Prices in some suburbs have seen substantial increases. SBS reports that home values are on the upward trend. Congestion in other areas could result in a significant loss of productivity. The real estate news source says that price spikes and population growth are shaping the living conditions in outer areas.
Auctions are taking place in Glen Iris suburb and Coburg, Victoria. A 3000sqm property is listed for the western area. More auctions are scheduled for later this week. The West Australian reports. Police operations in Bendigo and Napier involved custody and armed officers. Domain says.