From budget to luxury, we’ve chosen the best F1-friendly accommodation in Melbourne with easy access to Albert Park for the 2018 Australian Grand Prix on March 22-25.

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Melbourne is a large international city with an excellent supply of accommodation to suit all budgets. Unfortunately, most hotels impose an ‘F1 tax’ on Grand Prix weekend and prices go up across the board. We have also note an increase in prices during the past two years. On the plus side, the Australian dollar has fallen against international currencies in this same period, making prices more attractive for foreign visitors. Melbourne has also embraced Airbnb and there is a wide selection of rooms and apartments for rent direct from the owners for Grand Prix weekend. Prices are high, but the personal touch offered by owners can make your experience that much better than staying in a hotel. For the best deals and highest-rated accommodation, we recommend booking well in advance.

Budget

Melbourne has a wide selection of backpacker hostels, most of which are located in the center or in St Kilda, providing easy access to Albert Park. A bed in a dormitory should cost around $40-60 per night on Grand Prix weekend. If you want more privacy, you’ll pay around $80 per night for a private room in a hostel with shared bathroom. Budget hotels can also be found near the city with a private bathroom from around $150 per night.

Melbourne Central Hostel

A popular budget hostel in the center with a cool rooftop terrace. A single bed in a dormitory room costs approx. $50 per night on Grand Prix weekend.

Urban Central

A modern hostel and budget hotel located at Southbank, close to the entertainment precinct and with easy track access. A bunk bed in a dorm room costs $60-70 AUD per night.

Atlantis Hotel

Located in the western part of the city center, close to Docklands and 5 minutes from Southern Cross train station. Heated indoor swimming pool. Double rooms from $145 per night.

Mid-Range

Within the mid-range bracket, which we have classified as between $150-300 per night for a twin/double room, there are many good options in Melbourne. The city centre is home to plenty of decent mid-range hotels. The circuit is easily accessible and there’s a wealth of shopping, restaurants and nightlife to keep you busy after a day at the track. St Kilda also has a good selection of mid-range hotels and serviced apartments, as does the South Yarra area closer to the track.

Great Southern

Well-rated hotel within the CBD, walking distance from major sights and trams to Albert Park. Doubles from just under $200 per night on GP weekend.

Ibis Little Bourke St

Right in the heart of the city center with excellent access to shopping, restaurants and nightlife. Plenty of trams nearby to get you to the circuit. Doubles from $210 per night.

Amity South Yarra

Great location in South Yarra, close to both the shopping, restaurants and nightlife of Chapel Street and within walking distance of the circuit. Spacious 40m2 studios from $250 per night.

Luxury

Melbourne has no shortage of luxury hotels, with most premium international chains represented in the city, including Marriott, Sofitel, Hyatt and Radisson. Five star hotels rooms are generally priced between $400-800 per night on race weekend. The majority of  Melbourne’s 5-star hotels are located in the city center or nearby, making them convenient for both access to the circuit and the best shopping, restaurants and nightlife the city has to offer.

Mantra St Kilda Road

Modern, luxury aparthotel just across the road from the Albert Park circuit! Studios with balcony, kitchenette and aircon from $440 per night. Larger apartments with 1-3 bedrooms also available.

Melbourne Marriott

A trusted international brand with an excellent city centre location. Rooms are very spacious and the hotel features a swimming pool, sauna and fitness centre. Doubles from $470 per night.

Crown Towers

In the Southbank precinct next to the Yarra River, this luxury hotel is part of the Crown Entertainment complex which includes a vast casino, cinemas, theaters and bars. Double rooms from $1200 per night.

Where do you recommend staying in Melbourne? Leave a comment below!