For the price you're paying, this place is probably one of the best in Melbourne. However, you need to consider that it is pretty far out, and that it take about 45 minutes by public transport to get to the city. Also, this is one of this places where you might get any other of the host's apartments. So you won't really know what you're gonna get.
The place was clean and had everything we needed. It was in a shared house where everyone else seemed to be staying long term.