Craigie is a well-established residential suburb in the City of Joondalup, sitting roughly 20 kilometres north of the Perth CBD. Known for its leafy streets and solid brick homes built predominantly from the 1970s through to the early 1990s, it's a suburb where home insurance is a genuine consideration for owners. This article breaks down a real home and contents insurance quote for a four-bedroom, two-bathroom free standing home in Craigie — and helps you understand whether the price stacks up.
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Is This Quote Fair?
The quote in question comes in at $1,453 per year (or $139 per month) for combined home and contents cover, with a building sum insured of $450,000 and contents valued at $100,000. Both the building and contents excess are set at $1,000.
Our rating for this quote is FAIR — Around Average, and the data backs that up. The suburb average premium for Craigie sits at $1,472 per year, meaning this quote lands just $19 below what most comparable properties in the area are paying. That's a comfortable position — you're not overpaying, but there's also room to potentially do better if you shop around.
It's worth noting that the suburb median (the midpoint of all quotes, which filters out extremes) is $1,176 per year. The gap between the median and this quote suggests that roughly half of Craigie homeowners are finding cover for less — though coverage levels, property features, and insurer choice all play a significant role in those differences. If you're curious about the full spread of premiums in the area, you can explore Craigie suburb insurance stats on CoverClub.
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How Craigie Compares
One of the most striking takeaways from this data is just how affordable Craigie is relative to broader benchmarks.
| Benchmark | Average Premium | Median Premium |
|---|---|---|
| Craigie (suburb) | $1,472/yr | $1,176/yr |
| Joondalup LGA | $2,112/yr | — |
| Western Australia | $2,811/yr | $2,127/yr |
| National | $5,347/yr | $2,764/yr |
The quote of $1,453 per year sits well below the WA state average of $2,811 — that's nearly half the state average. Compared to the national average of $5,347, the difference is even more dramatic, largely driven by the extreme premiums seen in cyclone-prone regions of Queensland and northern Australia.
Even within the City of Joondalup LGA, Craigie performs favourably — the LGA average is $2,112 per year, suggesting that some neighbouring suburbs carry meaningfully higher risk profiles or higher property values.
The 25th to 75th percentile range for Craigie runs from $930 to $1,837 per year, so this quote sits comfortably within the middle of the local market. It's a reasonable outcome, though homeowners closer to the lower end of that range are clearly finding competitive deals worth chasing.
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Property Features That Affect Your Premium
Several characteristics of this property work in the homeowner's favour from an insurance pricing perspective.
Double brick construction is one of the most positively regarded building materials by Australian insurers. It offers excellent structural integrity, strong resistance to fire and impact, and tends to perform well in storms. For a home built in 1983, double brick also signals durability — these walls have stood for over four decades and are unlikely to present the structural concerns associated with some lightweight cladding systems.
Tiled roofing is similarly well-regarded. Terracotta or concrete tiles are non-combustible, long-lasting, and widely used across Perth's northern suburbs. They do add weight to a structure, but on a solid slab foundation, this is rarely a concern.
Slab-on-ground foundation is standard for Perth homes of this era and is generally considered low-risk by insurers. There's no subfloor cavity that could harbour moisture or pests, and the construction type is well understood by local assessors.
The swimming pool is worth flagging. Pools can slightly increase premiums due to liability considerations — particularly public liability cover within a home policy, which responds if a guest is injured on your property. Ensuring your policy includes adequate liability cover is important for pool-owning households.
Ducted climate control adds to the replacement value of the home's fixtures and fittings. It's a meaningful inclusion in the building sum insured calculation, and underinsuring a home with ducted systems is a common mistake. At $450,000, the building sum insured should account for full rebuild costs — not market value — including all installed systems.
The property is not in a cyclone risk area, which is a significant factor keeping premiums lower than many other parts of WA and Australia more broadly.
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Tips for Homeowners in Craigie
1. Check your building sum insured annually Construction costs in Perth have risen substantially in recent years. A sum insured that was accurate two years ago may now fall short of actual rebuild costs. Use a building cost calculator or speak with a quantity surveyor to ensure your $450,000 figure still reflects current labour and material prices — especially with a pool and ducted air conditioning to factor in.
2. Review your contents figure $100,000 in contents cover is a reasonable starting point, but it's easy to underestimate the cumulative value of furniture, appliances, clothing, electronics, and jewellery. Do a room-by-room audit periodically to make sure your contents sum insured keeps pace with what you actually own.
3. Compare quotes before renewal A "FAIR" rating means you're around the average — but that also means better deals exist in the market. Insurers price risk differently, and loyalty doesn't always pay. Using a comparison tool like CoverClub at renewal time takes minutes and could reveal meaningful savings without sacrificing cover quality.
4. Ask about bundling discounts Some insurers offer reduced premiums when you hold multiple policies — such as home, contents, and car insurance — under the same provider. If you're currently splitting cover across different companies, it may be worth getting a combined quote to see if consolidation works in your favour.
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Ready to See What You Could Pay?
Whether you're reviewing an existing policy or shopping for cover on a new purchase, comparing quotes is the smartest first step. CoverClub makes it easy to see real premium data for your suburb and get quotes tailored to your property. Start your free comparison at CoverClub and find out if your current insurer is still giving you the best deal.