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!
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 $1000 | to $5000 | minimum spend per event |
From $36 | to $82 | per person |
From $47 | to $203 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated September 2025), the best options include:
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.’