The world’s most liveable cities revealed – 2021

Covid has shaken up the rankings of the Economist’s annual survey of the world’s most liveable cities.

This year Auckland tops the list – a place held by Melbourne for 7 years in a row until it lost its title to Vienna in 2018 and was in second place last time the list was compiled in 2019

This year Adelaide stole the show, ranking as the third most liveable city in the world for 2021.

Overall Australia has again fared well with six of the top ten cities being located in New Zealand or Australia, where tight border controls have allowed residents to live relatively normal lives.

And Sydney just missed the top 10 list coming in at #11.

Affordability is not measured.

However, the list does not take affordability into account, with house prices in both Australia and New Zealand reaching all time highs.

The average house price in Auckland is $1,219,183, up 16.5 per cent in a year according to Corelogic

Wellington, NZ’s capital, is up 27.2 per cent to $1,001,732, the most rapid growth of all major Kiwi cities.

This compares to Australia’s house prices, which jumped 14.3 per cent in a year on average.

Europe is struggling

European cities fared particularly poorly in this year’s list

Vienna, previously the world’s most liveable city between 2018-20, fell to 12th.

Eight of the top ten biggest falls in the rankings are European cities.

Ten of the least liveable cities in the world

Damascus remains the city where life is most difficult because of Syria’s ongoing civil war.

1. Caracas, Venezuela
2. Douala, Cameroon
3. Harare, Zimbabwe
4. Karachi, Pakistan
5. Tripoli, Libya
6. Algiers, Algeria
7. Dhaka, Bangladesh
8. Port Moresby, PNG
9. Lagos, Nigeria
10. Damascus, Syria

The biggest fall overall among the European cities was the port city of Hamburg in northern Germany, which fell 34 places to 47th.

Now is the time to take advantage of the opportunities the current property markets are offering

Sure the markets are moving on, but not all properties are going to increase in value. Now, more than ever, correct property selection will be critical.

You can trust the team at Metropole to provide you with direction, guidance, and results.

Whether you’re a beginner or an experienced investor, at times like we are currently experiencing you need an advisor who takes a holistic approach to your wealth creation and that’s exactly what you get from the multi-award-winning team at Metropole.

We help our clients grow, protect and pass on their wealth through a range of services including:

1. Strategic property advice – Allow us to build a Strategic Property Plan for you and your family.  Planning is bringing the future into the present so you can do something about it now! Click here to learn more
2. Buyer’s agency – As Australia’s most trusted buyers’ agents we’ve been involved in over $4Billion worth of transactions creating wealth for our clients and we can do the same for you. Our on the ground teams in Melbourne, Sydney, and Brisbane bring you years of experience and perspective – that’s something money just can’t buy. We’ll help you find your next home or an investment-grade property.  Click here to learn how we can help you.
3. Wealth Advisory – We can provide you with strategic tailored financial planning and wealth advice. Click here to learn more about we can help you.
4. Property Management – Our stress-free property management services help you maximise your property returns. Click here to find out why our clients enjoy a vacancy rate considerably below the market average, our tenants stay an average of 3 years, and our properties lease 10 days faster than the market average.

from Property UpdateProperty Update https://propertyupdate.com.au/the-worlds-most-liveable-cities-revealed-2021/