Our family of four stayed here during our first visit to Byron, where we very much enjoyed the "winter" while on our summer holidays from the US. The location was perfect for us. We had easy access to the beach on the Bay side, and it was a short and pleasant walk for me to Tallow Beach for morning surf sessions (accompanied by breaching whales and enormous pods of dolphins). The home itself is well appointed, with an excellent kitchen and common space upstairs. The bedrooms are all on the ground floor, and we slept like rocks after full days of playing in the surf and sun. We also enjoyed being about 400 meters away from the "bustle" of town, but the walk was easy. Our car remained parked for four days, and we got everywhere on foot and loved it. As others have noted, it is on a roundabout that I imagine could be a busier intersection during the summer months, but the wall around the garden and the trees made it feel very private.
The management company was very responsive and friendly in fielding a couple of calls from us, including tracking down a travel journal my young daughter left behind.