Melbourne, Australia, Then and Now

 

A coastal city and capital of Australia’s smallest state of Victoria, Melbourne is the second most populated city in Australia, comprising of nearly 4.6 million citizens who refer to themselves as Melburnians. The largest city in Victoria, Melbourne is a bustling culture combined of a rich history and bright future.

Melbourne’s Rich History

Founded in 1835 by British settlers from a crown colony, Melbourne became one of the wealthiest cities in the world as a result of the 1850’s gold rush, and continues to this day to be a bustling metropolitan area bursting with rich history and culture. Originally named Batmania after the explorer John Batman, the town was renamed Melbourne in 1837 after British Prime Minister William Lamb, the 2nd Viscount of Melbourne and close friend of Queen Victoria. During the gold rush, the city’s population nearly doubled, with houses and shopping streets going up along the major roads. With the addition of banks and a government house, Melbourne quickly grew larger than Sydney to become the largest city in Australia. The city suffered an economic breakdown during the 1890’s, with the collapse of land banks in 1890 and Banking crisis of 1983, which left the city in the midst of a depression. As the city began to recover in 1901, it became the government seat for the country, and later experienced a population and economic boost as post WW immigrants flooded the country.

Melbourne’s Rich Culture

Due to international investments in many of Melbourne’s companies, Melbourne has experienced an economic and population growth that has lasted more than two decades, making it one of the wealthiest cities in Australia, and also the world. With the creation of more jobs, and the population nearing five million, the city has recently experienced property price and rental increases as people flood the urban neighborhoods dotting the city. With a forward thinking art scene, featuring aborigines, local artists, and international artists, Melbourne has emerged as a cultural treasure trove, which has only been improved by the first rate fine dining, and also the music and film industry that combines a love of the past with hope of the future to create one of the city’s major money making industries. Even with all the global industries and business moving about Melbourne’s city center, a community feel and balance is still maintained with how the city focuses on education and the bettering of its citizens. Melbourne is home to an exceptional primary and secondary education system, as well as seven universities, including the best rated university in the country.

 

What started out as a British colony quickly surpassed all expectations as it grew beyond recognition to become one of the most populated and culturally rich cities in the world. With no expectation of slowing down any time soon in the business and art fields, Melbourne is set to remain one the wealthiest cities in the world, and a prime destination for all. Contact

 

 

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