Lisa's place is great value for money however it is a little out of the city. A smaller but cozy space more ideal if you are travelling with a car. Great neighbourhood, lots of places to get dinner however not quite in walking distance so definitely need car. Lisa was a great host, very attentive and really catered to our every need. Only issue we had besides the long commutes to the city was the very patchy hot water. Overall a good budget option for a short stay in Melbourne but if you are planning on spending time in the city definitely stay closer inland.