MELBURNIANS take considerable pride in their hometown’s ‘Most Liveable City in the World’ crown, but property and planning experts are warning that the title is under threat.
Expensive housing, sprawling outer suburbs without proper infrastructure, clogged freeways and packed trains are all taking their toll on Melbourne’s once-enviable way of life.
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48 Spring Street East, Port Melbourne is for sale right now. The suburb of Port Melbourne recorded an average house price of $880,000 in 2012. In 2016 that had jumped to $1.4 million. Picture: Realestate.com.au Source:Supplied