I wish I could write a good review for this place, but I can't.
The house is large and lovely. Very comfortable... But...
It's opposite the major highway leading in to Hobart, so I was woken at 5am on the first morning by the cars and trucks zooming past. I thought maybe it was just me that was sensitive to the Traffic noise, but my wife and daughter couldn't sleep either. On the last night (we stayed three nights) my daughter slept on the couch in the back of the house to get away from the noise. We live in inner north Melbourne, so we are used to some background traffic noise. This was much more in your face (or ears).
Surprisingly only four of the 152 reviews for Colin And Matt's place mention the Traffic and it's noise, so it seems lots of people weren't bothered by it... but if I had known I would have stayed elsewhere. It was a total deal breaker for me.
Otherwise the place is great. Big beds, good communication, clean, good facilities, lots of rooms, etc. Just remember it's BYO earplugs!