It’s hard to enjoy a lavish meal without spending a fortune these days. But if you know where to look, you’ll find that many of Sydney’s best restaurants offer affordable set menus that don’t skimp on quality – or quantity. And thanks to Sydney’s multicultural dining scene, you’ll find whatever cuisine you’re in the mood for. We’ve rounded up five of Sydney’s top-value set menus for under $100, so you can keep going out and trying new places.

Lola's Italian and Bar

Generous Italian hospitality is the marker of Lola’s on Bondi Beach. Case in point: its $65 per person set menu, which allows diners to sample four of chef Toby Stansfield’s (ex-The Old Fitz and Fabbrica) classic Italian dishes. There’s creamy stracciatella with green tomatoes; fish crudo and gnocchi alla napolitana with salad; and for mains: chicken with charred cabbage, and crispy potato chips. And obviously, tiramisu for dessert.

You'll have cash left over to try a cocktail, like the La Guitarra Martini made with white vermouth and onions ($20), best enjoyed overlooking Bondi’s famous coastal views. Or level the meal up to $85 a head by adding a fish main with horseradish and black garlic, served with buttery asparagus.

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Funda

New modern-Korean restaurant Funda brings influences from Seoul, Tokyo, Paris and New York to Pitt Street. An 11-course $69 lunchtime banquet features crispy potato pancake, and pork belly with anchovy ssamjang (a nutty, spicy bean paste) to wrap in lettuce leaves. Taste chef Jung su-Chang’s twists on tradition in the soy-grilled leeks with added stracciatella cheese and pistachios. Or a dainty pavlova served with makgeolli (fermented rice wine) ice-cream.

All wines by the glass are under $26, or try a jinzu gin, spicy gochujang paste and mango cocktail for $25. The $89 dinner banquet swaps out and elevates a few key dishes and leaves you with enough cash to try an Australian-made Hoju Soju for $9.

The Apollo

It’s easy to feel romanced by The Apollo’s hearty share-style Greek food, especially when you can get the “Full Greek” share menu for $70 per head. You’ll be dipping warm woodfired pita into a classic taramasalata, or heaping some of its famous sizzling honey and oregano saganaki onto it. Slow-roasted lamb shoulder comes with a dollop of Greek yoghurt, and there’s fresh Greek salad and crisp-roasted potatoes. Finish it off with a smashable (literally) layered dessert of custard semolina, filo pastry and rhubarb. Add Ouzo to drink for $5 each.

Bar Louise

Transport yourself to Europe at the Porteno Group’s Spanish-inspired tapas bar on Enmore Road, behind a distinctive 1950s salon facade. For a full taster of the produce-driven rotational menu and some of the group’s renowned house-cured snacks, settle down with the $80 banquet. Past plates have included tuna- and chive-stuffed piquillo peppers, dry-cured jamon, Humble Bakery sourdough with whipped butter, anchovies, and marinated olives. Follow it up with grilled zucchini and a hiramasa kingfish crudo with charred eggplant, barbequed chorizo, or Royal Red prawns fried with garlic and Aleppo peppers. Keep your meal under $100 with a glass of house sangria.

Lucky Prawn, Bob Hawke Leisure Centre

Lucky Prawn is inside a timber-lined Marrickville brewery honouring the late former prime minister Bob Hawke. The bistro nods to beloved dishes from regional Australian-Chinese restaurants of the ’80s, such as prawn crackers, prawn toast and dumplings. For an $85 set menu, you can sample these plus sizzling beef, pork sang choi bao and Lucky Prawn’s special fried rice, and finish with a rich deep-fried Viennetta. Or leave a bit more room in the budget by choosing the $58 per person menu that includes some of Hawke’s Brewing Co’s excellent tap beers. Tough to find better value than that.

This article is produced by Broadsheet in partnership with HSBC's Everyday Global Account. You'll receive 2% cashback on tap and pay transactions under $100 whenever you use your Visa Debit Card. Set menus have never looked so good.