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Living In Madrid - What's it like for an expat?

Hi, I'm Australian and moving to Madrid in 6 months time to live. I've actually never been to this city before but will take the chance and settle there for some time. I would love to hear about expat's opinions about living in Madrid as I've only spoken to people who have briefly visited the city. Is there a demand for English Language Teachers? Finding work is generally easy come August/Sept? Which areas of the city are safe and nice to live in? ...anything you'd like to share with me will be welcomed! Thank you for your time, I appreciate it. I lived in Rome for one year, was a great experience but would now like to try another major city :)