Melbourne offers a variety of accommodation options for long and short term business visitors and their families
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Short term visitors to Melbourne can stay in a range of world class hotels including the Accor, Hyatt and Hilton, as well as many smaller boutique hotels and serviced apartments.
For expatriates and business travellers looking to stay for a longer period of time, the CBD is becoming increasingly popular as a residential area, whilst the inner suburbs contain some of Melbourne's oldest housing, as well as some of Melbourne's newest developments. The bayside suburbs are renowned for their restaurants, bars and nightlife and the inner eastern suburbs are more exclusive and are very attractive areas for families. Further out of the city property becomes less expensive, and with larger blocks of land, are also very attractive options for families.
Housing and accommodation costs are relatively inexpensive in Melbourne. Australia ranked an inexpensive 20th place among 31 countries surveyed by the Economist Intelligence Unit World Wide Business Cost Comparison report in 2001. The average monthly rental for a typical expatriate apartment is US$1184.
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