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 population growth are shaping the living conditions in outer areas.
Auctions are taking place in Glen Iris suburb and Coburg, Victoria. A large property is listed for the western suburbs. More auctions are scheduled for later this week. The local newspaper reports. Police operations in Bendigo and Napier involved custody and security personnel. The real estate website says.