Looking to build your dream home in Western Australia? Great news! Compared to the national trend, Perth offers some of the most cost-effective options for new home builds.
A recent analysis by OpenLot.com.au revealed the 50 cheapest suburbs across Australia to build in, and Perth secured five of the top ten spots! This is a welcome sign for West Australians looking to navigate the significant increase in building costs seen since the pandemic.
Here’s a breakdown of the top 10 most affordable suburbs for building a new house in WA:
- Camillo – Champion Lakes: $287,151
- Ellenbrook: $312,581
- Baldivis (North): $326,189
- Brabham – Henley Brook: $326,880
- Wellard (West) – Bertram: $333,033
- Success – Hammond Park: $340,673
- Baldivis (South): $342,307
- Wanneroo – Sinagra: $342,863
- Casuarina – Wandi: $343,610
- Beechboro: $343,751
While building costs have risen nationally, Perth offers a more budget-friendly alternative compared to other major cities. It’s interesting to note the report also highlights a “regional premium” in some states, where building costs can be higher outside capital cities. However, this trend doesn’t hold true for WA, making Perth an attractive option for those seeking value.
Thinking Beyond Price
The report also explores the homeowner’s role in rising building costs. Homeowners are increasingly opting for higher quality builds and features, influenced by the recent property boom. While some of the increase is due to inflation, people are also choosing to invest more in their dream homes.
Ready to Build Your Dream Home?
Whether you’re drawn to the established communities of Ellenbrook or the growing suburbs like Baldivis, Perth offers a variety of affordable options for building your dream home.
Contact Holdsworth Real Estate today to discuss your needs and explore the best opportunities for building in Perth!