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http://www.yha.com.au The best Melbourne Central Youth Hostel is, of course, the Melbourne Central YHA. Backpackers come from around the world to this centrally hostel located on Flinders Street, close to Federation Square, the Yarra River and Southern Cross Station. Some facilities include fully equipped kitchens, comfy lounges on three floors, flat screen TVs and high speed internet with WiFi and Skype. Enjoy a large rooftop deck, free swimming pass, hostel activities, 24-hour hostel access and vibrant ground floor backpackers bar with great food and drink specials.