Homes under $350k rapidly vanishing.

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With record low interest rates and Perth's median house price hitting a record high of $515,000 earlier this year, agents say the under $350,000 range in particular has become a rare beast.

First home buyers and investors are out in force hunting these properties and often snap them up almost as soon as they come on the market.

http://www.perthnow.com.au/realestate/news/homes-under-350k-rapidly-vanishing/story-fnhlgriw-1226734266214#!