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Diners' Choice: Best Value restaurants in Melbourne

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Updated June 05, 2024

Looking for the best value restaurants in Melbourne? You’re in the right place. Each month, OpenTable analyzes nearly 2 million global diner reviews from the past four months. We sort the results by location and category to help you discover new favorite restaurants. It's a great partnership: you reserve, eat, and review. We listen...and deliver the results for all to benefit. Enjoy!

A photo of Le Feu Springvale restaurant
4.7 (10)
$40 and under
About the restaurant
Springvale is not only the origin of Le Feu Cuisine, but also the most Vietnamese vibes you can find. Serving a diverse range of Vietnamese signature food: Bun rieu, Bun Mam, Lau Bo, Lau Chua,… along side with Le Feu Menu, we ensure a full belly and a smiley face after a meal with us.
Top review
Dined on May 24, 2024
As always absolutely FANTASTIC. Delicious fresh food, excellent friendly service. Highly recommend.
A photo of Bistra restaurant
4.9 (40)
$41 to $100
About the restaurant
Bistra is an Australian bistro serving quality food and wine; our fare draws its influence predominantly from British, French and Italian cooking and technique, and yet it is quintessentially Australian. You can expect generous, memorable plates championing seasonal ingredients and an extensive list of wines.
Top review
OpenTable Diner
Dined 5 days ago
We loved it! Will be back. Service, recs, food, atmosphere, exactly everything we thought hit the mark.
A photo of French Saloon restaurant
4.7 (340)
$41 to $100
Melbourne CBD
About the restaurant
Climb the narrow flight of stairs up from the red brick lane to enter the saloon. A table in the bustling dining room? Or a seat at the fluted zinc bar? Whether it’s a lunch, dinner or well crafted cocktails with a snack, bookings are essential.
Top review
Dined on Jun 11, 2024
We had the pleasure of celebrating another anniversary here. Such a perfect evening. Staff were attentive and knowledgeable, with great senses of time and space by knowing when to come over, and knowing when to leave us to enjoy our meal. The food was divine. Highly recommended
A photo of Bo Gurks restaurant
4.8 (303)
$40 and under
Pizza Bar
About the restaurant
Now stocking over 500 Independent Craft Australian beers from around Australia. New beers arriving weekly. Our traditional Italian style pizza is a hybrid between the Naples and Rome style pizzas. We use only the best ingredients and our dough made onsite is something trully exceptional. We have weekly specials to go with our core range of pizzas.

Top review
Dined on Jun 12, 2024
Absolutely awesome event 👏 👌 fantastic night of bingo 😀
A photo of Milton Wine Shop restaurant
4.9 (93)
$41 to $100
About the restaurant
Milton is a neighbourhood wine bar, operating since 2014 with simple ideas executed with detail.

We oer woodred pizza with quality at the core, a considered wine list representing producers who focus on honesty and representation of place. We are a venue to visit multiple times a week for a glass, dinner, or throw your birthday celebration at.

Our kitchen operates Tuesday to Sunday, featuring woodfired pizza alongside snacks and share plates that work with the wines we love to drink. Pasta nights on Tuesday and Wednesday.

Our Kitchen hours are:
Monday: Closed
Tuesday & Wednesday: 5-8:30pm
Thursday: 5-10pm
Friday: 3-10pm
Saturday: 12-10pm
Sunday: 12-8:30pm

Whilst reservations are recommended, we always keep a few tables aside both inside and out for walk-ins
Top review
Dined on Jun 8, 2024
Great selection of wines + some tasty food = a lovely night out
A photo of Joanne's Pizzeria & Bar restaurant
4.9 (38)
$40 and under
Pizza Bar
Carlton North
About the restaurant
Serving traditional and unauthentic pizza, including a plant-based & GF menu, in an intimate and cozy Victorian terrace in the heart of Rathdowne Village, Carlton North.
Top review
OpenTable Diner
Dined on Jun 9, 2024
Really good pizza and very friendly, efficient service.
A photo of Grandview Hotel restaurant
4.7 (284)
$40 and under
About the restaurant
Please return soon for more information on Grandview Hotel.
Top review
Dined on Jun 12, 2024
Very friendly helpful staff, delicious parmas and fun trivia! Highly recommend!
A photo of Mesob Ethiopian Restaurant and Bar Northcote restaurant
4.7 (404)
$41 to $100
About the restaurant
The cuisine of culturally rich Ethiopia utilises a sophisticated array of spices to produce a diverse and flavorful taste. Meals are traditionally served on a communal platter for sharing with friends and family.

Come and discover the charm of Ethiopia and MESOB.
Top review
OpenTable Diner
Dined on May 23, 2024
The food is delicious, the atmosphere is energetic and positive and the staff are ver friendly. My mother and I come here all the time and highly recommended Mesob for anyone wanting to experience Ethiopian cuisine.
A photo of Love Letter restaurant
4.9 (24)
$41 to $100
Modern Australian
About the restaurant
At Love Letter we are a semi-fine diner restaurant with a seasonal chaos menu, modern-Australian, French influence and a nostalgic lean towards the food that we grew up eating in Aussie, Jewish and Italian households.
Think old school French bistro classics with modern Australian flair, rotating snacks and specials.

Set in the heart of bridge road, we are a short walk to the MCG and Melbourne's entertainment precinct.
We have a thoughtful wine list, full cocktail menu, and frosty beers on tap.

Intimate enough for date night, big enough for a function.

From love letter, with love.
Top review
Dined on May 31, 2024
What a vibe for date night, seated right next to the bar, spoilt with food and drink choices, def will be back for their weekly special. Service was impeccable
A photo of The Wolf Windsor restaurant
4.4 (226)
$40 and under
About the restaurant
The Wolf Windsor provides a welcoming atmosphere for locals to eat, relax, enjoy a beer, watch the footy and simply withdraw from the hustle and bustle of Melbourne life for a while
Top review
Dined on Apr 15, 2024
Food was amazing! Tasted fantastic and the presentation was 10/10. Highly recommended
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