4-star hotels in South Yarra

You can always cancel or amend your hotel reservation if you need to, but look out for hotels in Melbourne with free cancellation or flexible booking options if you want to protect your money. Some hotels allow you to cancel and get your money back if your plans change.

Of course, the cheapest hotel deal we found within the next seven days is $164 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for $242 per night.

The average price of a hotel during the week is $294 per night, and the average price on weekends is $409. Overall, it looks like the cheapest day to stay in Melbourne could be Wednesday.

We crunched some numbers on our calendar and found that Wednesday is the cheapest day to stay in Melbourne, and the most expensive day seems to be Friday.

The average price of a 5-star hotel in Melbourne is currently around $333 per night, and the cheapest 5-star hotel we've found is $213 per night.

The cheapest month to stay in a hotel in Melbourne is February, with an average price of $207 per night. The most expensive month is March, when the average room rate can be up to $364 per night. These average prices are based on all the hotels we found – from hostels to fancy 5-star hotels.

The average price of a hotel in March is $364 per night, which is around 35% higher than the rest of the year.

Get your morning laps at The Olsen Melbourne Art Series and The Como Melbourne.