The public transport of Victoria provides a reloadable ticketing system through smart card called Myki. The Myki card is your ticket to travel on Melbourneâ€™s train, trams and buses.
The reusable card is easy to use, simply top up before your journey and then touch on and touch off at a myki reader as you travel.
Myki Money: suitable for occasional users top up your myki by paying as you go.
Myki Pass: suitable for frequent users top up your myki with consecutive days of travel.
Unlimited Monthly Fare (30 days) $138.60 AUD
Unlimited weekly fare $37.60 AUD
Cost per day $7.52 AUD
For more information: http://ptv.vic.gov.au/tickets/myki/)
Best choice for short distances is a Bicycle. You can get a used bicycle via www.gumtree.com.au
Remember to use helmet all the time for your protection and to comply the safety regulation.