Affordable
1. In 2002, Jones Lang LaSalle Hotels Hotel Affordability Index found a room in one of London's hotels is more than twice as expensive as a room in Melbourne. (Source: www.mcvb.com.au)
2. Melbourne offers tourists and residents a Free City Circle Tourist Tram which continuously does a circuit of the Central Business District, taking passengers past a large number of Melbourne’s tourist attractions. (Source: www.newcomersnetwork.com)
3. In the 2003 Global Cost of Living Survey by Mercer, Melbourne was deemed a cost effective city when it was ranked 111 out of 114 cities in relation to cost. (Number 1, Tokyo, was ranked the most expensive city). (Source: www.mcvb.com.au) Victoria recorded the highest home ownership rate (43.7%) in the 1996 Census of Population and Housing, followed by New South Wales (42.5%) and Tasmania (42.4%), while the lowest was recorded in the Northern Territory (17.8%). (Source: www.abs.gov.au) And there are no death duties or inheritance taxes in Victoria to reduce the family inheritance. (Source: www.legalaid.vic.gov.au)
4. The State of Victoria is one of Australia's economic powerhouses and the city of Melbourne is among the most competitive business locations in the Asia Pacific. Office occupancy costs in Melbourne are some of the lowest in the Asia-Pacific region, well below Singapore, Mumbai, Tokyo and Hong Kong. Victoria offers competitively priced office space and development sites. Office and industrial space rental in Melbourne is more affordable than Singapore, Taipei, Tokyo and most American locations. Large areas of land for development are still available within ready access to freeways, the Melbourne International Airport and the Port of Melbourne. (Source: www.businessmelbourne.com.au)
6. Just wandering the streets of the city will bring you in contact with Melbourne’s rich veins of free-to-view public sculpture, murals and other art works. There are large murals at Eastern Hill Fire Station and Spencer Street Station. The sculptures which seem to best characterise Melbourne have a sense of whimsy and include the Three Businessmen Who Brought Their Own Lunch, Larry Latrobe, weather vanes, The Public Purse, Brunswick Street’s street signs. (Source: www.whitehat.com.au)
7. Melburnians enjoy a wealth of free concerts, sponsored by corporates and arts organisations themselves, and offered in the CBD during lunch-hour, in the Sidney Myer Music Bowl in Summer, at even from time to time at the prestigious Hamer Hall at the Victorian Arts Centre. (Source: www.theage.com.au)
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