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Sydney vs Melbourne: Which is the Best Place to Move and Settle?

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Comparision between Sydney Vs Melbourne
Are you torn between the vibrant city life of Sydney and the cultural charm of Melbourne? Deciding where to settle down is no easy feat, especially when both cities have so much to offer. From population growth and cost of living to weather and employment opportunities, there are many factors to consider. In this article, we’ll take a closer look at what makes each city unique and help you weigh your options. So sit back, relax, and let us guide you through the decision-making process.

Population Growth

According to the Australian Bureau of Statistics, Sydney grew by 57,100 people to 5.4 million residents over the 2019-20 financial year. In contrast, Melbourne added 80,100 residents in the same period to bring its population to 5.2 million. This means that Melbourne is growing at a rate that is 18% faster than Sydney and is projected to become Australia’s largest city by 2050. Population growth table by Australian Bureau of Statistics

Population Growth Table 2019-2020 by Australian Bureau of Statistics

The population growth in Melbourne can be attributed to several factors such as larger migration intake due to the Victorian government’s more liberal eligibility for skilled migration and Melbourne universities’ proactive approach to attracting international students. Cheaper housing in Melbourne is another factor that drives not only migration from overseas but also Sydney residents – both established Sydneysiders and recent international migrants struggling with the cost of living in Sydney – to move to Melbourne.

Cost of Living

When weighing the pros and cons of living in Sydney or Melbourne, one factor that can tip the scales is the cost of living. According to a report by Numbeo, the cost of living in Sydney is approximately 10% higher than in Melbourne. This includes expenses such as housing, food, transportation, and entertainment. Housing costs are a significant contributor to the difference in the cost of living between the two cities. For example, the median weekly rent on a unit (flat) in Sydney was $510 whereas in Melbourne it was $420, which is 20% lower than in Sydney. Property prices are also significantly cheaper in Melbourne compared to Sydney.

Weather

Weather is another factor that can influence the decision between Sydney and Melbourne. Sydney has more sunny days than Melbourne and has a milder climate overall. In contrast, Melbourne is famous for its tag “Four seasons in one day” and can experience rapid changes in weather conditions. Despite varying temperatures and public perception that Melbourne has worse weather than Sydney, it actually receives less rainfall – a total of 603 mm on average compared to Sydney’s 1223 mm. However, Sydney has hotter temperatures, less cloudy days and a greater number of clear days on average than Melbourne.

Employment Opportunities

Employment opportunities are an important consideration when deciding where to move and settle. Both Sydney and Melbourne have strong economies with diverse industries and job opportunities. However, there are some differences between the two cities in terms of employment opportunities. For example, Sydney has a larger financial services sector while Melbourne has a larger manufacturing industry. The technology industry is also growing rapidly in both cities with many startups and established tech companies setting up operations in both Sydney and Melbourne.

Lifestyle

When deciding between the iconic harbor views of Sydney and the cultural richness of Melbourne, lifestyle is another crucial factor to consider.Both cities have a vibrant cultural scene with many museums, galleries, theatres, and live music venues. They also have a diverse food scene with many restaurants serving cuisine from all over the world. Sydney is known for its beautiful beaches such as Bondi Beach while Melbourne is famous for its laneways filled with street art and cafes. Both cities have many parks and green spaces for residents to enjoy outdoor activities. Also Read: Preparing Your New Home for a Stress-Free Move-in Experience in Sydney

Conclusion

In conclusion, both Sydney and Melbourne have their own unique features and attractions that make them great places to move and settle. The decision ultimately depends on individual preferences and priorities. It is important to consider factors such as population growth, cost of living, weather, employment opportunities, and lifestyle when making your decision. We hope this article has provided you with valuable information to help you decide which city is the better place for you to move and settle. If you have any further questions or need assistance with your move, please don’t hesitate to contact our Sydney Removalists for more information.

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