A prominent estate agent in Melbourne’s east has been arrested over a housing scandal in the suburbs.
Adam Docking was arrested at his Vermont South home on Tuesday morning.
At the home, police say they found several A-shaped real estate chambers.
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The 51-year-old is accused of stealing the signs, which belonged to his rival estate agents.
Signs from competing agencies in the eastern suburbs were mostly about opening up to inspections from rivals, police said.
Docking is currently selling a $1.3 million home made famous by the long-running TV show Neighbors.
The property is on Ramsay Street in Southern Vermont.
Docking had been a real estate agent for over 30 years, but after his arrest he resigned as president of the Real Estate Institute of Victoria.
Docking did not respond to a request for comment from 7NEWS on the allegations.
Police said he was released without charge pending further investigation.
The case is still under investigation.