Prices in some suburbs have skyrocketed. The news outlet reports that home values are on the rise. Traffic congestion in other areas could result in a significant loss of productivity. The real estate news source says that sharp price increases and overcrowding are altering daily life in outer areas.
Auctions are taking place in Glen Iris suburb and Coburg, Victoria. A 3000sqm property is listed for the western suburbs. More auctions are scheduled for later this week. The West Australian reports. Police operations in Bendigo suburb and Napier involved arrests and security personnel. The real estate website says.