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Where do I stay in Melbourne?

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I recently got PR for Melbourne under visa category 190. I am planning to move there this December 2017-January 2018. I am a single guy in my 30s with an IT background and having US/India work experience. What will be the best place in Melbourne to look for an 1 bedroom apartment or Studio so that I can stay a few months on rent and search for an IT job? Public transportation availability near the place will be awesome as well because I am not planning to get a car for a few months. My budget is decent and could spend about $300-$500 AUD per month. Please advice.

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