Hobart, Australia

Capital City

At just 197,451 people, Hobart is the least-populated capital in Australia. With a median house price over $1 million, it's also one of the most expensive cities to call home. The tax burden is heavy, and the bureaucracy can be a persistent headache. But Hobart's mild maritime climate and stunning natural surroundings make it an alluring option for those seeking an unconventional, artsy lifestyle - provided you don't mind the occasional bout of sleet.