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Educational News

Complete Guide to study in Melbourne: Accommodation, Universities, Cost of Living

Written by SkyBloom SkyBloom

Imagine Melbourne as one big classroom where the city’s famous coffee shops and hidden laneways become your study desks. Moving here is an exciting adventure, but it also comes with challenging decisions about where to live and which degree to choose. This guide skips the confusing jargon to show you exactly how to find a great university and a comfortable home without breaking the bank. Think of this as your “cheat sheet” to starting your new life in Australia’s most creative city. Let’s get started!

Top Universities in Melbourne for International Students

In your life, you will come across some universities that might limit your learning to classrooms. But in Melbourne, this is not the case. The city gives international students an opportunity to learn in an environment that feels global yet personal.  Below are some of the premier universities that merge top notch education with a vibrant creative energy:

The University of Melbourne

Located in north side of the city centre, the University of Melbourne is one of the highest ranked universities in Australia. Founded in 1853, it has a vibrant student community of over 53,000. Below are the key details of this university:

  • #13 in QS World University Rankings
  • # 37 in THE World University Rankings
  • Ranks #10 globally for its law courses
  • In addition to this, it ranks #18 in Medicine and # 13 in Education courses
  • UG course fee typically ranges from AUD 40,000 to AUD 58,000 per year
  • PG course fee ranges from AUD 45,000 to AUD 60,000.

Monash University

Established in 1958, it is a research based public university in Melbourne. As of 2026, it is a member of the prestigious Group of Eight (Go8). Beyond its primary campus, Monash has international campuses in Malaysia, China, India and Italy. Some of the key aspects of this university are:

  • #37 global ranking according to QS World University Rankings.
  • Home to the #1 Pharmacy and Pharmacology course.
  • Other best courses provided by the university: Engineering, Business, and Data Science
  • Annual tuition fee for international students is AUD 30,000 to AUD 50,000.
  • Named after well-known Australian military leader and engineer “Sir John Monash”.
  • Its Monash International Merit Scholarship provides up to AUD 10,000/year.

RMIT University

RMIT University (Royal Melbourne Institute of Technology) was established in 1887. Known for its technology, design and enterprise courses, RMIT focuses on providing practical learnings to its students. Following are the facts and figures of this university:

  • #123 globally in QS World University Rankings.
  • #21 for its Art and Design course.
  • UG course fee ranges from AUD 20,000 to AUD 45,000.
  • PG course fee ranges from AUD 22,000 to AUD 50,000.
  • There are approx. 91,544 students and over 11,000 staff as of 2023.  
  • Apart from its city campus in Melbourne, it also has campuses in Vietnam.

Best Student Accommodations in Melbourne

For international students in 2026, the best student accommodation Melbourne is dependent on what you prioritize the most. Are you someone looking for proximity? Or are you someone who wants luxury amenities, that too in a limited budget? Whatever preferences you have, below are some of the ideal options for students who want practical, premium and budget-friendly accommodation:

Ozivillage Cardigan, Melbourne

If you are looking for a place to stay in Melbourne for your university days, this is a perfect option. It will not only be on your budget but also be accessible and friendly. Located in 419 Cardigan St, Carlton, it is just few steps away from the University of Melbourne. 

  • Rent here starts from AUD 330/week
  • The rooms here are fully furnished and air conditioned
  • You will also get bicycle storage in the property

Ozivillage Swanston

It is one of the premium accommodations located at 864 Swanston St, Carlton. The stay options here are super flexible, with you being surrounded by some of the top hangout spots in the city. In addition to this, the area is well-connected, making it easy for you to travel around. 

  • The rent starts from AUD 255/week
  • Water, gas, and electricity bills are all included in the rent
  • Here you will find both studio and shared room options

Scape Melbourne Central

This housing option puts you right in the middle of action. Located at 316 La Trobe St, Melbourne, it is just 6-minute walk away from RMIT university. The moment you step out, you will find yourself surrounded by cafes, libraries, etc. 

  • Melbourne Central Shopping Centre is just 3 minutes’ walk away
  • This place provides you with airport pickup services.
  • Starting rent here is AUD 339/week

University Square

It is ideally located at 81/85 Barry St, Carlton. This modern student housing in Melbourne provides convenient access to major universities, city attractions and transport links. Under-18 students are allowed to stay here.

  • This place follows No visa, No pay and No University, No Pay option.
  • Amenities such as a games room, skyline terrace and outdoor courtyard are given to you.
  • The starting price of this accommodation is AUD 329/week.

Cost of Living in Melbourne

The average cost of living for Melbourne is high with estimated monthly rent being AUD1,200-AUD1,500. As for the families, it goes over $3,000. Below is the rough guide of cost of living in the city: 

Expense Type Average Weekly Cost
University-Managed Housing AUD 250 – 375 
Private Rentals (shared or studio) AUD 250 – 425 
Homestays (with meals) AUD 320 – 400 
PBSA AUD 300 – 425
Electricity & Gas bills (if not included in the rent) AUD 25 – 50 
Internet AUD 7 – 15 
Groceries AUD 70 – 120 
Eating Out (cheap eats) AUD 5 – 7 per meal 
Myki Public Transport Card (student rate) AUD 15 – 30 
Cinema / Entertainment AUD 18 – 25 (student discount valid)

Conclusion

Choosing Melbourne is a life-changing decision but turning that dream into reality requires the right support system. From choosing a world-class degree to managing your monthly budget, the journey is much smoother when you have experts by your side.

To move the stress out of your way, you can use University Living to find verified student housing options, compare prices, and secure a safe place to stay before you even land. By balancing top-tier academics with the right home base, you’ll be perfectly positioned to enjoy everything Australia’s cultural capital has to offer.

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