A new city has been announced as the 'world's most liveable'

For the first time in seven years Australia has lost the title, a European city taking the honours

Austria's capital Vienna has beaten Melbourne to be ranked the "world's most liveable city" in a new annual survey, ending the southern Australian city's seven-year reign.

It is the first time a European metropolis has topped the annual chart compiled by the Economist Intelligence Unit which identifies the best urban playgrounds to live and work in.

Each year 140 cities are given scores out of 100 on a range of factors.

Vienna scored a "near-ideal" 99.1, beating Melbourne into second place on 98.4. Japan's Osaka took third place.

Copenhagen was the only other European city in the top 10 at ninth place.

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Updated: August 14, 2018, 2:26 PM