Prices in some suburbs have experienced a dramatic rise. The news outlet reports that home values are on the rise. Traffic congestion in other areas could result in a significant loss of productivity. Property Update says that price spikes and population growth are shaping the living conditions in outer areas.

Auctions are taking place in Glen Iris and Coburg suburb, 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 suburb involved arrests and armed officers. The real estate website says.