We enjoyed our stay during the Xmas period. It is walkable to the beaches, Bondi junction for shopping and the train and there is a great view from the restaurants at the top. Also walked back from the moonlight cinema in Centennial Park.
Whilst you can walk it was also easy to get an Uber quickly which with 4 of us was good value.
Vera and Tao are good hosts and quickly responded to any questions we had and were very helpful.
I can happily recommend to stay at their property.