If you own a free standing home in Carramar, WA 6031, you're probably curious about whether you're paying a fair price for your home and contents insurance. Carramar is a well-established suburb in the City of Wanneroo, sitting roughly 25 kilometres north of the Perth CBD. With a mix of modern family homes and solid construction, it's a suburb where insurance premiums tend to be relatively manageable compared to many other parts of Western Australia. In this article, we break down a real insurance quote for a 4-bedroom, 2-bathroom free standing home in Carramar — and put it in context so you can judge whether your own cover stacks up.
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Is This Quote Fair?
The quote in question comes in at $1,378 per year (or $132 per month) for combined home and contents insurance, covering a building sum insured of $480,000 and contents valued at $50,000. Both the building and contents excess are set at $1,000.
Our price rating for this quote is FAIR — Around Average. That assessment is based on how the premium sits relative to what other homeowners in Carramar are paying. It's not the cheapest quote you'll find in the suburb, but it's well within a reasonable range — and it's significantly below what most Western Australians and Australians nationally are forking out for comparable cover.
For a property of this size and specification, a "fair" rating is actually a reasonable outcome. Double brick construction, a Colorbond roof, and a slab foundation are all features that insurers tend to view positively, so there's limited scope for the premium to be dramatically lower without reducing cover or increasing the excess.
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How Carramar Compares
To put this quote in proper perspective, let's look at the numbers across different benchmarks.
| Benchmark | Premium |
|---|---|
| This quote | $1,378/yr |
| Carramar suburb average | $1,157/yr |
| Carramar suburb median | $1,062/yr |
| Carramar 25th percentile | $812/yr |
| Carramar 75th percentile | $1,599/yr |
| LGA (Wanneroo) average | $1,550/yr |
| WA state average | $2,811/yr |
| WA state median | $2,127/yr |
| National average | $5,347/yr |
| National median | $2,764/yr |
(Based on 28 quotes collected for the Carramar area.)
A few things stand out here. First, this quote sits above the suburb median of $1,062 but comfortably below the 75th percentile of $1,599 — meaning the majority of Carramar homeowners are paying somewhere in a similar ballpark, and roughly a quarter are paying more than this quote. It's worth noting that the suburb sample size is 28 quotes, which gives a reasonable indication of local pricing trends.
Second, when you zoom out to the WA state level, the picture becomes much more favourable. The state average sits at $2,811 — more than double this quote. Western Australia's premium landscape is heavily influenced by cyclone-prone regions in the north of the state, which push averages up considerably. Carramar, being in the Perth metro area, benefits from a much lower risk profile.
At the national level, the contrast is even starker. The national average of $5,347 reflects the enormous variation in risk across Australia, from flood-prone Queensland towns to bushfire-affected regions in NSW and Victoria. By that measure, Carramar homeowners are in a genuinely advantageous position.
You can explore more localised data for this postcode on the Carramar suburb stats page.
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Property Features That Affect Your Premium
Several characteristics of this property are worth highlighting, as they directly influence what insurers charge.
Double Brick Construction Double brick is widely regarded as one of the most resilient external wall types in Australia. It offers strong resistance to fire, wind, and general wear, which insurers reward with lower risk assessments. For a home built in 2005, double brick construction also means the property is likely still in excellent structural condition.
Steel/Colorbond Roof Colorbond roofing is a popular choice in Perth's climate and is considered a low-maintenance, durable option. It performs well in high-heat conditions and is resistant to corrosion — both factors that reduce the likelihood of weather-related claims.
Slab Foundation A concrete slab foundation is standard for homes of this era in WA and is generally viewed favourably by insurers. It's less susceptible to subsidence issues than other foundation types.
Solar Panels This property has solar panels installed. It's important to ensure your policy specifically covers solar panels — either as part of the building sum insured or as a listed item. Some policies include them automatically; others require you to declare them. With a building sum insured of $480,000 for a 214 sqm home, there should be adequate room to cover the panels, but always confirm with your insurer.
Ducted Climate Control Ducted air conditioning is a significant fixed asset and should be included in your building sum insured. For a 4-bedroom home in Perth's warm climate, this is a meaningful component of the home's replacement value.
No Pool, No Cyclone Zone The absence of a pool removes a common liability risk factor, and the property's location outside a cyclone risk area keeps premiums lower than they would be for comparable homes in northern WA.
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Tips for Homeowners in Carramar
1. Check your building sum insured regularly With construction costs rising across Perth, the cost to rebuild a 214 sqm double brick home has increased substantially in recent years. Make sure your $480,000 sum insured reflects current rebuild costs — not what it would have cost five years ago. Underinsurance is one of the most common and costly mistakes homeowners make.
2. Confirm solar panels are covered As mentioned above, solar panels aren't always automatically included in standard building cover. Ask your insurer directly whether your panels are covered, and for how much. This is especially relevant if your system has been upgraded or expanded since the policy was first taken out.
3. Consider raising your excess to reduce your premium With both building and contents excess currently at $1,000, there may be room to increase this — particularly if you're financially comfortable absorbing a higher out-of-pocket cost in the event of a claim. A higher excess can meaningfully reduce your annual premium.
4. Compare quotes at renewal time A "fair" rating means this quote is reasonable, but it doesn't mean it's the best available. The insurance market is competitive, and premiums can vary significantly between providers for the same property. Spending 10 minutes comparing quotes before your renewal date could save you hundreds of dollars a year.
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Ready to Compare?
Whether you're renewing your existing policy or shopping for cover for the first time, it pays to see what's available. Get a home insurance quote through CoverClub and compare options tailored to your property in Carramar. It's quick, free, and could help you find better value without sacrificing the cover you need.