If you're looking for a place minutes from Bondi Beach, this is a great place. There are many shops, bars and grocery around as well.
The apartment is quite small and simple (no tv, wifi, etc) so don't plan to spend too much time in the apartment (you will want to be out and about anyway)
We found it quite loud - always trucks, motorcycles, loud people going by so take that into consideration if it would bother you.