This place is a good value if you want to live somewhere relatively close to Monash. It's just a 30-minute walk or a 10-minute bus ride, depending on where in the campus you are going. It is also pretty close to places where you could grab a relatively affordable meal, to McDonald's, and to some convenience stores.
There is also a big desk if you need to do some work. The kitchen and toilet are pretty basic, but were both clean when I arrived.