There is a lot going on in terms of Art/Music/Culture - However, it's pricey. $10 for pints of beer and food isn't cheap either and if you're a backpacker looker for a nice meal, you'll struggle.
Insider Tip:Cherry Bar - Rock 'n' Roll. Redlove - $5 pints - Cheapest place I've seen. Ding Dong Lounge - Music is class. CBD Trams - FREE!