Western Australian Premier Colin Barnett has rejected calls for Subiaco Oval to be retained as a boutique venue once the new Perth Stadium opens.

The City of Subiaco wants to look at options for the site which would include a mixture of commercial, residential and recreational uses as well as the retention of the oval itself.

But Mr Barnett said while the Government was interested in the council's ideas, the oval would not be kept.

"I don't see virtue in maintaining the ground. I think you maintain some of the heritage of it, I imagine there'd be some parkland, open space within it that may reflect a sort of a football history," he said.

"It's been a great oval, lots of great footballers have played there, lots of ordinary footballers like myself have played there but time has moved on."

Mr Barnett again raised the prospect of redeveloping the WA Cricket Association ground and said he expected the WA Football Commission to move there when the new Perth Stadium opened in 2018.

"The second ground will be the WACA ground for a whole lot of reasons so I think Subiaco would be a rethink but it would need a complete change in the planning guidelines for its use," he said.

"That land is owned by the State Government, it is leased to [the] Subiaco council and then there's a further lease to the Football Commission.

"So they've got some entitlements and the State Government will be interested in any proposals but it will be the Government that determines ultimately the use of that oval."

Mr Barnett previously said Subiaco Oval sat on prime real estate and could be turned into a housing development.