Premium 98 Prices Across Australia

The national average premium 98 price in Australia is 267.7 cents per litre as of 11 October 2026, based on 4,808 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; NSW FuelCheck also covers the ACT). Prices range from 195.0c/L (cheapest) to 400.0c/L (most expensive), a 205.0c spread.

Currently, Premium 98 is available at 4,808 service stations across 8 Australian states and territories. Prices range from 195.0c to 400.0c per litre, with a national average of 267.7c/L. The 205.0c/L price spread means savvy motorists can save up to $102.50 on a 50L tank by shopping around. Premium 98 commands a 21.9c/L premium (8.9%) over regular Unleaded 91. Queensland offers the cheapest P98 prices (averaging 264.7c/L), while Northern Territory is 22.8c/L higher at 287.5c/L. Among major retailers, Costco consistently offers competitive P98 pricing, averaging 252.4c/L across their 10 stations.

Last updated: 05:18 PM, 11 Oct 2026

5 cheapest premium 98 stations in Australia right now

# Station Suburb Premium 98
1 Billabong Roadhouse Meadow, WA 195.0c
2 LMCT Edwardstown Edwardstown, SA 239.9c
3 Medco Maitland Maitland, NSW 243.5c
4 United Petroleum Maitland Maitland, NSW 244.5c
5 United Petroleum East Maitland East Maitland, NSW 244.5c

Find premium 98 near me right now →

267.7c
Average Price
195.0c
Cheapest Price
4,808+
Stations
205.0c
Price Range

PetrolSMART. Smart Fuel Insights

Prices Holding Steady
Prices are pretty stable at the moment. We're tracking 5,900 stations across Australia.
13 Price Drops Found
We've spotted 13 servos with recent price drops, currently cheaper than their local area average.
Cheapest Day: Monday
Looking at the data, Monday tends to have the best prices. Worth planning your fill around if you can.

PetrolSMART Price Intelligence

13
Price Drops
in last 24h
PetrolSMART Market Sentiment
2%
98%
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
Falling
23% conf
Low 0% (2)
Rising 26% (2265)
High 0% (16)
Falling 74% (6567)
Falling Phase Dominant
Prices dropping - might pay to wait a bit
7-Day Price Forecast
+9.2c
average expected change
1
forecasting
drop
5707
stable
192
forecasting
rise
Prices Expected to Rise
Prices across Premium 98 are forecast to rise around 9.2c on average. Consider filling up soon if you're running low.
Best Day to Fill Up
Monday

Based on historical price patterns in Premium 98, Monday tends to offer the best prices. Start of the week often brings lower prices as stations compete for customers.

Compared to Unleaded 91

21.9c/L more expensive

(8.9% premium) – ULP averages 245.8c/L vs P98 at 267.7c/L

Premium 98 Prices by State

State Average Cheapest Highest Stations
Queensland 264.7c 245.9c 309.9c 528
South Australia 264.8c 239.9c 280.9c 129
Western Australia 266.1c 195.0c 328.9c 719
New South Wales 268.0c 243.5c 389.0c 1,855
Victoria 268.6c 246.5c 400.0c 1,464
Australian Capital Territory 271.6c 252.7c 279.9c 61
Tasmania 276.0c 263.9c 284.9c 11
Northern Territory 287.5c 266.9c 351.5c 41

Cheapest Premium 98 Stations

# Station Brand Suburb State Price
1 Billabong Roadhouse Independent Meadow WA 195.0c
2 LMCT Edwardstown Independent Edwardstown SA 239.9c
3 Medco Maitland Independent Maitland NSW 243.5c
4 United Petroleum Maitland United Maitland NSW 244.5c
5 United Petroleum East Maitland United East Maitland NSW 244.5c
6 U-Go St Marys U-Go St Marys SA 245.5c
7 Astron Yarraman Astron Yarraman QLD 245.9c
8 United Petroleum Metford United Metford NSW 246.5c
9 United Nanango United Nanango QLD 246.5c
10 LMCT+ Preston - (Members Only) LMCT+ Preston VIC 246.5c
11 Metro Petroleum Corio Metro Corio VIC 246.6c
12 United Berrinba United Berrinba QLD 247.5c
13 Shell Express Moe Shell Moe VIC 248.5c
14 Costco Perth Airport Costco Perth Airport WA 248.7c
15 United Slacks Creek United Slacks Creek QLD 248.9c

Premium 98 Prices by Brand

Brand Average Price Cheapest Stations
Costco 252.4c 248.7c 10
APCO 255.0c 249.5c 16
Burk 256.5c 251.3c 16
U-Go 257.6c 245.5c 34
Solo 258.0c 249.5c 26
Pacific 259.3c 249.9c 10
Freedom Fuels 259.3c 251.5c 14
Speedway 259.4c 253.7c 47
Pearl Energy 259.6c 249.2c 57
Atlas 259.9c 251.5c 17
X Convenience 260.7c 255.5c 5
Metro 261.0c 246.6c 219

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.

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