Consider Victorian property after Melbourne tops world liveability scale

By the resi financial blog team, 22 August 2014

Consider Victorian property after Melbourne tops world liveability scale

Melbourne has been officially named the world's most liveable city for the fourth consecutive year, which could be convincing for those sitting on the fence about taking out a home loan and secure a slice of Victorian capital property. 

The latest Economist Intelligence Unit's Global Liveability Index rated Melbourne as the top city, beating out 139 other cities from across the globe. Performing exceptionally well across the five criteria for judging - healthcare, stability, culture and environment, education and infrastructure - has propelled the city into stardom. 

Lord Mayor Robert Doyle said the overarching strengths of Melbourne surrounded the vibrancy and culture created by the the diversity and infrastructure embraced across the region. 

"Safety, sustainability and smart growth have been the keys to Melbourne's liveability and prosperity. Providing transport and infrastructure have been key elements in smart growth. Melbourne brings together commerce, education, health, sport, cultural and residential areas, all of which can be accessed by foot, on bike, in cars or public transport," said Mayor Doyle in an August 19 statement. 

Furthermore, Victorian Premier Denis Napthine said the ongoing investment in development across the city was one of the strongest contributors to the award, with the continuous development of public transport facilities and other amenities helping to provide a comfortable, sustainable living environment for residents and tourists alike. 

"Our low crime rates, great health system, harmonious multicultural community, excellent education system and road and rail network all played a part in our great city taking out this coveted award again," said Premier Napthine in an August 19 statement. 

If you're interested in purchasing property in Melbourne over the coming months, now could be the perfect time to consider getting in touch with a resi financial expert. Their insight can help you to discover the most suitable home loan option for you, allowing you to make your real estate dreams become a reality. 

Categories: Home Loans, Personal Finance