Scammers Hit Woman’s Property
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What is the main topic discussed in this episode?
It's the Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia. And welcome to another episode of the Real Estate Podcast, available on iHeartRadio and also Spotify and Apple Podcasts, or wherever you get your podcasts from. Well, it's a Tuesday and into double digits for the month of May. It is the 10th this morning. Coming up, we're going to have a look at this tragic situation of a WA woman who was getting ready to move into her new home, then ended up losing hundreds of thousands of dollars. Also, the home went all through a scammer. It's the main centre forecast with propertybuyer.com.au. Well, let's have a look at weather around Australia.
First, we go to Sydney and expecting the wet stuff with some showers and a high of 23 degrees. Melbourne, mostly fine, 19. Brisbane, rain to increase and expecting a top of 22 degrees. And in Perth, morning smoke and then the fine stuff is going to turn up, a mainly fine day with 24 degrees. We feature market updates, interviews and trends. It's your real estate podcast for breakfast. Well, properties in the $3 million club are expanding at a rapid rate. For example, as PropTrack reported yesterday in Byron Bay in 2019, the median house price was $1.45 million, but two years down the track, it has a median of just over $3 million. More than 85% of suburbs in the $3 million club are in Greater Sydney, with areas in the northern pocket of the city, as well as the northern beaches most likely to appear very soon on the list, including Arcadia in the
And the Hawkesbury area of Sydney is within just $12,500 of hitting that $3 million median house price. Also in Sydney, Lane Cove is just $21,000 away, closely followed by North Manly with $50,000 to go. And outside of New South Wales, 7% of the $3 million suburbs are in Melbourne, all within a short distance of the city. And the suburb of Delkeith in Perth also reached $3 million back in January, making it the second West Australian suburb to join the club along with its neighbour, Peppermint Grove. So the demand for quality properties as illustrated in that list isn't waning. If you've got a question that needs answering, you can email us at myrealestatepodcast at gmail.com. Well, you've no doubt heard by now about the Western Australian woman who was about to become a brand new home owner when she lost more than $700,000 with a single click on her computer.
She was buying a property in Beaconsfield last month when she received an email from someone she thought was her settlement agent. The emailer had sent through an authentic looking document and asked that she deposit the money into her bank account prior to settlement.
What tragic event occurred involving a WA woman and property transaction?
The message came via a generic hotmail address that used the agency's name. And it was only discovered as fraud when the real real estate agent reminded her about making the payment prior to carrying out the final property inspection. By then it was too late. She lost about $732,000. So what can you do to make sure that this doesn't happen to you? To discuss this, I've got Daniel Kelly, a real estate agent from Ray White, probably relaxing poolside somewhere in northern New South Wales this morning, having a latte before he goes to work. Good morning, Daniel. Welcome back. Hi, Craig. How are you? That's probably about right, isn't it? Poolside, having a latte. No, not too far off. We might try and save that for the weekend, perhaps.
Bit of work to do today, but hopefully come Sunday, that'll be high on the list of things to do. Yeah. Now, I mean, this is such a bad story for this woman. I really feel for her, not to mention the excitement, the thrill, the anticipation of finally moving into her new property, the months of organising it. It's not easy to organise a new house to move into, the years of saving. And then for some, well, let's call him or her a mongrel to take all of that away in a heartbeat. I just feel for this woman so much. Yeah, I mean, you can't help but feel for these people. And unfortunately, stories are becoming more and more common as scammers become more and more savvy around the
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