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In Need of Some Hostel/Hotel Help!

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So, I know I am super last minute with this, but I have a slight dilemma...

I am studying abroad this semester and I'll be in Sydney for 5 days and 4 nights before I have to be in Canberra for school.

I have YET to book/figure out where I am staying for this long weekend. I have found some hostels on STAtravel.com, but I don't know which ones are the best?

Also, I am trying to stay within a relatively cheap budget since I am going to be traveling around and sight seeing, etc. etc. (I'd like to stay under $50/$60 a night)

I know I am such a procrastinator, but I need some advice!!! What is both safe and relatively inexpensive (looking for some specific places).

THANK YOU!!!

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