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Melbourne is Again Voted the Best City in Australia

In an annual global survey conducted by the Economist Intelligence Unit, Melbourne has again scored higher than any other Australian city to be ranked as the most liveable.

On the world stage Melbourne came in second place behind Vancouver, topping the list of the world’s most liveable cities for the fifth time.

Melbourne’s popularity may well be a contributing factor and one of the driving forces behind its recent strong growth in property values.

The demand for property in Australia’s most liveable city provides another reason why property prices are not likely to crash but more likely to rise in the future. The annual survey conducted by the Economist Intelligence Unit ranks cities on a combination of 30 factors such as culture, environment, infrastructure, education, stability, healthcare, cost of living, crime rates and personal safety.

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