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Melbourne - Facts

Brief facts about Melbourne

Melbourne is the capital city of Victoria, Australia. Covering an area of 7,280 sq kilometre, it is home to 3.2 million people from diverse backgrounds and interests.

Melbourne's economic and political centre is located within the municipal boundaries of the City of Melbourne, an area of 36.5 sq kilometres, which encompasses the Central Business District, some of Melbourne most historic suburbs, the Southbank precinct site of new residential development with its own postcode 3006, and a casino. As well as most of Melbourne's famous sporting venues and its world famous parks and gardens.

Central Equity Ltd, Melbourne leading developer of inner city apartments, has contributed the majority of the Southbank residential developments, and continues to provide quality and value added apartments for those who seeks an inner city lifestyle. Central Equity has also many developments in the South Melbourne area, a suburb that has attracted much attention with the "young and professionally mobile group" in Melbourne.

Melbourne, the Garden State, is noted for its diversity, vitality, and sophistication, all of which have made it one of the world's most livable cities.

The government of the City of Melbourne is the Melbourne City Council, which, as Victoria's capital city council, speaks on behalf of all Melbourne local, national and international forums.

The City of Melbourne, working in conjunction with other local municipalities, is committed to ensuring that this Melbourne is one of the safest, healthiest, and cleanest in the world. It supports Melbourne's position as Australia's pre-eminent centre for arts and culture, education, fine food and dining and exciting shopping experiences.

Melbourne is the ideal location for international business, embracing a pro-business attitude. With an excellent strategic location in the Asia Pacific region, Melbourne is also the nation's transport hub a legacy for its highly developed infrastructure. It has a sophisticated industry base and skilled workforce, and offers low costs for doing business. Both the State government and the city of Melbourne actively encourage business opportunities and aim to make Melbourne the centre of business activity in the Southern Hemisphere.

Over the year of 1998/1999, Melbourne has successfully attracted 48 major conferences to Victoria, and that is an anticipated number of 45,600 delegates, which will definitely see an inflow of dollars and adds to the social growth on a whole. Melbourne has consistently ranked in the top ten of international convention destinations and is currently ranked 3 in advance bookings for the year 2001.

This is an indication that Melbourne is not only the place to live, but also for business and leisure activities. It has the infrastructures and facilities to hold large event and conduct business. Australia as a whole has abundance of entrepreneurial skills and spirit which is potentially ideal for economic growth and is geographically proximate centred relative to the rest of the states in the Australia.

Melbourne has also fostered Sister City relationships with 5 other cities in the world. The relationships are built to transcend political boundaries and celebrate and ethnic difference. The City of Melbourne's sister cities are Osaka (Japan), Tianjin (China), Thessaloniki (Greece), Boston (USA) and St Petersburg (Russia).

Leisure and Entertainment

Passionately devoted to sport, and the arts, the people of Melbourne enjoy a wealth of both in a surprising number of venues indoors and out.

The following describes Melbourne at its best (www.melbourne.vic.gov.au):

Built on two waterways, the Yarra River and the Port Phillip Bay, Melbourne has always been bother a bustling seaport and city pre-occupied with river-bank activities. On sunny summer morning's well-dressed executives from nearby city offices breakfast in groups by the water, while cyclists and joggers follow paths hugging the river's edge. With the city skyline as a backdrop, the scene is one of extraordinary beauty and tranquillity.

Some of Melbourne's sense of fun, and individual character is evident during the Spring Racing Carnival, particularly at the running of the Melbourne Cup in November, when high fashion and mad hats are the order of the day. Another fine example of Melbourne at its individual best is during the Aussie rules footy season. Played during the winter months, the Grand Final regularly attracts crowds in excess of 100,000 Melburnians, each one barracking and bawling instructions from the stands.

Melbourne has also come to be known as one of the restaurant capitals of the world. A rich multicultural population has contributed, and there is barely a cultural dish that cannot be found. A city that can play host to an international tennis match one day, and stage an outdoor concert for the Three Tenors the next, is just a taste of what is available at any one time in the "world's most livable city".

The city of Melbourne is the home, workplace and leisure centre of one of the world's most harmonious communities. Internationally renowned as a livable city, Melbourne is also regarded as one of the friendliest cities in the world.

Melbourne also offers world class education system. Australia has become a top preference for parents to send their children to obtain high standard of education. Melbourne ranks highly on the list in safety, affordability, geographically proximate compared to, say, European countries. Best of all is the balanced lifestyle with plenty to do.

Central Equity is a reputable provider of inner city living has responded to the demand of inner city apartments. Given the changing demographics, there is a general increasing trend to switch from the traditional house & land ownership in the outer suburb to a low maintenance prestigious apartment located in the "heart of the action". Also increased migration, a more mobile work force and higher international students numbers are drivers of demand.

Central Equity delivers apartments of high quality, affordable and located in Melbourne addresses that many would envy. Most apartments have spectacular views of the city and the bays, which is ideal for living and especially entertaining. As owner-occupier or investors of Central Equity apartments do reap the rewards of living so close to everything Melbourne has to offer as described earlier.