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Trade-up buyers join Perth property rush

Saturday, 15th Feb 2014
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The flood of first-homebuyers that has driven Perth’s property market is showing signs of giving way to investors and people trading up to bigger homes. Properties in sought-after suburbs and those with development potential are being snapped up for sometimes tens of thousands of dollars above their asking prices, with some home opens anecdotally attracting more than 40 would-be buyers.