Melbourne The Cultural City

Melbourne stricker the perfect balance of a thriving global city whilst holding a rich local culture. Overseas migration, recently fuelled by interstate relocation, has resulted in exceptional population growth in the city. 

A fulfilling lifestyle can be the strongest drawcard to a global city. With Melbourne hosting some of the biggest sporting and cultural events in the world, it’s little wonder the city has successively been ranked in the top 3 for liveable cities around the world for the past decade. This guide focuses on living, studying and buying residential property in Melbourne.

Liveability
Melbourne ranked 2nd place of the World’s Most Liveable Cities in 2019, according to the Economist Intelligence Unit (based on 30 factors across five areas: stability, infrastructure, education, health care and environment). The city was narrowly overtaken by Vienna (scoring 0.7 more points) after holding first place for the past seven consecutive years.

City Wealth Index
Melbourne ranked equal 20th place with Madrid on the Knight Frank City Wealth Index 2018—for cities that matter to the ultra-wealthy.