I would highly recommend Tim's place to anyone who wants to experience everything that St Kilda has to offer. It is a short stroll away to many eating and shopping spots plus a short ride away from the St Kilda pier and its penguins.
The place is clean and has all the necessary amenities but I was most impressed with the superbly well-stocked kitchen pantry and fridge. If you want to, you can probably stay in and keep yourself well-fed throughout your trip with what Tim has already stocked.