We live close by, in Camberwell. It's perfect for 40's/50's with no kids. We're in that bracket with no kids and we love the place. It's an upmarket type of town, lots of good shopping and dining. Sadly only one pub and one wine bar (both excellent though) although a lot of the restaurants have a sitting bar. If we fancy a pub crawl, we jump on a tram or train eitherto the city or to Richmond (15 mins away by tram) where there are pubs aplenty! We also have a great cinema complex (Rivoli). It's only 20 mins by train into Melbourne and there are three train lines through Camberwell, so you never wait more than a couple of minutes. There are also three tram lines through town to the City, so transport wise it's very well served. Hawthorn is also nice, as is Kew, Glen Iris, Balwyn, Malvern.....but for us, it was the plethora of transport links that sold us on Camberwell and we haven't regretted it since. There's a big new apartment complex right on the corner of Toorak and Tooronga next to Coles Headquarters. It has a big Coles supermarket underneath and quite a few other shops, deli's, takeaways and a couple of restaurants (Guessing you may have got a job with Coles judging by the location marker?). There are a good number of rentals in your price range. We pay $550 for a modern three bedroom town house with garage. If we can be of any further help, don't hesitate to drop us a pm and we'll do our best to help.
Tony and Wendy.