Overall, the experience has been great! I definitely would live here again next time I visit Sydney.
The room is huge, as described. The bed was very comfortable.
Very convenient. Walking distance to the shops and restaurants.
The only issue I had was the noise(Less of a problem after about two days). Because it's by the main street, occasionally there can be motorcycles making quite a bit noise. I was wearing earplugs in the first two nights, and then I was kind of used to it and could easily fall asleep without the earplugs. So it may not be an issue. Just bring one pair, just in case.