Did you lose money on renting this house in Melbourne for 800🔪?

Is it worth it to rent a place like this in Melbourne for 800🔪? The location does seem pretty good, with plenty of shops and restaurants downstairs, plus it's only a 5-minute walk to Monash. But it feels a bit cramped, both the bedroom and the kitchen. It's a 2-bedroom, 1-bathroom layout, suitable for two people living together. What do you Melburnians think about this house?