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Top Affordable Function Rooms in Melbourne CBD
Melbourne CBD is home to affordable function rooms that are stylish and comfortable. Host your event in a trendy bar with exclusive areas in Flinders Lane, a charming hotel venue along Collins Street, or a private dining room near Queen Victoria Market. These spaces are designed to fit your budget while offering features like customisable layouts, in-house catering, and AV facilities to make your event go smoothly with a hitch. At Tagvenue, we have a selection of the best spots, and with our highly specific search filter, you can look only through those venues that meet your needs. Book today!
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![The Cellar at The George on Collins in Melbourne CBD]()
from $2500
minimum spend / per sessionCheck availabilityThe Cellar
220 guestsThe George on CollinsMelbourne CBDKKels J.
“Everyone loved the space and could not get over how beautiful everything was.” -
![Follies Bar at Father's Office Downtown - Flinders Lane in Melbourne CBD]()
from $2000
minimum spend / per sessionCheck availabilityFollies Bar
150 guestsFather's Office Downtown - Flinders LaneMelbourne CBDRRashmi G.
“Excellent venue. Very accommodating and reasonable priced. Tasty food.” -
![The Glasshouse at The Cluster in Melbourne CBD]()
from $1100
hire fee / per sessionCheck availabilityThe Glasshouse
50 guestsThe ClusterMelbourne CBDNNicola W.
“Great location. Creative Space that allows for both business meetings and trainings.” -
![The Green Room at La Madonna in Melbourne CBD]()
from $2000
minimum spend / per sessionCheck availabilityThe Green Room
30 guestsLa MadonnaMelbourne CBDLLouise S.
“We had group of twelve people in The Green Room and the space we had was fantastic.” -
![Bookies Room at Turf Bar in Melbourne CBD]()
from $36
per person / per sessionCheck availabilityBookies Room
25 guestsTurf BarMelbourne CBDRReece
“Service was great. Food was excellent; feedback from all there really enjoyed the food.” -
![Exhibition 1+2+3 at Dexus Place 80 Collins St in Melbourne CBD]()
from $924
hire fee / per hourCheck availabilityExhibition 1+2+3
120 guestsDexus Place 80 Collins StMelbourne CBDThe flexible and expansive Exhibition 1+2+3 rooms provide the ideal space to host conferences & seminars, town hall presentations and offsite training. -
![Dining Room at Morena Restaurant in Melbourne CBD]()
from $5000
minimum spend / per afternoonCheck availabilityDining Room
35 guestsMorena RestaurantMelbourne CBDThe space can be prepared for 35 people attending corporate events, celebratory dinners, or small functions. The modern style of the interior makes the room versatile, with its light color palette, wooden furniture, and decorative -
![Studio 2 at Zinc at Fed Square in Melbourne CBD]()
from $15000
minimum spend / per sessionCheck availabilityStudio 2
200 guestsZinc at Fed SquareMelbourne CBDKeep it cozy in Studio 2. With its private riverside entrance and outdoor deck offering views of the Yarra River, Princes Bridge, and the Arts Precinct, this space brings a sense of calm and exclusivity to the CBD. -
![Jumar Function Room at Jumar Bioincubator in Melbourne CBD]()
from $200
hire fee / per hourCheck availabilityJumar Function Room
110 guestsJumar BioincubatorMelbourne CBDWith cold food catering available to complement the modern amenities, this space provides the ideal environment for engaging, impactful events. Functions Room & Networking Area is perfect for: Team activity venue Melbourne -
![Workshop Space at Hub Southern Cross in Melbourne CBD]()
from $330
hire fee / per hourCheck availabilityWorkshop Space
48 guestsHub Southern CrossMelbourne CBDOverlooking Southern Cross Station, Hub's workshop space offers the ideal space for your next training, workshop, or external event. The purpose-built workshop space provides a fully-equipped customizable space to suit your -
![Studio 1 at Zinc at Fed Square in Melbourne CBD]()
from $15000
minimum spend / per sessionCheck availabilityStudio 1
500 guestsZinc at Fed SquareMelbourne CBDPaired with our signature Zinc service, your guests will be treated to top-tier hospitality in a space that’s as warm and welcoming as it is stylish. -
![Bar at Lustre Bar in Melbourne CBD]()
from $3000
minimum spend / per dayCheck availabilityBar
60 guestsLustre BarMelbourne CBDLooking for vibes and great drinks? Lustre Bar is the place to go! The venue has a capacity of 60, and will be a fit both for casual drinks and a more structured celebration.
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FAQs about Top Affordable Function Rooms in Melbourne CBD
The cost of affordable function rooms in Melbourne CBD averages around $2000 minimum spend per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Melbourne CBD, based on Tagvenue data from October 2025:
| From $1000 | to $5000 | minimum spend per event |
| From $35 | to $79 | per person |
| From $47 | to $284 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:
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The Cellar at The George on Collins in Melbourne CBD - rated 4.9/5
Our user said: ‘The food was incredible and we loved that the delicious courses just kept on coming.’ -
Follies Bar at Father's Office Downtown - Flinders Lane in Melbourne CBD - rated 4.9/5
Our user said: ‘Excellent venue. Very accommodating and reasonable priced.’ -
The Glasshouse at The Cluster in Melbourne CBD - rated 4.7/5
Our user said: ‘Creative Space that allows for both business meetings and trainings.’
You'll find affordable function rooms in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Melbourne CBD, together with the standard prices in each size range, based on Tagvenue data (October 2025):
| Small affordable function rooms | up to 40 guests | prices average $1000 minimum spend per event |
| Medium affordable function rooms | between 60 and 100 guests | prices average $2000 minimum spend per event |
| Large affordable function rooms | over 120 guests | prices average $5000 minimum spend per event |
