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CityWatch | Sydney
Asia Pacific’s coastal gem
Our global research team analyzed more than 4,000 cities and identified the top 2% we believe are most attractive to people and businesses, today and in the future. Sydney is one of those cities.
- Thriving population: 5.1m
Australia’s largest city and the state capital of New South Wales.1
- Economic strength: 25%
Percentage of Australia’s economic activity generated in Sydney, including services, manufacturing, mining, finance, property and retail.2
- Leading financial center: 65%
Percentage of the country’s banks, financial services, insurance fund management and stockbroking firms — as well as one-third of the sector’s employees — located in Sydney.3
- Multicultural: 32%
Percent of Sydney’s population born overseas, versus 22% for Australia overall. More than half of its residents are first- or second-generation immigrants.4
- Quality of life: Top 10
Rank among the most livable cities worldwide, annually.5
Global investors frequently diversify across regions, countries and markets. We believe selecting cities considered resilient and sustainable — both economically and environmentally — can help deliver attractive risk-adjusted returns. Sydney is Australia’s iconic face to the world and the nerve center of the country’s commercial and financial activities. The city’s 2030 strategy sets the vision for a green, global and connected Sydney.
In this issue
1 World Population Review.
2 Oxford Economics
3 Australian Banking Association
4 Australian Bureau of Statistics
5 The Economist, annual quality of life index.
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