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Melbourne Crowned Most Liveable City; Rental Prices Drop

1/18/2026

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Summary

Story summary

Melbourne is named Australia’s most liveable city in the 2025 Global Liveability Index and ranks fourth globally.
Melbourne's rental prices have declined over the past year.
Melbourne recorded a 1.6% vacancy rate in December, the highest among Australian capitals.
Victoria leads in new home approvals with 5,215 in November.
Melbourne Airport recorded record passenger numbers in December.

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Story summary

Melbourne is named Australia’s most liveable city in the 2025 Global Liveability Index and ranks fourth globally.
Melbourne's rental prices have declined over the past year.
Melbourne recorded a 1.6% vacancy rate in December, the highest among Australian capitals.
Victoria leads in new home approvals with 5,215 in November.
Melbourne Airport recorded record passenger numbers in December.