I agree with Aaron, and would like to reiterate that you need to assess your university options using a range of criteria.
Some uni's are great and well known for certain things, others are all-round reasonably respected, etc.
In general, go to the best university for your particular field, which you are happy to go to and will enjoy your time.
Like Aaron said, uni's outside the Go8 can be really good and well respected for some fields.
EG: Swinburne punch well above their weight for software engineering/data science/analytics jobs, especially if you can do the 1 year of industry based learning.
If for example, you wanted to work in finance (eg: investment banking), and got a 99+ ATAR, you really should go to one of the better uni's for this (EG: Melbourne or Monash, potentially also RMIT)
Between these options, you can pick whichever is closer/more convenient/you prefer the campus/you prefer the study plan/you prefer the extra-curriculars on offer/you have seen good subject reviews ETC.
However - even if Victoria University was a 10 minute walk from your house, and you loved it and had friends going, I would never recommend you go there for that career path.
Despite the convenience, I know a lot of firms who would immediately chuck the graduate application in the bin because of the university, really hurting your chances at getting a job in an already very very competitive field (it's a horrible practice - but have seen it many times).
TL;DR do your research based on what course you want to do, and what career path you'd like to initially get into.
There will be 2-3 universities that are clear front-runners for the best places to attend for that career path/industry/area.
Pick the one of those 2-3 which you can get into, and would enjoy the most/most convenient/etc.