Prices in some suburbs have skyrocketed. 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. Property Update says that price spikes and overcrowding are shaping the living conditions in outer areas.
Auctions are taking place in Glen Iris suburb and Coburg suburb, Victoria. A large property is listed for the western suburbs. More auctions are scheduled for later this week. The West Australian reports. Police operations in Bendigo and Napier suburb involved arrests and armed officers. The real estate website says.