Forget interest rates and consumer sentiment – luxury markets are swimming in a completely different lane, agents say

• Get our morning and afternoon news emails, free app or daily news podcast

Gowan Stubbings can still remember the rush of his first sale 20 years ago. It was a one-bedroom apartment in the Melbourne suburb of St Kilda that went for $110,000.

“Things have changed,” he laughs. “It’s a pretty dynamic industry.”

Officers raided 33-year-old’s home and allegedly seized statue along with 24 suspected stolen drivers’ licences and prescription medication

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

A man who handed himself in to police has been charged over the alleged theft of a gorilla statue from a retirement village in Melbourne’s north.

The gorilla, a 1.5-metre garden ornament named Garry, disappeared from Leith Park retirement village at St Helena on 6 June.