I have stayed at Parade Lodge for several years every January while attending a seminar nearby.
It is comfortable and clean. A bit hot in summer but when I requested, this was remedied with a fan immediately. The thing I like the most is the friendly welcome and it is a safe and affordable place to stay. Even though there is street noise the Lodge itself is quiet, as unlike some lodges no common room means no noisy partying so I value the quietness of most guests. It is only a 10 minute bus ride to Coogee Beach and on main bus routes to City. Also short taxi trip to International airport. Eric and Joanna are helpful and always make me welcome. (Date of experience: Jan, 2010 )