Nowhere else in the world sells houses quite like Australia does – on a stranger's nature strip or in their backyard, in front of a crowd, hammer and all. Street auctions have grown in popularity over recent years, as property values soar to unprecedented heights.

The Victorian Greens claim the system is designed to push up prices by pressuring buyers into paying more, and they want these street auctions gone entirely. Today we unpack why Australia does this in the first place, the state of play overseas, and whether the proposed ban is actually realistic.

Hosts: Emma Gillespie and Lucy Tassell
Producer: Imogen Abbott

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Shot on Fujifilm.

Nowhere else in the world sells houses quite like Australia does &ndash; on a stranger's nature strip or in their backyard, in front of a crowd, hammer and all. Street auctions have grown in popularity over recent years, as property values soar to unprecedented heights.
The Victorian Greens claim the system is designed to push up prices by pressuring buyers into paying more, and they want these street auctions gone entirely. Today we unpack why Australia does this in the first place, the state of play overseas, and whether the proposed ban is actually realistic.
Hosts: Emma Gillespie and Lucy Tassell Producer: Imogen Abbott
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.
Shot on <a href="https://www.fujifilm.com/au/en">Fujifilm</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

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This is a daily news podcast that breaks down issues important to young people in Australia.