|
Melbourne's North is characterised by high quality affordable
housing and housing developments, offering a high standard of
living location for posting of executive and expatriate
employees.
The combination of low living costs as well as high quality and
affordable housing in rural, semi-rural and city locations is very
attractive compared with similar localities in other major
Australian cities.
The cost of living in Melbourne for executives and managers is
20.6% cheaper than in Sydney in 2003. Source:
George Lombard Consultancy (2003).
A manager earning $2,000 per week in Melbourne would need $2,412
in Sydney to maintain the same standard of living. Source: George Lombard Consultancy (2003).
Average annual salaries in Victoria are around 10% less than in
the main competitive market of New South Wales. Source: NIEIR (1999).
Housing in Melbourne's North is significantly more affordable than
in many parts of Melbourne and in Sydney.
There are many high quality affordable residential developments in
Melbourne's North. Examples include the developments of the URLC -
Jacksons Hill Estate and Roxburgh Park in the City of Hume,
a new suburb being built called "Aurora" - one of Australia's
largest residential developments embracing sustainable living
principles, Lancaster Gate, in the City of Whittlesea and
Central Creek in the City of Darebin. Cosmopolitan inner
urban living in the Cities of Darebin and Moreland
complements this.
|
