Explore Melbourne
Melbourne, the dynamic capital of Victoria, is celebrated as one of the world’s most livable cities. It enchants both families and professionals with its decadent array of landmarks, historical sites, and vibrant cultural scene.
With its central postcode of 3000, Melbourne serves as the bustling hub of Victoria, supporting a diverse population of 4.9 million. The city is a thriving centre for businesses, art galleries, theatres, parks, and sports venues, and its multicultural atmosphere welcomes people from around the globe. Additionally, housing in Melbourne offers a more affordable alternative than Sydney, with median house prices that present a cost-effective option for many.
Education is a standout feature in Victoria, boasting 10 world-class universities, including the highest-ranked university in Australia. For those considering real estate, the median price for a 4-bedroom home stands at $1,200,000. Melbourne also boasts the largest tram system outside Europe, adding to its unique charm. The rental rate for a spacious 3-bedroom, 2-bathroom unit is typically around $600 per week. Reflecting its diverse community, about 31% of Melbourne’s residents were born overseas, enriching the city with various cultural influences. Lastly, the real estate market in Melbourne’s inner-city suburbs has seen a modest increase of 1% in house prices.