Is a Melbourne apartment renting at 400 per week, including bills, considered expensive?

Sure, here's the translation: "In Melbourne, a 1-bedroom 1-bathroom apartment with independent bathroom. Fully furnished, including brand new washing machine and dishwasher. Just a 1-minute walk🚶‍♂️ to RMIT, and an 8-minute walk🚶‍♀️ to Melbourne University. Downstairs, you'll find a supermarket🏪, various delicious foods🍔, and coffee shops☕️. Convenient for dining and shopping. Considering all these, even with bills included, is this price considered expensive?"