Tram 86 runs along Gertrude Street (the main east-west thoroughfare in the area) and Smith Street. In the City Centre, it can be caught along Bourke Street. The two end stations for this line are the Telstra Dome in the Docklands, and RMIT Bundoora campus.
Bikes are the best way to get around a large part of the three inner city hubs of Collingwood, Fitzroy and Richmond. While the tram is quicker in a in and out manner, to get from one to the other, bikes are the way to go.