- Melbourne is one of the most liveable cities in the world. Supported by a world class health system and globally ranked hospitals and universities, Melbourne is known as Australia’s cultural and sporting capital.
- Melbourne’s real estate is affordable relative to other capital city markets. Melbourne has lower dwelling prices than Sydney, Brisbane, Canberra, Perth and Adelaide. Office rents are lower than Sydney and Brisbane. Industrial rents are the most affordable in Australia.
- Melbourne has one of the strongest population and GDP growth projection combinations of any city in a global top 15 economy. Greater Melbourne’s population is expected to increase by over half a million people over the next five years and become Australia’s largest city later this decade.
- Victoria, like NSW and ACT is decarbonising rapidly. Victoria has made rapid emissions reductions, increasing to 40% renewable electricity generation by combining both emission reduction in non-renewable fuels and increases in renewable fuel production.
