There are many cheap accommodation options around Melbourne and these are the best value. The Melbourne Metro YHA, being one of the new breed of flashpacker, offers incredible value for money and should be the number one choice - especially considering its location just a few minutes from the CBD but in the heart of North Melbourne. Nomads Industry also resembles a four stay hotel, but also has a popular bar which has been adopted by locals and is busy most nights of the week. Both places offer twin, single and dorm accommodation.
The Nunnery is opposite the Carlton Gardens and the Melbourne Museum and should be number one choice for those that want to stay in the lively suburb of Fitzroy. Richmond Hill Hotel is ideally located in the heart of Richmond, which is known for its Vietnamese cuisine and clothes outlets.
The Victoria and City Centre Hotels are both situated in the heart of the CBD and offer clean and comfortable budget accommodation.
Coffee Palace Backpackers is for those that want to stay in the popular suburb of St Kilda and is very sociable. As is King St Backpackers which is in the heart of the nightclub and strip club district.
Chapel Street Backpackers is ideal for those that want to stay in the trendy strip, where bars, nightclubs and designer fashion houses line the street.
Nomads All Nations is a party hostel and is close to all transport.
116 Nicholson Street
94 Flemington Road