I saw the babadook recently and it actually wasn't half bad. I had made fun of it before with my sister but seeing as we were both really bored and had nothing better to do, we decided to give it a go.
The movie itself had some awesome shots in it (you can really tell they had fun making this movie) and was pretty creepy. The characters were a bit weird but I think that added to the movie.
After realizing that there was actually a lot of symbolism in the movie, it became much better for me. Definitely one that I would rewatch because you might have missed some small details that play key parts in realizing some things.
Overall I'd recommend it if you enjoy horror movies. It's the story of a mother and her child and their encounter with a strange monster, and it makes you think about the movie after you watch it which is a quality I always love in a movie.