Student Living - 550 Lygon

550 Lygon St, Melbourne VIC 3053

Save up to AU$500

in exclusive student benefits T&Cs apply

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Up to £500 CashbackEarn £50 per ReferralAirport Pickup AvailableStudent Essentials Kit2× Cashback on Group Bookings
Starting fromAU$399/week
Located in vibrant Carlton, Student Living - 550 Lygon offers comfortable apartments close to Melbourne’s universities, parks, shops, and restaurants. With secure entry, bike storage, and parking, it’s a simple and affordable choice for students who value both independence and accessibility.

Amenities

Laundry
Parking
Bike Storage
24/7 Security
All Bills Inclusive

Offers

Upto AU$100 Cashback on Your Booking
Upto AU$100 Cashback
Refer a friend and avail AU$25 each
Get a friend to avail AU$25 each

Select your room

Studio

Self-contained studio with ensuite, kitchenette, study area, and lounge. Ideal for independent living on lively Lygon Street, just steps from food, shopping, and culture.

Sofa
Fridge
Lounge
Duration:
Move in:
Move out:
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AU$NaN/week

1 Bedroom Twin Share

Spacious twin-share with separate living/kitchen area, long single beds, and modern appliances. Perfect for roommates who want shared fun plus private downtime, all in a vibrant student community.

TV
Sofa
Fridge
Duration:
Move in:
Move out:
From
AU$NaN/week

Payment Policy

Rent and fees must be paid according to the schedule in your tenancy agreement. Most properties require an advance payment, such as a deposit, bond, or first instalment before move-in, and check-in is only permitted once all due payments are cleared. 

Payments can typically be made via bank transfer, debit/credit card, online portals, or approved international payment services. Instalment options (1, 2, 3, or 4 payments) may be available depending on eligibility and guarantor requirements; weekly payments are generally not offered. 

Most student accommodations include utilities such as water, electricity, heating, internet, and sometimes contents insurance, while personal expenses like TV licences remain your responsibility. 

Late or missed payments may result in reminders, interest, late fees, or further action. If you anticipate delays due to loans or other circumstances, reach out early for assistance. 
 For payment-related support, contact studentengage@alpha-way.com. 

Deposit Policy

A deposit or holding fee may be required to secure your booking, and the amount varies by property. This payment may later convert into a refundable security deposit or be adjusted against your first rent instalment, depending on the provider. Deposits are held safely under standard protection regulations and, unless stated otherwise, cannot be used toward rent. 

Your deposit is refundable at the end of your tenancy once the accommodation team has inspected your room. Deductions may apply for damage, missing items, cleaning, or unpaid rent. Refund timelines generally range from 10-28 days. If you disagree with any charge, you can dispute it through the relevant deposit protection scheme. 

Some properties request advance rent instead of a deposit; these payments are usually non-refundable but contribute to your first rent instalment. 
 For any questions regarding your deposit, please contact studentengage@alpha-way.com. 

Cancellation Policy

Cancellation terms depend on the policies of the individual accommodation provider and the conditions in your tenancy or licence agreement. In most cases, bookings become non-refundable after confirmation unless you meet specific exemption criteria, such as visa refusal, university non-admittance, or other verified exceptional circumstances. 

Some providers offer a short cooling-off period (usually around 7 days) during which you may cancel for a full refund of your deposit. After this period, deposits and fees are typically non-refundable, and you may remain liable for rent until a replacement tenant is found and approved. 

Cancelling after your tenancy begins or leaving early usually requires paying rent until a suitable replacement is secured, along with any applicable admin or re-letting fees. 

Alphaway is a third-party platform, and all final decisions regarding refunds or releases rest with the accommodation provider. 
 For cancellation support, contact studentengage@alpha-way.com. 

Frequently Asked Questions

What is a Bond?

Paying the Bond?

When should I apply?

How do I pay my rent?

How much is the Bond?

Student Living 550 Lygon - Student Accommodation in Melbourne | Alphaway