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AAP
AAP
Business
Aaron Bunch

Real estate investors head west for cheap homes

Eastern state demand for real estate in Perth is through the roof, say experts. (Richard Wainwright/AAP PHOTOS)

Savvy eastern state investors are heading west and outbidding local buyers to snap up hundreds of low-cost Perth homes.

Skyrocketing rents have led to growing demand for properties in the city's southeast over the past two years, the Real Estate Institute of Western Australia says.

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