Sydney has now established itself as one of the most expensive cities in the world. However, tourism is still strong and rightfully so. With some of the world's most iconic attractions, award-winning restaurants and a calendar jam-packed with events, Sydney is a premier holiday destination.
With all that being said, you need a little money to enjoy everything that Sydney has to offer. One of the areas that travellers can cut back in are in accommodation costs. There are plenty of accommodation options in Sydney for those travelling on a budget.
Here are just a handful that are just a stone's throw away from the festivities.
Capitol Square Hotel 3 Campbell Street, Haymarket (from $99 a night)
Located minutes from the iconic Capitol Theatre and Chinatown, Capitol Square Hotel has established itself as a budget favourite. As part of the Rydges family, guests get free wi-fi in the hotel as well.
Sydney Central YHA Hostel 11 Rawson Place, Sydney (from $44 a night)
You couldn't ask for a better location than where Sydney Central YHA is located. The heritage listed building is located opposite Central Station in the hub of the backpacker precinct that will allow you to mingle with fellow holidaygoers. There are also fantastic amenities within the complex like a basement bar, a heated pool, a cinema and much more.
Base Backpackers Sydney 477 Kent Street, Sydney (from $33 a night)
Located in the heart of the city; Base Backpackers prides itself as being one of the cleanest hostels in all of Sydney. It's strolling distance from Darling Harbour and the Sydney Entertainment Centre. With a fun, youthful vibe, Base Backpackers is a great place to make new friends.
Mercure Sydney Potts Point 226 Victoria Street, Potts Point (from $99 a night)
With majestic views of Sydney and the Harbour, the fact that a room can be had for less than $100 is a steal. The hotel has a great modern vibe having recently been upgraded in 2011. Potts Point is home to more than 250 restaurants and cafes so its a foodie's haven.
There you have it. For more budget accommodation deals, check out Webjet and Zuji to save some money!