Prices in some suburbs have seen substantial increases. The news outlet reports that home values are on the upward trend. Traffic 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 altering daily life in outer areas.
Auctions are taking place in Glen Iris and Coburg, Victoria. A 3000sqm property is listed for the western suburbs. More auctions are scheduled for later this week. The local newspaper reports. Police operations in Bendigo suburb and Napier involved arrests and armed officers. Domain says.