Warrnambool, Australia

Capital City

With a population of just 32,894, Warrnambool is a sleepy backwater on Australia's southern coast. The tax burden here is heavy, as the mainstay industries of dairy farming and manufacturing provide limited revenue. And while the nearby Great Ocean Road draws plenty of tourists, the climate is a persistent headache - expect cool, rainy winters and occasional summer scorchers up to 45°C. Still, the city has a lively sporting culture, with a thriving greyhound racing scene and the annual 'Grand Annual Sprintcar Classic' attracting racing fans from across the country. For those seeking a quiet, affordable lifestyle away from the big cities, Warrnambool could be a suitable option.