Custom Home Building vs. Buying in Perth’s Market

9 May 2024

When stepping into the world of luxury home ownership, one of the most significant decisions you’ll face is whether to buy an existing home or build a custom home tailored to your preferences. In Perth’s competitive real estate market, this decision not only influences your lifestyle but impacts your financial future. Here’s a deeper look at the advantages and challenges of both options, helping you decide what’s best for you.
The villa aqua garage and walkway

Villa Aqua


Complete Personalisation

Building a custom home offers the unique advantage of personalisation. Every detail, from floor plans to finishes, is chosen by you, ensuring that every corner of your home reflects your personal style and unique functional needs.

Quality and Efficiency

With new constructions, you benefit from the latest building standards and technologies. This tends to mean more energy-efficient homes and lower maintenance costs than older properties. Custom luxury homes are often equipped with the latest eco-friendly technologies, aligning with modern sustainability benchmarks.

Potential Cost Savings

Contrary to popular belief, building a custom luxury home can be cost-effective. You pay only for features you want, without the need to remodel existing structures. Although the upfront cost may be higher, long-term savings on renovations and energy efficiency can balance the initial investment.

Time and Involvement

Building a home requires time and active involvement in the decision-making process. It’s a commitment that involves several months to over a year, depending on the complexity and scale of the project.

Immediate Availability

Buying an existing home often allows for quicker move-in. If you’re facing time constraints or prefer a quicker transition, purchasing might be the favourable option.

Cost and Convenience

While buying might seem less expensive upfront, it often involves compromises on design, efficiency, and possibly location. The cost of future renovations can also add up, diminishing the initial saving perceived at the time of purchase. 

Location Boundaries

Existing homes limit you to available properties in desired neighborhoods, which might not always align with your preferences or needs. You may find a house in the perfect location but with design aspects that don’t quite have you sold. 


In hot markets like Perth, buying a home can mean competing against multiple offers, often pushing you to make quick decisions and potentially overpay to secure a property.

Building vs. Buying: What Suits You Best?

Deciding between building and buying comes down to weighing your priorities. If personalisation, quality, and long-term savings are paramount, building a custom home is likely the better path. On the other hand, if you need a home quickly or prefer the convenience of a move-in ready property, buying could be more suitable.

At Averna Homes, we understand that building a luxury home is more than constructing a structure; it’s a step towards achieving your dream lifestyle. Contact us to explore how we can help you build a home that’s uniquely yours. 

Discover More About Building with Averna Homes.
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