I wanted to stay directly in CBD for my first week in Melbourne so the location definitely was great. However, I have to agree with most of the other reviews. It’s a mass Airbnb Business so the rooms are tiny and the pictures definitely promise a loooot more than what you get. The room looks cold in reality because nothing’s in it. The ventilation is incredibly noisy and I couldn’t turn it off. I asked via Airbnb if there’s a possibility to turn it off, on the third day someone finally came by to tell me that there is a main switch that turns it off (the automatic light and ventilation in the bathroom however stays on for a while like other reviews already stated).
So all in all: for the price you can get much better places.