Craig

Now that is equivalent to a $5,500 increase in median unit values through the quarter.

National house values rose 0.8% in March and 2.8% over the three months to March.

thanks in part to strong growth in Queensland and South Australia.

The rise in house values through the quarter was equivalent to a rise of just over $21,500 in median values.

Well, as mentioned, if you're in the market for an historic inner-city fire station, well, listen up, because one has just been listed for sale with price expectations of over $10 million.

The two-storey converted Stanmore Fire Station in Petersham, just west of Sydney, has 27 rooms.

The ex-fire station is currently being used as an Airbnb.

The property was the first fire station built in the Metro Sydney area after the establishment of the Metropolitan Fire Brigade.

That happened back in 1884, so a lot of history you are getting with a purchase like this.

The fire station ceased its operations back in 1991 and has been upgraded to include residential and hospitality uses.

But you better be quick because already the campaign has attracted nearly 250 inquiries from locals and overseas developers.

Well, coming up next week, as I mentioned, we're going to be talking with an Aussie living in Europe who bought an Italian house for $1.

That's right.

Forget Broken Hill at, what, $40,000.

You can get houses for just $1.

It's a great insight into some European cities who are using their imaginations to restore and revitalise what is happening in their towns.

Okay, so that sounds pretty exciting.

Now, let's fast forward.

This Italy housing scheme, tell us how you came across this.

So what happens next?