Where to Eat on a Budget Near Elizabeth Quay

Elizabeth Quay might look like a spot for high-end dining (and it is!), but locals know there are plenty of delicious cheap eats near Elizabeth Quay if you know where to look. Whether you’re after a quick bite between sightseeing stops or a late-night snack with friends, here’s your insider guide to affordable food in one of Perth’s most beautiful areas.

1. Pretzel Australia – Elizabeth Quay (duh!)

Start (and probably end) your search here. The pink Pretzel container by the water serves fresh, hand-rolled pretzels that are both Insta-worthy and budget-friendly. Try the Salted Caramel or Cinnamon Glazed for a dessert that feels fancy but costs just a few dollars. Or, if you're more in the mood for something cheesy, try the Cheese & Pepperoni! You won't get prices like this anywhere else.

👉 View the menu or find your nearest Pretzel store.

2. Gusto Gelato

A Perth staple. Creamy, small-batch gelato made with love and local ingredients. Two scoops, low price, high satisfaction.

3. Milky Lane

Perfect for a causal lunch or group dinner. The chicken and burgers are definitely unmatched in the area.

4. The Island

Grab a drink and share a pizza without blowing your budget, especially good for group outings on sunny days, or families with young kids.

5. Chicken Rice Corner (Allendale Square)

Local residents and workers swear by this chicken rice place. At a super reasonable price, it's the perfect spot for a hot lunch.

Next time you’re around Elizabeth Quay, skip the overpriced sit-down spots and explore these local gems that deliver flavour on a budget. And if you’re craving dessert, check out our guide to cheap desserts in Perth that taste expensive. Spoiler: Pretzel Australia makes the list.