
Melbourne/Wool Exchange Top Hotel Picks
Select your travel dates to find the best prices and availability

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Once the bustling former Melbourne Wool Exchange, this heritage building now thrives as a creative haven. The original red-brick walls still carry echoes of 19th-century trade, but today they frame art exhibitions, pop-up markets, and the rich aroma of artisan coffee. Walking through these spaces feels like time travel—past meets present, tradition dances with innovation, and old bricks tell stories of reinvention.

This hotel perfectly blends Melbourne's chic style, located on Clarendon Street, just a short walk from Yarra River's vibrant dining scene and rooftop bars. Stay in spacious one or two-bedroom apartments with floor-to-ceiling windows and contemporary decor. Unwind at the heated pool or sauna after a day of exploring. Enjoy the convenience of valet parking and 24-hour reception. Don’t miss visiting Federation Square or the Melbourne Convention Centre nearby for a taste of the city’s energy!



















Everything you need to know about Wool Exchange
The Langham Melbourne is a top choice, located just a short walk from the former Melbourne Wool Exchange. This luxury hotel blends Victorian-era architecture with modern elegance, offering exquisite rooms and exceptional service. Guests enjoy access to a Michelin-starred restaurant and are perfectly positioned to explore the historic site’s architectural grandeur and contemporary art exhibitions.
Yes, the former Melbourne Wool Exchange is centrally located near Flinders Street Station and multiple tram lines, making it highly accessible. A recommended route starts at Bourke Street Mall, walks through Bloom Street to the Royal Botanic Gardens, then along the Yarra River waterfront, passing cultural landmarks like the Melbourne Town Hall and St. Patrick's Cathedral, ideal for a 1.5-hour immersive cultural experience.
The site hosts rotating contemporary art exhibitions and design markets showcasing Melbourne’s creative energy. Join a guided tour by local experts to uncover its history as a 19th-century wool trade hub. On weekends, enjoy street food stalls and artisan coffee, blending culture, heritage, and urban lifestyle in a vibrant setting.
The Langham Melbourne is a top choice, located just a short walk from the former Melbourne Wool Exchange. This five-star hotel blends Victorian architecture with modern luxury, offering breathtaking city views and exceptional service. Guests enjoy panoramic vistas of Melbourne's skyline and historic landmarks from spacious rooms. With a Michelin-recommended restaurant and a serene spa, it's perfect for travelers seeking elegance and convenience in the heart of the city.
Take the free City Circle Tram, which stops at Melbourne Central Station and Melbourne Arts Centre Stop, just a 3-minute walk from the former Melbourne Wool Exchange. The tram offers a scenic, eco-friendly route connecting major attractions. Alternatively, walk or bike along the city’s green corridors—passing by the Royal Botanic Gardens and Flinders Street Station—for an immersive experience of Melbourne’s urban charm and heritage.
The building showcases Victorian Gothic architecture, with red brick façades, intricate stonework, and pointed arches crowned by a central tower. Inside, original timber beams and vaulted ceilings remain intact, reflecting its past as a bustling wool auction hall. Features like ornate iron gates and classic fireplaces have been preserved, offering a tangible connection to Melbourne’s 19th-century commercial legacy. The structure stands as a living monument to Australia’s trade history.
Try Lune Croissanterie, a world-renowned bakery just a 5-minute walk away, famous for its handcrafted croissants and salted caramel éclairs made with natural yeast and premium butter. For a more substantial meal, visit The Meat & Wine Bar, offering locally sourced beef and curated wines in a sophisticated setting. Both are nestled in the heart of Melbourne’s historic district, blending exceptional cuisine with rich cultural surroundings.
Staying nearby offers unmatched accessibility to key hubs like Melbourne Central Station, Flinders Street Station, and the Royal Botanic Gardens. The area buzzes with independent cafés, art galleries, and heritage buildings, creating a vibrant cultural atmosphere. Guests can easily attend local events, enjoy morning walks, or evening strolls through the historic district—perfect for immersing in Melbourne’s dynamic lifestyle and authentic urban charm.
See what other travelers say about Wool Exchange

Staying at Shadow Play Melbourne by Peppers was an absolute delight! The location is unbeatable—situated right on the south bank of the Yarra River, it’s within walking distance to great restaurants, shops, and public transport. I found it super convenient to get around the city, especially with the tram just steps away. The room was spacious, clean, and well-appointed with everything I needed—comfortable bed, modern furnishings, and excellent lighting. Everything felt fresh and meticulously maintained, down to the bathroom, which was spotless. The staff were friendly and helpful throughout my stay. This place truly delivers on comfort, convenience, and quality. If you're visiting Melbourne, this is a top-tier choice that offers outstanding value. I’d definitely come back and recommend it to anyone looking for a stylish, well-located base in the heart of the city.

I was genuinely impressed—this hotel exceeded my expectations compared to what I’d read online. Walking from Windsor Station took about 30 minutes, mostly a gentle downhill slope, which made the journey enjoyable. Just a 10-minute stroll brings you right to St Kilda Pier and the beachfront, with stunning ocean views. There’s a Woolworths nearby for quick grocery runs—super convenient. Check-in requires a $1 AUD hold on your credit card, but it’s fully refunded if there are no extra charges upon checkout. The room was spacious and spotless, with large windows that open for fresh air. All essentials were included: kettle, mini-fridge, hairdryer, air conditioning, plus complimentary tea, coffee, and milk in single-serve packs. Free Wi-Fi was fast and reliable. Everything felt thoughtfully designed for comfort and convenience. With excellent value, friendly staff, and a prime seaside location, this is definitely a place I’d stay again.

