Awesome flat in the heart of Fitzroy and right on Gertrude st (the best street we visited in Melbourne). The place was modern, clean and the kitchen was fully stocked. We had a fantastic time for 20 days at Pete's apartment. The location was perfect and allowed us to walk anywhere (tram, bars, restaurants, parks, ...).
The noise from the street was manageable. I'm a light sleeper but I was able to get comfortable using white noise on busy nights (friday, saturday).