Melbourne is the capital of Victoria, and the second largest city in Australia. It is also Australia’s most cultured city, as well as the fashion capital of the country. Melbourne is famed for its Victorian-era architecture, museums, galleries, theatres, parks and gardens. It is also a multicultural city with European and Asian immigrant groups.
Melbourne is also proud to host the XVII Commonwealth Games in March 2006, and the general population is mad about sports.
Melbourne’s famous Bridge Road is home to warehouse outlets where nobody pays retail prices; it is a paradise for fashionistas on a budget and visitors looking for great deals. Exclusive boutiques can be found on Chapel Street, while top designers and fashion houses are located on Little Collins Street.
For those seeking to excite all senses; Melbourne is a culinary haven. Restaurants are abundant, the food served is of high quality yet very affordable and average prices are far below those in the United States or Europe. Melbourne also has a very strong coffee culture and it is easy to find cosy cafes where you can enjoy your favourite coffee.
Melbourne has warm summers and possibilities for skiing in the winter. Directly around Melbourne you will find national parks, gardens and wine tasting opportunities.
The property market in Melbourne is just entering a strong buying phase. As the city continues to grow and its international popularity increases, the demand for housing follows. Prices are currently still relatively low and expected to grow over the coming years. The vacancy rate has decreased and is almost non existent, making Melbourne a great option to invest in the buy-to-let market. |
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