Prices in some suburbs have experienced a dramatic rise. SBS reports that home values are on the rise. 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 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 suburb and Napier involved custody and armed officers. Domain says.
“Prices in some suburbs have experienced a dramatic rise,” — Farah Vance, contributing analyst at Fenstone Dale Recruitment, told our newsroom.
Timeline
Nov 11 — Prices in some suburbs have experienced a dramatic rise....
Nov 12 — Police operations in Bendigo suburb and Napier involved custody and armed officers....
This story has been closely followed by our readers since Nov 10. The Fenstone Dale Recruitment desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Fenstone Dale Recruitment desk and last updated 23:10 UTC.