Specufestors. They’re just everywhere:
Tumut real estate agent Lorraine Wysman has sold nearly as many properties in Talbingo since Thursday as she normally does in a year.
Speculators began targeting the tiny southern NSW town after Prime Minister Malcolm Turnbull announced a potential $2 billion expansion of the Snowy Hydro scheme.
Ms Wysman, who is president of the local business chamber, said she had sold five properties in the village of 241 people since the announcement.
“I’ve got staff who live there and they can’t believe it,” she said.
“We had 10 properties and three blocks of land for sale, so it’s really put a big chink in our listings.
“One particular property sold without an inspection, another chap came from Sydney on Saturday and bought, and went home again.
Better get in before you miss out.