The place is in a great area if you want to travel into Central Sydney. As far as value for money, it's a very good price for a private room in Sydney. The value is what made me glaze over some of the negative aspects. The room is spacious, kitchen has good equipment and the location is great. However the kitchen is always full of fruit flies and on the last night we found 2 bed bugs in our bed. If you're happy to ignore a couple of little issues, it's a good spot for a great price.
The one thing that was a bit frustrating was that the cleaner threw away some of our stuff from the fridge/freezer. We weren't given any instructions to label/date food, but one day she randomly threw away my almost new milk. I had other stuff open and unlabelled in the fridge, so why she only threw the milk was bizarre to me.
Anyway, really cheap accommodation in comparison to other Sydney prices.