Melbourne CBD, also called Melbourne City, the City, has the highest number of businesses and residents in this small area. It is centred on the Hoddle Grid, the oldest part of the city laid out in 1837 and includes its fringes.
The central business district (CBD) is Melbourne's business and financial centre. It encompasses the area from Flinders Street (south) to Queen Victoria Market (north) and from Spencer Street (west) to Spring Street (east), plus the area between Victoria and Latrobe streets. Whether you are a visitor or a resident, you would find everything you need in this area, from retail, financial service, legal service, pharmacy, administration, arts, education, tourist and entertainment facilities. Some of them operate 24 hours a day and can meet your needs anytime. RMIT locates its campus in the City. The University of Melbourne is located in Parkville, which is only ten minutes’ walk from CBD. When you are in the City, you can see a lot of young people with the ambition to create a better future.
The over-supply of office space in the CBD during the 1990s coupled with the City of Melbourne's Postcode 3000 initiative has led to a resurgence in inner-city living. CBD's population is currently one of the fastest-growing small areas in Australia. Nowadays, with a lot of new luxury apartments in CBD, you can enjoy the quality of living without sacrificing your convenience. All the trams are free to take in this area. You can enjoy the cultural diversity as well as delicious food from different countries without travelling around the world. Isn’t it exciting to live in such an energetic city?