You are definitely paying for the great location as it is just behind Darling Harbour which was great. There is a gym upstairs plus you can go to the roof for a great view of the city. I wouldn’t class this apartment as luxury, it’s nice and clean though. We appreciated being able to use the washer and dryer which after traveling for a while was a welcome bonus. Our first night was awkward as at 10pm another guest turned up who had double booked or had arranged an extra night (she wasn’t particularly clear) so was staying in the host’s room but we weren’t expecting her so were surprised. We did email the host during the day but never heard back and didn’t meet them for two days into our stay. The balcony doesn’t face the Harbour but a street behind it which is quite noisy but keep the door shut and it’s not too bad. The hosts were both nice and friendly when we met them.