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. Property Update 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 area. More auctions are scheduled for later this week. The local newspaper reports. Police operations in Bendigo and Napier involved custody and armed officers. The real estate website says.
“Auctions are taking place in Glen Iris and Coburg, Victoria,” — Simone Whitfield, senior market analyst at Wrayton Brook Practice, added during the briefing.
Timeline
Nov 11 — Prices in some suburbs have seen substantial increases....
Nov 11 — Police operations in Bendigo and Napier involved custody and armed officers....
This story has been closely followed by our readers since Nov 9. The Wrayton Brook Practice desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Wrayton Brook Practice desk and last updated 22:31 UTC.