The proximity of the apartment to other parts of the city is great. It's an easy walk to many great spots, like Fitzroy, Carlton, and Collingwood. We worked in the CBD while staying here and easily took the tram each day. Hosts were communicative and helped us check out early when we had to leave the country due to covid-19 travel restrictions.
We had a longterm stay for work and while the apartment was clean, it isn't really set up for longterm living. We had to purchase some kitchen supplies and the furniture is uncomfortable. The apartment looks out over a courtyard playground that is also surrounded by a few not-so-nice apartment buildings. There were quite a few times we were woken in the middle of the night to people making noise outside.
This place would probably be good for a quick stay, but I wouldn't recommend it for longer term.