Why is Melbourne Australia the Most Liveable City in the World?

Melbourne is a great city for a variety of reasons. It has an excellent reputation for top universities and a diverse culture. It also enjoys a thriving economy. In addition to being a great place for business, Melbourne is also a popular travel destination that attracts people from all over the world. Here are some reasons why you should consider making it your home. Read on to discover more!

Multicultural

A new report by The Economist has crowned Melbourne as the most liveable city in the world for the seventh year in a row. It is based on 30 factors, grouped into five categories, which determine a city’s overall quality of life. Melbourne tied for first place with Austria’s Vienna even though the city is far from perfect with the city’s inefficient Myki system and its often-temperamental weather, it makes it up with a culture that is second to none.

The increased cultural diversity in Melbourne has produced a multitude of restaurants and festivals featuring the cuisine of diverse cultures. The city’s city government can lay claim to having enabled these impressive changes to central Melbourne through policies that reflect a range of national and international contextual factors. In particular, the city’s new pedestrian strategy, a major focus on safety, was one of the factors that helped the city earn its crown.

Top Universities

The University of Melbourne is one of the Top Universities in the world and has been in existence for more than 160 years. It is known for its excellence in research, innovation, and teaching and is one of the country’s top universities for studies in engineering, medicine, life sciences, and the social sciences. Students can take advantage of the many affiliated clubs and enjoy its numerous facilities, which include an indoor lap pool, sports fields, and libraries.

Apart from its rich culture, Melbourne is also known to be a top study destination for international students who relocate to Australia to specifically take advantage of the prestigious universities Melbourne has on offer. Once in Melbourne, many students choose the convenience of removalists Melbourne companies to help them relocate and settle in whether that is accommodation on campus or off.

Unique Culture

The city of Melbourne has a unique culture that is worth exploring. For centuries, shopping was a way of life, and “doing the Block” meant prestige. Now, this vibrant city has one of the most extensive shopping districts in Australia. The CBD is lined with laneways, including Chapel Street in South Yarra and Prahran, as well as heritage arcades like the Block and the Royal Arcade. Even the city’s public transportation is convenient, with trams and buses lining the streets.

The city has numerous cultural events that showcase the city’s multiculturalism. The major theatres are located in the East End, a neighbourhood of the city. The Princess Theatre, Her Majesty’s Theatre, Regent Theater, Forum Theatre, Comedy Festival, and Athenaeum Theatre are all historic structures that date back to Melbourne’s colonial era. These theatres are iconic landmarks of the city, and are some of the most well-preserved examples of Second Empire architecture outside of Europe.

Thriving Economy

The Thriving economy of Melbourne Australia is one of the most prosperous economies in the world. Its Gross Domestic Product, or GDP, is $104 billion, making it the third most prosperous city in the world. However, the City of Melbourne has experienced a tougher impact from the COVID-19 pandemic than other Australian cities. According to a modelling study conducted by Price Waterhouse Coopers Australia, the City of Melbourne may lose as many as 79,000 jobs and nearly $110 billion in economic output.

The booming economy of Melbourne and Sydney is largely attributed to its strong real estate market. Despite high prices, homeownership rates remain high. However, a slowdown in China threatens the growth of Australia’s economy, which is heavily dependent on this Asian powerhouse. The new Australian economy is geared toward services and will stray away from mining and manufacturing, which have been the country’s two primary industries. This change in emphasis will ensure that the country will continue to enjoy a thriving economy for the next 25 years.

World Class Hospitals

There are several world class hospitals in Melbourne. Melbourne Children’s Hospital is one of the leading children’s hospitals in the world. This hospital has a reputation for being very high quality, attracting patients from across Australia and around the world. With a long track record for providing excellent medical care, it has become a go-to place for children in need of specialised care.

Another top hospital in Melbourne is Alfred Health, which was recently named among the world’s top 50 hospitals. In a recent article by Newsweek, St Vincent’s Hospital was ranked among the top 100 hospitals worldwide. Despite the low ranking, this hospital is an excellent choice for anyone who is looking for a world class healthcare center. Whether you’re seeking out treatment for a chronic condition or an acute emergency, there are many hospitals that provide world class medical care you can rely upon.

These are the reasons why Melbourne Australia has become the most liveable city and continues attract interstate mover looking for world class care and education and It is no wonder people who visit Melbourne, fall in love with the city and its people and choose to revisit and some will eventually call home.