premium) that include additional detergents and friction modifiers.

Who Should Use Premium 98?

Premium 98 is essential for vehicles that specify 98 RON as the minimum requirement, including many BMW M-series, Mercedes-AMG, Porsche, and high-output turbocharged engines. It also benefits vehicles rated for 95 RON minimum where the manufacturer recommends 98 RON for best performance. If your vehicle only requires 91 RON, Premium 98 provides no measurable benefit and is an unnecessary expense.

Buying Tips for Australian Motorists

Premium 98 commands the highest pump price of any petrol grade, typically 20 to 30 cents more than ULP and 10 to 15 cents above Premium 95. Price cycle discounts on Premium 98 are generally shallower in absolute terms, but percentage savings remain meaningful. Shell V-Power, BP Ultimate, and Ampol Amplify Premium are the most common 98 RON offerings. Independent stations rarely stock 98 RON, so pricing competition is lower than for ULP or E10.

Fuel Efficiency and Economy

In vehicles designed for 98 RON, the engine management system can use the most aggressive ignition advance timing, extracting maximum power and optimal fuel efficiency. This typically translates to 2 to 5 percent better fuel economy compared to running the same engine on 91 RON ULP. For a performance vehicle consuming 10L/100km, that 3% improvement saves about 0.3L per 100km. Whether this offsets the 20+ cent per litre premium depends on your annual distance and the specific vehicle.

Frequently Asked Questions About Premium 98

Do the branded additives in Premium 98 actually make a difference?

The additive packages in Shell V-Power, BP Ultimate, and similar branded 98 RON fuels do contain additional detergents and friction modifiers beyond the base fuel standard. Independent tests suggest these additives can help keep fuel injectors and intake valves cleaner over time, which may preserve engine efficiency. However, the primary benefit of 98 RON remains the higher octane rating itself, not the additives.

Will Premium 98 clean my engine if I usually use ULP?

Switching to 98 RON occasionally will not "clean" an engine that has been running on ULP. The detergent additives in premium fuels work preventatively over consistent use, not as a one-time cleaning agent. If you want to maintain injector cleanliness, using a quality fuel injector cleaner additive once every 10,000km is more effective and cheaper than sporadic premium fuel use.

Is Premium 98 worth it for a vehicle that only requires 91 RON?

No. If your engine is designed for 91 RON, using 98 RON will not increase power, improve fuel economy, or provide meaningful engine protection benefits. The engine's compression ratio and ignition mapping are designed for 91 RON, and the higher octane simply provides knock resistance that the engine does not need. Save your money and use ULP or E10.

Free price alerts

Never miss a Premium 98 price drop

Set up a free price alert and we'll email you when Premium 98 prices fall at your local stations.

Premium 98 is averaging 234.8c/L right now. Get alerted when it drops.

Set Up Free Alert

No spam. Unsubscribe anytime. Tracking 10,000+ stations across Australia and NZ.