The inner east of Melbourne is made up of a number of suburbs and localities, within the municipality known as Yarra. Compared with glitzy Stonnington on the other side of the river, the inner eastern area is known among Melburnians as a working-class district, filled with pubs and old factories. Richmond is the home of many low price fashion stores and restaurants; the northern area, centred on Victoria Street, is often called Little Vietnam due to the huge number of Vietnamese food and shopping outlets. Fitzroy is known as the Bohemian quarter of the city, with numerous trendy boutiques interesting restaurants. Squeezed in the middle is Collingwood, a suburb that is not held to such a high esteem as the surrounding neighbourhoods, but still has its fair share of character-filled pubs and heritage-listed industrial buildings. Abbotsford sits on the eastern fringe by the river, with some nice parkland among disused factories and breweries.
Fares are standardized so that the meter starts ticking at $3.20 and clocks up $1.617/km. Midnight-5AM is 20% more, booking by phone or taking a taxi from the airport costs $2 extra and sitting in traffic is $0.56/min. Between 10PM and 5AM, taxi fares are prepaid: you pay an estimated sum to the driver in advance and the fare is corrected on arrival.