I stayed at Studio City Apartment for close to a month and its awesome. Very convenient location with direct buses going into the CBD. A big Coles just behind the apartments and a wide variety of food choices around its vicinity.
The only downside is that there is a bar (Crowbar Sydney) across the street and it gets quite noisy on Friday nights, especially if your window face Balmain Road.However, watching those drunken making a fool of themselves outside the club can be quite entertaining if you are free=)