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15 Reasons Why People Love to Live in Melbourne

March 7, 2025
An image for contacting Jacob Decru, the home loan expert in Melbourne

Moving to a new city is a big decision, and many wonder what it’s really like to live in Melbourne. As one of the world’s most liveable cities, Melbourne offers a vibrant culture, a thriving food scene, and excellent public transport options. With its mix of beautiful parks, renowned coffee culture, and world-class education, it’s no surprise people love calling it home. 


If you’re planning to settle down in Melbourne, the brokers at LM Connect can help you find the right home loan, offering expert advice and access to specialists to suit your financial and homeownership goals. Their guidance ensures a smooth mortgage process, whether you're a first-time buyer or a property investor. 


Now, let’s explore 15 reasons why so many people love living in Melbourne.



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Top 15 Reasons to Live in Melbourne


Melbourne is a vibrant city known for its culture, coffee, and connectivity. From bustling alleyways to beautiful parks, there’s something for everyone. 


Here’s why people are loving it here: 


#1  Melbourne's Rich Cultural Scene


The cultural capital of Australia, Melbourne, hosts numerous cultural festivals, art exhibitions, and zine fairs. From Hosier Lane's iconic street art to Federation Square's art arenas, the city's creativity and culture are unmatched.


#2  World-Class Coffee Culture


Melbourne’s coffee culture is legendary, with locals treating their caffeine fix like an art form. From boutique shops to iconic cafes like Proud Mary in Collingwood, the city is packed with top-tier coffee spots. Whether you're indulging in a boozy brunch scene or grabbing a quick espresso from Market Lane Coffee, quality coffee is always within reach.


#3  Diverse Culinary Experiences


The city’s restaurant scene is as diverse as its people. From Lygon Street's Italian delights to Brunswick Street's fusion eateries, Melbourne is a dream for food lovers. The culinary scene caters to all tastes and budgets.


#4  Excellent Public Transportation System


Melbourne’s public transport is one of the best in Australia. The tram network includes the famous Art Trams, offering scenic tram rides through the city centre. The smart card system makes commuting easy.


#5  High-Quality Education Institutions


The city boasts excellent public schools, private schools, and international schools. It’s a top destination for international students, with world-renowned universities like the University of Melbourne and Monash University.


#6  Abundance of Green Spaces and Parks


From Albert Park to the Melbourne Zoo, the city is filled with beautiful parks that offer a perfect escape from the urban rush. Whether you prefer beaches to parks or lush gardens, there are endless options for relaxation and outdoor activities. Places like the Royal Botanic Gardens and Fitzroy Gardens provide peaceful green spaces right near the city centre.


#7  Thriving Sports Culture


Melbourne is home to Australian Rules Football, cricket, and the Arts Centre Melbourne. The Victorian capital hosts major sporting events, including the Australian Open and Formula 1 Grand Prix.


#8  Vibrant Music and Nightlife


The city’s nightlife offers everything from underground jazz bars to high-energy electronic clubs, catering to all music tastes. With venues like the Corner Hotel and the Forum Theatre, Melbourne is a top destination for live music, hosting both local and international artists.


Popular spots along Brunswick Street and Chapel Street also feature late-night bars and rooftop lounges, making every night out unique.


#9  Safe and Inclusive Community


Melbourne is one of the safest cities in Australia, with low crime rates and a strong sense of community. Known for its inclusivity, the city attracts business migrants, creatives, and professionals from around the world. Suburbs like North Melbourne are particularly popular for their welcoming atmosphere and diverse cultural scene.


#10  Progressive Environmental Initiatives


The city is committed to sustainability, with dedicated bike lanes, green spaces, and initiatives like the Royal Botanic Gardens’ climate adaptation program. Melbourne’s push for public transport options, including its iconic trams and extensive tram network, makes commuting more eco-friendly. 


With a growing focus on renewable energy, projects like the Fishermans Bend development aim to create a greener, more sustainable future.


#11  Innovative Business and Tech Hub


Melbourne is a growing central business district and a hub for real estate agencies, startups, and tech innovators. Its economy is strong, making it an attractive destination for professionals.


#12  Proximity to Stunning Natural Landscapes


Melbourne is close to breathtaking landscapes, including the Great Ocean Road and Yarra Valley. Residents enjoy weekend trips filled with natural beauty and adventure.


#13  Rich Historical Heritage


The capital city is rich in history, with preserved Victorian architecture and iconic landmarks like Flinders Street Station and the Royal Exhibition Building. Walking through areas like Carlton or East Melbourne, you’ll find heritage-listed buildings alongside modern developments. 


This seamless blend of old and new gives Melbourne a unique charm that reflects its deep cultural roots.


#14  Dynamic Fashion and Shopping Districts


From Chapel Street to Bourke Street Mall, Melbourne’s fashion scene is world-class. Whether you love boutique shops or high-end brands, shopping here is a delight.