Staying at Crest on Barkly Hotel was an absolute delight! The location is perfect—just a short walk from the train station, making it super easy to get around Melbourne. I loved how close it was to major attractions like the university and the cathedral. The hotel’s modern design and clean, spacious rooms made me feel right at home. The bed was incredibly comfortable, and I slept like a baby. What stood out most was the excellent value for money—great location, top-notch service, and plenty of nearby dining options. From cozy cafes to lively restaurants, there's something for every taste. Overall, this was my favorite stay in Melbourne so far, and I’d definitely book here again.

Staying at Wrap on Southbank was an absolute highlight of my Melbourne trip. The location is unbeatable—just a 5-minute walk to the South Bank promenade, with easy access to restaurants, shops, and scenic river views. From the moment I arrived, the staff were warm and welcoming, and I was pleasantly surprised with a complimentary room upgrade. The bed was incredibly comfortable, and the shower had excellent water pressure—perfect for winding down after a long day. The view from my room was stunning, especially at sunset. Everything about this stay felt thoughtfully designed, from the modern decor to the quiet, well-maintained rooms. I’d absolutely recommend this hotel to anyone visiting Melbourne, and I’ll be back here on my next trip.

Perfect for families! The location is unbeatable—just a short walk to the city center and right next to public transit, making it super easy to explore Melbourne. The serviced apartments are spacious, clean, and incredibly comfortable, with modern furnishings and high-quality bedding. I especially appreciated the fully equipped kitchen—great for preparing meals, especially when traveling with kids. The staff are friendly and helpful, always ready to assist. It’s quiet yet conveniently located, offering a home-like feel without sacrificing comfort or accessibility. With such a great price point and top-notch amenities, this place is an absolute must-visit if you're planning a family trip or even a long stay in Melbourne. I’ll definitely be coming back!

Staying at Melbourne SkyHigh Apartments was an absolute delight. The location is unbeatable—just steps away from Southern Cross Station, making it super convenient to explore the city by train. The view from the window is spectacular, especially during sunset when the skyline glows in golden light. The apartment itself was spotless, cozy, and well-equipped with everything we needed, including kitchen essentials. It felt like home from the moment we walked in. Clean, comfortable, and thoughtfully designed—this place truly delivers on every level. I’d highly recommend it to anyone visiting Melbourne, and I’ll definitely be coming back.

Staying at Park Inn by Radisson Melbourne Carlton was an excellent experience from start to finish. The location is unbeatable—just a short walk to the city center and surrounded by great restaurants, cafes, and local shops. I loved how safe and convenient it felt, even walking around late at night. The room was spotless, comfortable, and well-designed, with a cozy bed that made for a restful night’s sleep. Noise insulation was impressive—no disturbances from the hallway or street below. The staff were friendly, professional, and always ready to help. Check-in and check-out were smooth and efficient. Breakfast was a highlight: a wide variety of hot and cold options, fresh ingredients, and a good mix of international flavors. It’s rare to find such quality and value in a hotel this central. I’d definitely recommend this property to anyone visiting Melbourne—it’s a perfect base for exploring the city.

The hotel's location is perfect for exploring Melbourne, especially if you're driving. It's just a short walk from the city center and close to great dining spots and shopping areas. The parking facilities are excellent—plenty of spaces, well-organized, and reasonably priced. I was impressed with how convenient everything was, making my stay stress-free and enjoyable. Would definitely recommend this place for travelers who value both accessibility and practicality.

Winston Apartments exceeded my expectations in every way. The value for money is outstanding—affordable yet feels luxurious. Check-in was seamless, with friendly staff greeting me at the lobby and making the process effortless. The apartment itself was spotlessly clean, modern, and well-equipped, with no detail overlooked. The quiet, comfortable environment made it feel like a true home away from home. I especially appreciated the convenient services—ordering food and having it delivered straight to my door was a game-changer. Location-wise, it’s perfectly positioned for exploring Melbourne, with trams and cafes just steps away. Overall, this place felt more than four stars—it's a top-tier stay that I’d highly recommend to anyone visiting Melbourne.

Staying at StayCentral - Cityside on Whiteman Street in Southbank was a great experience. The room was incredibly comfortable, with a well-designed layout and cozy bedding that made for a restful night's sleep. Located right on the street, access to the building was seamless—just walk up and you're inside. It's perfect for travelers who want to be close to everything: restaurants, cafes, shopping, and the Yarra River are all just steps away. The location is ideal for exploring Melbourne’s vibrant city life without needing to rely on transport. I especially appreciated the quiet, peaceful atmosphere despite being in a bustling area. Overall, it’s a fantastic option for anyone looking for comfort, convenience, and value in a prime Southbank spot. Would definitely stay here again.

The Crest on Park apartments were spotless and well-maintained, with a clean, tidy feel throughout. The room was spacious and thoughtfully designed—really comfortable for our stay. Check-in was a bit tricky, but we understand it might have been a system hiccup rather than staff issue. Location is excellent—just a short walk to cafes, restaurants, and shopping spots. We easily caught the tram into the city center. Despite the minor check-in hassle, the overall experience was fantastic. Highly recommend this property for travelers looking for comfort, convenience, and great value.

I stayed here right before my exams, and it was the perfect spot to relax and recharge. The hotel has a classic old-world exterior, but the interior is surprisingly well-maintained and cozy. The air conditioning worked instantly—just turned it on and the room warmed up in seconds, which was a lifesaver during Melbourne’s chilly weather. What stood out most was the great value for money. For the price, the comfort, cleanliness, and location were all excellent. It’s not just a place to sleep—it felt like a quiet retreat when I needed it most. Definitely coming back if I’m ever in Melbourne again.
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