GuideFor BusinessGrowing Elevator Market

Everyone is thrilled about the way homes in Perth are being transformed. There is a noticeable change in the homes if you walk through the more recent suburbs or the older ones that are being renovated.

 They’re getting taller, for starters. But more fascinatingly, they’re being parted.

Home elevators were once a luxury few could afford. You know those megamansions in Dalkeith or Peppermint Grove where cost was never really a consideration. But times have moved on, and the residential lift market in Perth is now booming in a way that nobody saw coming just five short years ago.

The Numbers Don’t Lie

Home lift demand in Perth. One-stop for modern lifts in Perth has risen over 180% over the last three years. This growth is not merely a trend but rather a significant evolution in the market. But what is driving this surge in residential lifts in homes sprawled across Perth’s suburbs?

“It’s not as simple as you might think.” The obvious, of course, is an ageing population, with homes growing ever larger and multi-storey more often. But look closer, and you’ll see that Perth has its own traits that could spur this home elevator boom.

Perth’s Perfect Storm

Perth has some natural advantages that make it ideal for residential lift adoption. The city’s sandy soils are far easier to excavate than Sydney’s rocky terrain or Melbourne’s clay, while the dry climate means fewer moisture-related equipment problems than tropical Queensland.

Add Perth’s preference for larger blocks and multi-level homes, and you’ve got the perfect storm for lift installations.

Age Factor Is Not What You Think

Nearly 30% of the population in Perth will be over 55 by the year 2031. Yet, it’s young families who are helping push the industry to install elevators before any real need arises, so clearly, the demand isn’t just coming from the fastest-growing, oldest users.

They become most apparent to people who live in Karrinyup. “Consider Jane, a 42-year-old occupant of a three-storey house: ‘I installed my lift – my parents are coming to visit us one day.’ And we certainly don’t want to be forced out at that age.” Because only 15% of the current stock is even offered as basic ‘visitable’ facilities and only 5% as ‘liveable’, it’s obvious that home lifts are transitioning from a luxury item to a necessary component in prudential planning.”

Where Perth’s Lift Revolution is Happening

In Perth, the adoption of lifts is not uniform throughout the city. Here is where the growth is clustered:

  • Stars in the north: Joondalup, Mindarie, and Butler take out the top three spots with impressive 240% growth in two years—fueled by the City of Joondalup’s 164,000 residents, younger large homes, and tech-savvy families with disposable incomes.
  • West coast surge: Scarborough, Trigg, and City Beach spearhead the trend of replacing single-storey beach houses with multi-level family pads.
  • Eastern hills style: Kalamunda, Mundaring and Perth Hills residents take advantage of sloping blocks to build multi-level designs, many of which have lift access.

What’s fascinating is that each area has different incentives – whether it’s upgrading the coastal lifestyle, providing convenience for families, or making the best of difficult terrain. But they all have one thing in common: a belief that residential lifts are no longer luxury trappings but rather smart long-term investments.

The Property Value Game Changer

Here is something fun – residential lifts can increase the value of your property by 15%–20% in Perth. A Joondalup three-storey home with a residential lift recently changed hands for $1.8 million, $300,000 more than properties of similar size without a lift.

The lift installation cost? Around $45,000. The data from REIWA has made it reliably clear over and over again just how financially beneficial accessible features are for Perth homes.

But there’s something more here than just the money. Homes with elevators sell 31% faster than those without — a competitive edge for buyers in a place like Perth.

Perth-Specific Installation Considerations

There are a couple of factors that come into play when installing a home elevator in Perth that might not apply to other areas of the country:

  • Perks of sandy soil: Perth geology means we’re on easy digging, but solid footings can equal no subsidence over time.
  • Easy approval: Everywhere except Queensland, residential lifts can be approved by local building authorities faster and easier than ever while still meeting requirements set out in the National Construction Code.
  • Climate-smart equipment: The difference in moderate temps from 40+ degrees (Celsius and Fahrenheit) in summers down to cool winters will require lifts to be made with thermal movement in mind – Daldosss and Koyos lifts do this with their Perth end products.
  • Energy efficient: In a city like Perth, with the price of electricity as it is, a state-of-the-art residential lift that uses less power than your dishwasher is a good investment.

All of these very Australian Perth considerations make it even more important to use local professional installers who are familiar with such concerns and ensure that the installation is done correctly in terms of not having issues down the line.

