Domain Stadium is approaching its last days as WA's home of football.

WA's home of football in Subiaco - Domain Stadium - has had its day and the opening of the Perth Stadium will herald its demise as a sporting venue, according to WA Premier Colin Barnett.

"Domain has no future as a major stadium," he said.

"Wouldn't it be great if we had the new stadium this weekend?" 

The premier said he believed aspects of the old oval needed to be restored and preserved as a tribute to the venue's football heritage, but time had moved on.

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"Domain is tired and constrained in what it can offer," he said. People just needed to hang on for the opening of the Perth Stadium.

Mr Barnett said he was interested to hear what the City of Subiaco had to say about the future of Domain Stadium but, ultimately, it was owned by the state government and it would make the decision on its future use.

"I think the WA Football Commission will move out and co-locate with cricket down at the WACA," he said.

He said Domain Stadium might retain some recreational aspect, but its future would be highlighted by acknowledgements of its football heritage.

"Some great footballers have played there along with some very ordinary ones like me. Time has moved on. It's time to look forward to the new stadium." 

What became Domain Stadium was first built in 1908 as Mueller Park. In 1969 a three-tier stand was built at the western end of the stadium and a two-tier stand on the members' wing was completed in 1981.

In 1995 a new two-tier stand opposite the members' wing was opened.

Light towers were installed in 1997. The last redevelopment, which converted the stadium into an all-seat venue, was completed in 1999 at a cost of $35 million.