#15  Favourable Climate


Melbourne's temperate climate offers distinct seasons, making it a city where you can experience everything from warm summers to crisp winters. While the weather can be unpredictable—often changing from sunshine to rain in minutes—the pleasant climate allows residents to enjoy a mix of outdoor activities year-round.


Whether it’s a summer day at St Kilda Beach or an autumn walk through the Royal Botanic Gardens, there’s always a way to make the most of Melbourne’s weather.


Melbourne Property Market Insights in 2025


Melbourne’s real estate market continues to grow, with house prices increasing by 1.6% in the December 2024 quarter. The median price for a house in the city now stands at $1.039 million, reflecting strong demand and limited supply.


As of February 3, 2025, the median price for all dwellings in Melbourne is $772,317. With steady population growth and ongoing infrastructure projects, the market is expected to remain competitive throughout the year.


Suburbs like Knoxfield, Rowville, and Wantirna offer a mix of affordable rates and excellent schools, making them attractive options for families. Whether you're looking for a three-bedroom apartment or a home in the outer suburbs, Melbourne’s property market provides diverse opportunities.


Tips for New Melbourne Residents


Moving to Melbourne is exciting, but adjusting to life in a vibrant city can take time. With a mix of culture, excellent schools, and public transport options, settling in can be easy with the right approach.


  • Understand the Cost of Living: The cost of life in Melbourne varies based on location, lifestyle, and family size. Rent per month, food per month, and transport per month should all be factored into your budget.


  • Get a Smart Card for Public Transport: Melbourne’s tram network, iconic trams, and trains make commuting easy with a smart card. Public transport options are well-connected, especially in the city centre and central business district.


  • Explore the Cultural Scene: Melbourne’s cultural capital status is reflected in its art exhibitions, cultural festivals, and zine fairs. Visit Federation Square, Hosier Lane, and the Arts Centre Melbourne to experience the city’s vibrant culture.


  • Find a Neighborhood That Suits You: Each suburb offers a different standard of living, from bustling alley culture to quiet outer suburbs. Popular options like North Melbourne and attractive suburbs near train stations balance convenience and affordability.


  • Enjoy the Coffee and Food Culture: Melbourne’s coffee culture is world-famous, with coffee shops and boutique shops on almost every corner. The culinary scene thrives in Chapel Street, Lygon Street, and Brunswick Street, offering diverse food scenes.


  • Make Use of Green Spaces and Outdoor Activities: From beautiful parks to beaches to parks, Melbourne offers breathtaking landscapes for relaxation. Albert Park, Melbourne Zoo, and weekend trips to natural beauty spots provide a great escape from city life.



FAQs


Why do people choose to live in Melbourne?


Melbourne offers a mix of culture, job opportunities, and great public transport. It’s consistently ranked among the most liveable cities due to its vibrant lifestyle and high standard of living.


Why is it best to live in Melbourne?


Melbourne is known for its cultural scene, excellent schools, diverse food options, and thriving business opportunities. It also has one of the safest cities’ rankings in Australia.


What salary do you need to live comfortably in Melbourne, Australia?


A single person needs around $4,000 per month, while families need $7,000+ per month, depending on their lifestyle and housing choices. The cost of rent varies by location.


Why should you come to Melbourne?


The city offers a mix of culture, a strong economy, and world-class amenities. From stunning beaches to parks, public transport options, and an exciting culinary scene, Melbourne has something for everyone.


Is Melbourne expensive to live in?


Melbourne's cost of living is moderate compared to other major cities worldwide. Expenses such as rent per month, food per month, and transport per month vary based on lifestyle and suburb choice.


Which Melbourne suburbs are best for families?


Suburbs like Knoxfield, Rowville, and Wantirna are popular options for families due to excellent schools, beautiful parks, and a strong sense of community.


Is Melbourne good for international students?


Yes, Melbourne is one of the top destinations for international students, offering world-class universities, excellent public transport, and a vibrant city life with plenty of cultural festivals and student-friendly amenities.


What are the available home loans for first home buyers in Melbourne?


First home buyers in Melbourne can access various loan options, including fixed-rate, variable-rate, and low-deposit home loans. Government schemes like the First Home Guarantee and stamp duty concessions can also help reduce costs.



Final Thoughts


Living in Melbourne means experiencing a city that perfectly blends culture, convenience, and opportunity. From its world-class coffee culture to its excellent schools and thriving property market, it’s easy to see why so many people choose to call it home. 


Whether you’re planning to buy your first home or invest in property, having expert guidance can make the process smoother. At LM Connect, our brokers offer a free consultation to help you find the right home loan and make settling into Melbourne even easier. Get in touch today by visiting our website, or call us at (03) 7020 1159 for a free personalised consultation.

An image for contacting Jacob Decru, the Melbourne home loan expert
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