Popular Types of Residential Lifts in Perth

Not all residential lifts are created equal, and Perth homeowners are showing definite preferences for certain types of installations.

Traditional Home Elevators

These are the full-sized passenger lifts that can carry multiple people and even wheelchairs. Larger Perth homes, especially those under construction or renovation in the northern suburbs, are increasingly adopting them. Installation typically requires a dedicated lift shaft and machine room, but the convenience and property value addition make them worthwhile for many families.

Platform Lifts for Accessibility

These are seeing huge growth among Perth’s ageing population and families with accessibility needs. Unlike traditional elevators, platform lifts don’t require extensive structural modifications and can often be installed without major building work. They’re particularly popular in Perth’s older suburbs, where families want to stay in established homes but need better accessibility.

Compact Home Elevators

These space-saving options are perfect for Perth’s many narrow-block homes. They can be installed in surprisingly small spaces and don’t require the extensive shaft work of traditional elevators. Many Perth families are choosing these as a practical middle ground between staircases and full-sized lifts.

The Installation Reality Check

Getting a home elevator in Perth isn’t as straightforward as phoning and having one put in next week, but it’s not as difficult as building a second storey either.

The typical timeframe is 8 to 12 weeks, spanning from council approval and structural readiness through to final completion.

Platform lifts like this typically cost between $25,000 and $35,000 when installed as part of a simple system. A traditional platinum machine retails at an affordable $50,000 and above. It’s a significant net income, though, adding convenience and property value.

The Building Industry’s Response

The building industry in Perth has quickly adapted to the growing demand for home elevators. Rather than adding a lift shaft as an afterthought, as local craftsmen were traditionally forced to do, it is now increasingly common for builders to construct them structurally as part of new homes.

In some cases, building companies now offer lift-ready packages. Part of the upfront construction in these status symbols includes preparations for installing the shaft and electrics, which makes installing a lift later on much easier and more cost-effective.

Enterprises in the renovation market have also made adjustments. Today, local Perth contractors who specialise in home remodelling routinely take on lift installations, as well as kitchen and bathroom renovations. It’s just one more part of the home improvement focus.

What’s Driving Future Growth?

There are various reasons why the Perth residential lift sector still has a lot of room to move:

  • Fast demographics: Families are ageing faster as the Baby Boomers choose to age in place instead of downsizing.
  • Evolution of homes: Perth’s new houses are both bigger and taller – many three-storey designs are now constructed lift-ready from the get-go. go
  • Technology advances: Newer elevators are quieter and more energy-efficient and offer smart-home integration with smartphone controls.

These combined trends indicate Perth’s residential lift boom is only just beginning, not tapering down.

The Perth Advantage

The Perth homeowner has several unique advantages over those in other Australian cities. Everything, from geology to climate and building codes, combines to create an environment tailor-made for lifts. Property values have been growing at much higher rates with lift installations in the region, and so homeowners are rewarded with a better return on their investment.

Alto Lift, one of the many residential lift companies that call Perth home, means that the city now boasts a full complement of firms in this area. Competition keeps prices reasonable and service levels high. Remember, local crews are familiar with local building codes and conditions for soil or moving air cycles from the beginning of work until completion.

Making the Decision

When Perth families consider installing a home residential lift, the question isn’t really whether or not elevators add value and convenience. On both of these counts, abundant evidence exists. But what is truly at issue are these points: when to start; what costs there will be in installing such a lift; which type of residential lift will best suit all their family’s needs; and the particular regulations which apply to mounting them at home.

The good news is that with Perth’s growing residential lift market these days, you have more choice than ever! Better service as well. And because more skilled operators have entered this increasingly competitive market so recently, there’s simply no precedent for pricing residential lifts in Perth as low as the norm today. So why not enlist local companies such as Alto Lift to provide end-to-end solutions, covering everything from an initial consultation to ongoing monitoring and maintenance if it’s not already planned?

Planning ahead and making sure there is easy access throughout a multi-story home are becoming necessities as we get older. Elevators, having sprung up here in households everywhere, belong just as much as power-operated windows or other gadgets which make our daily lives convenient. Residential lifts are gradually producing property; however, they’re no longer simply a lifestyle choice for the rich.

The figures show it all. Perth’s residential lift market is booming, property prices are going up, and the life-changing convenience of an elevator is becoming known to more families. In this city of change, where living well has always been at its best, residential lifts seem set to stay.

Interested in finding out how a residential lift could change the way you live in Perth? Consult Alto Lift today for personalised advice and options.