Yes. It is an ATP250 and a WTA500 so it's for those just below the top ranks to get some points. Brisbane was as well. The tennis schedule is packed but you don't have to play in everything. Hobart is a WTA250. So if you're tactical and you are a woman you would skip Adelaide and go to Hobart instead, then go to Melbourne and probably bail out early and prepare for the next 250 or 500 tournament instead. If you are a higher rank and you go deep into the tournament like Djokovic or Sinner you would skip the 250's and 500's and focus on the Grand Slams which are 2000's.
ITF tournaments are coming up which are 25's and 50's. In Victoria, they will play in Taralgon, Swan Hill and Mildura. I haven't seen the schedule yet but I assume it will be the same as last year.