Melbourne is the capital city of the State of Victoria. It is situated on the banks of the Yarra River and around the beautiful beaches of Port Phillip Bay. It is an attractive, spacious city with an abundance of parks, gardens, sporting venues, and scenic places. Melbourne is also a sprawling city with suburbs extending up to 60km from the city center.
Melbourne is a truly multicultural city. The population is approximately 5 million. There are now people from over 140 nations living harmoniously together. This broad ethnic mix has brought many benefits to the city including a wide range of cuisines and more than 2,300 elegant and cosmopolitan restaurants, bistros, and cafés.
Melbourne is considered to be the fashion (and shopping) capital of Australia and offers some of Australia's biggest shopping complexes as well as sophisticated, exclusive boutiques and a host of lively and popular markets. Melbourne has an excellent public transport system with trams, trains, and buses providing an extensive network throughout the city and suburbs. For more information please visit www.studymelbourne.vic.gov.au.
Cost of Living
Australia is a sophisticated, friendly country that enjoys one of the highest standards of living in the world. Knowing the average living costs in Australia is an important part of your financial preparation. For your reference, here are some of the costs associated with living and studying in Australia (all costs are in Australian dollars).
The costs below are an approximate guide only. Students should be aware that these costs can vary depending on their study location in Australia.
| Accomodations | |
| Hostels and Guesthouses | $230 - $285 per week |
| Shared Rental | $200 - $240 per week |
| On campus | $425 - $695 per week |
| Homestay | $295 - $360 per week |
| Rental | $285 - $345 per week |
| Boarding schools | $24,000 - $37,500 a year |
| Living expenses | |
| Groceries and Eating Out | $140 - $280 per week |
| Gas & Electricity | $60 - $140 per week |
| Phone & Internet | $15 - $55 per week |
| Public Transport | $30 - $60 per week |
| Car (after purchase) | $200 - $300 per week |
| Entertainment | $80 - $150 a year |
| Minimum Cost of Living | |
| The Department of Home Affairs has financial requirements you must meet in order to receive a student visa for Australia. From 10th May 2024, the 12-month living cost is: | |
| For you | $29,710 |
| Partner or Spouse | $10,394 |
| Child | $4,449 |
All costs are per year in Australian dollars. To convert to your own currency, visit www.xe.com.
The Australian Government provides information and guidance on managing your finances. You can read more at www.moneysmart.gov.au
If you experience financial trouble while in Australia, talk institution's student support staff for assistance.
