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Where to start life in Melbourne?

Hello everyone, what a wonderful site I have come across:-).
I am originally from Europe. Been living in Brisbane-Au for 9 years. I need a change of scenery and more culture than what BNE can offer so I am moving to Melbourne, leaving on the 5th of March.
I have been to Melbourne once in '06. Stayed in St. Kilda at the time. Any suggestion where to start my life at? Which suburbs to consider? I have a low budget at the moment as I have been studying full-time for the past two years. I am thinking about spending $ Protected content week on rent.
If you have a room or known anyone please let me know!