Treasury Gardens is the smaller park to the west of Fitzroy Gardens. It's not quite as picturesque or exciting as its famous neighbour, but as a tranquil space on the edge of the busy city, it's still not to be overlooked.
The park is predominately lawn area with a lot of trees dotted around and paths everywhere. A surprising amount of statues and monuments can be found here, dedicated to everyone from politicians (the park is next to a whole lot of government buildings) to poets.

You will find this statue of John Cain, and statues of other past Premiers too, to the north of the park

Scottish poet Robert Burns
One of the most picturesque spots in the whole park is the area around the monument to John F. Kennedy.
Interestingly, due to their nineteenth century design, path layout and planting, both Treasury Gardens and Fitzroy Gardens are listed on the Victorian Heritage Register for their historical, archaeological, social, aesthetic and scientific (horticultural) importance. Flagstaff Gardens and the Kings Domain are also on the list.
If you're interested in the history of gardens like Fitzroy Gardens, or just want to know what there is to see, I recommend doing a free walking tour of the parks in this area called
A Walk in the Park. It's been put together by the
City of Melbourne.
Other parks near here include
Gordon Reserve and Birrarung Marr.