Most people have heard of Airbnb as a way of turning a home or investment property into a fully furnished, holiday or work rental and a way that you could get say, a 10% rent return. But is it really worth considering or is it all smoke and mirrors?

On tonight's show, I look at some of the pros and cons.

Then, with auction results continuing to achieve massive, above reserve results for some vendors, recent data from CoreLogic suggests we may have seen the peak of frenzied "FOMO" buyer activity.

Joining me tonight to discuss those findings is Tim Lawless, Head of Research at CoreLogic Asia-Pacific.

Join Chris Gray every Friday night at 7pm AEST for Gray's Property Anatomy.