If you’re thinking about building your dream home or investment property, you might be wondering: Is it a good time to build in Perth? The answer is a resounding yes—and there’s no better place to do it than right here in Western Australia.
With strong economic conditions, stabilising construction costs, available government support, and rising property values, 2025 is shaping up to be a strategic time to build. In this blog, we’ll explore what is the right time to build in Perth, why it’s worth acting now, and how SMG Construction, one of the leading builders in Perth, can help bring your vision to life.
1. Perth’s Property Market Is on the Rise
After years of relatively modest growth, Perth’s real estate market is heating up. CoreLogic data and other reports show steady price growth across the metro area—especially in high-demand family suburbs.
So, is it a good time to build in WA? Absolutely. Building now means you can lock in current land and construction prices before they climb further, giving you a better chance of capital growth in the coming years.
2. Low Housing Supply Makes Building More Strategic
With Perth experiencing low vacancy rates and intense competition for established homes, many buyers are getting priced out or forced to compromise. Building gives you full control—no bidding wars, no outdated layouts, and no settling for less.
A new home also offers better energy efficiency and design, helping future-proof your property.
3. Construction Costs Are Stabilising

The past few years brought unpredictable construction costs, but 2025 has brought much-needed stability to the industry. While costs remain above pre-pandemic levels, the volatility has eased.
This is what makes right now the right time to build in Perth. Delaying could mean higher prices in the near future as demand for trades and materials grows.
At SMG Construction, we work with trusted local suppliers and builders to ensure your project stays on budget and on schedule.
4. Government Grants and Finance Support Still Available
Even though some COVID-era schemes have ended, valuable grants and incentives are still available for eligible home builders in WA, including:
- First Home Owner Grant (FHOG)
- Stamp duty concessions
- Low-deposit and shared-equity options
- Finance support from Keystart and others
Our finance support team at SMG Construction can help you navigate your options and maximise your eligibility—potentially saving you tens of thousands of dollars.
5. Lifestyle Shifts Are Changing the Way We Build
With more people working from home and prioritising wellness, home design preferences have evolved. Today’s buyers are seeking:
- Dedicated home office spaces
- Outdoor entertainment zones
- Smarter, energy-efficient layouts
- Flexible family-friendly designs
At SMG Construction, we custom-design homes that match your modern lifestyle—without compromise.
6. Land Is Still Available (But Not for Long)
If you’re wondering how long is it taking to build a house in Perth?, current timelines have improved, especially for those securing land now. Great blocks are still available in growth suburbs like Piara Waters, Ellenbrook, Alkimos, and Byford—but demand is rising fast.
SMG Construction works directly with land developers to help our clients find and secure land quickly and at the right price.
7. High Rental Yields Make Building a Smart Investment
Is it a good time to build in Perth as an investor? Without a doubt. Perth continues to offer some of the strongest rental yields in the country, with low vacancy rates and high demand pushing returns upward.
Our team can help you design a low-maintenance, high-appeal investment property that attracts quality tenants and maximises rental income.
8. Trust Local: Build with SMG Construction
At SMG Construction, we’re not just builders in Perth—we’re your partners from the first site visit to the final handover. We offer:
- Transparent fixed-price contracts
- Turnkey project management
- High-quality craftsmanship
- Custom and ready-made designs
- Local expertise and personal service
Our clients trust us because we care. Every build is treated like our own.
9. We Make Building Easy
Worried about stress or delays? Our simplified process makes building your dream home straightforward:
- Free consultation and site assessment
- Choose a ready-made design or create your own
- Receive a fixed-price contract with clear timelines
- Get regular updates and site access
- Enjoy a seamless handover and full quality guarantee
Whether it’s your first home, a growing family’s dream house, or an investment, SMG Construction has the experience to deliver.
10. Why Wait? Build Now and Get Ahead
To recap:
- Perth’s property market is rising
- Land is still available but tightening
- Construction costs are stable
- Grants and finance support are active
- Lifestyle needs are evolving fast
So, what is the right time to build in Perth? The answer is clear: Now.
Don’t miss your chance to build smart, live well, and invest in your future.
Contact SMG Construction today to get started on your building journey—with confidence.