Quote:
Originally Posted by bossabreezes
What is causing Melbourne to grow so quickly, versus Sydney?
The city of Melbourne looks nice, but the surrounding area looks bland compared to Sydney. Plus it's a good deal colder there as well, so it wouldn't be my first pick in Australia.
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Port Jackson might be pretty but it all adds up to the cost of living in Sydney - whether you're buying or renting. The average joe, in Sydney, does not live on the harbour.
Sydney's sprawled out to its natural boundaries (national parks to the north and south) and has a smaller-ish amount of space left within its growth boundary for new suburban development (north-west and south-west outer fringes). Sydney has developed a lot more medium and high-density nodes as a result.
Melbourne on the other hand still has 3 growth corridors within the growth boundary (south-east, north and west) while also has about 1500 medium and high density residential projects through the inner and middle rings of the city - the suburban or urban dream is cheaper still in Melbourne versus Sydney.
Dark blue: built-out already, light blue: a mixture of existing industrial areas, green wedges, new space for more industrial/commercial and residential/sprawl, blue/yellow edge: urban growth boundary, yellow = Melbourne GCCSA (the main metropolitan population metric for Melbourne). Click the image for a larger version which also shows all the city councils that make up the metro area.
Also, we get more NOM in Melbourne and Sydney is the perennial net interstate migration loser (mainly up to QLD).