What are the pros and cons of living in Australia specifically in Melbourne?

Vote #1 Kim Huynh’s answer to What are the pros and cons of living in Australia specifically in Melbourne? This will be rather more superficial.

Pro Melbourne:

• Lots of parkland.
• Good public transport system (so long as you’re commuting to and from the CBD)
• Critical mass of culture in general
• Excellent foodie culture
• Excellent sporting culture
• Low crime rate
• Peaceable population, for the most part
• Pleasant surrounding countryside
• I live here. And really, what more do you need.

Contra Melbourne:

• The weather. Way too volatile, and searing hot or raining (or both within hours).
• Far away from anywhere (except Geelong, I guess). Even Sydney is an hour flight away.
• Cost of living is high
• Real estate is unaffordable
• Infrastructure is starting not to keep pace with the population
• Allied with both: emerging have and have-not geographical divide; it’s not as bad as Sydney yet, but it will be
• Not as many high-powered jobs going as in Sydney
• Like most coastal cities, a lot of it is going to be underwater in a few decades