Melbourne CBD

Melbourne Flinders
Melbourne is a vibrant, growing city that supports a number of communities, from finance to business, retail, residential, government administration and entertainment. It is a haven for artists, food and wine aficionados, sports-lovers and festival-goers of all kinds. With a projected 23,200 people expected to move into the area over the next decade, Melbourne is considered a high growth area that is attractive to investors and renters alike.

Population

The ‘Postcode 3000’ initiative created in the 1990s addressed the over-supply of office space in Melbourne, and has led to a great resurgence in inner city living.
The population of Melbourne is now 21,285 people, and growing. A mostly young population (aged between 20-29 years) comprises the residential profile.

The area is highly attractive to apartment-dwellers, most of whom live alone or with a partner. The Melbourne CBD is now considered not only an affordable but a very desirable place to live and invest in. With so many high rise apartments being built and let, an abundance of excellent investments can be made for 1 and 2-bedroom properties.

Location

Melbourne covers over 6 square kilometres from Elizabeth Street in the north to the western side of St. Kilda Road in the south. The Yarra River runs through the centre of Melbourne, and offers a range of entertainment options, from a day cruise to a sunset drink. Melbourne has a network of 25 large parks (including the Royal Botanic Gardens) most of which are linked by walking or bike tracks.

Transport

One hub of Melbourne’s urban transport scheme is Flinders Street Railway Station, a major meeting point for many Melbournians. Another is Southern Cross Station, a jumping-off point for all regional and interstate journeys by train or bus. All suburbs can be accessed from Melbourne via trams and buses, as well as a growing network of cycle paths.

Lifestyle

Federation Square, the centre of Melbourne’s cultural, arts and broadcasting life, sits at its heart. The city is also renowned for its hundreds of laneways and arcades off the main streets. These historic places have been transformed over the past decade into interesting places for travellers, students, shoppers and city workers to stroll around, meet friends, and enjoy. Melbournians are also proud of their rich cultural history, and a number of fascinating cultural precincts abound, including Chinatown around Little Bourke Street, the Lygon Street Italian district and the Lonsdale Street Greek precinct.