There are many things going on in Melbourne and many of these events are free.  The free tram zone is a great way to explore the city.  There are free entries to several museums and galleries.  Daily free walking tour is available twice a day in the city. 

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Where to see the best street art in Melbourne
You don't have to go far to see the best street art gallery in Melbourne city. The laneway grids that alternate between main roads made it a perfect venue for street artists.
Free Walking Tour in Melbourne
The Melbourne free walking tour gives you a comprehensive insights of the history and cultural background of Melbourne. The tour runs every day at 10:30am and 2:30pm.
Melbourne City Circle Tram Attractions
The Melbourne City Circle tram is a free service, which passes through major tourist attractions in the central business district. This is a fastest way to see Melbourne.