Eglinton is one of Perth's fastest-growing coastal suburbs, sitting in the City of Wanneroo about 40 kilometres north of the CBD. With a wave of new housing estates and modern builds reshaping the area, it's no surprise that homeowners here are paying close attention to the cost of protecting their most valuable asset. This article takes a deep dive into a real home and contents insurance quote for a three-bedroom, two-bathroom free standing home in Eglinton — and helps you understand whether it represents good value or whether there's room to shop around.
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Is This Quote Fair?
The quote in question comes in at $2,328 per year (or $223 per month) for a combined home and contents policy, covering a building sum insured of $896,000 and contents valued at $50,000. Both the building and contents excess sit at $1,000.
Our price rating for this quote is Expensive — Above Average, and the data backs that up.
When compared against other quotes collected for Eglinton (postcode 6034), this premium sits noticeably above the suburb average of $1,565 per year and well above the suburb median of $1,148 per year. In fact, it lands between the 75th percentile ($2,026/yr) and the upper end of the range — meaning roughly three-quarters of comparable quotes in this suburb came in cheaper.
That said, context matters. A building sum insured of $896,000 is substantial, and for a newly built 214 sqm double brick home with above-average fittings, that figure is likely well-justified. Higher replacement values naturally push premiums upward, so some of the cost premium is a reflection of what's being covered rather than the insurer simply overcharging.
Still, the gap between this quote and the suburb median is significant — nearly $1,180 per year — which suggests there may be meaningful savings available by comparing multiple insurers.
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How Eglinton Compares
Understanding where Eglinton sits in the broader pricing landscape is useful context for any homeowner in the area.
| Benchmark | Average Premium | Median Premium |
|---|---|---|
| Eglinton (6034) | $1,565/yr | $1,148/yr |
| LGA (Wanneroo) | $1,550/yr | — |
| Western Australia | $2,811/yr | $2,127/yr |
| National | $5,347/yr | $2,764/yr |
A few things stand out here. First, Eglinton and the broader Wanneroo LGA are remarkably well-aligned — the average premiums are nearly identical ($1,565 vs $1,550), which suggests consistent pricing conditions across the local government area.
Second, Western Australian premiums sit meaningfully higher than the Eglinton suburb average, which is actually a good sign for local homeowners — it implies Eglinton is a relatively affordable suburb to insure within the state. The WA state average of $2,811 per year is 80% higher than the suburb median.
Third, when you zoom out to the national picture, the contrast is stark. The national average of $5,347 per year reflects the outsized impact of high-risk regions — particularly cyclone-prone areas of Queensland and the Northern Territory — on the overall figures. Eglinton homeowners are, in relative terms, in a favourable position compared to many other Australians.
The quote analysed here ($2,328/yr) actually sits below the WA state average, which reframes the "Expensive" rating somewhat — it's expensive relative to the local suburb, but not out of step with broader state pricing, especially given the high building sum insured.
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Property Features That Affect Your Premium
Several characteristics of this property have a direct bearing on the premium calculated by insurers. Here's how the key features stack up:
Double Brick Construction Double brick is generally viewed favourably by insurers. It's durable, fire-resistant, and handles the harsh Perth summer heat well. Homes with double brick walls typically attract lower premiums than those with lightweight or timber-frame construction, all else being equal.
Steel / Colorbond Roof Colorbond roofing is another tick in the right column. It's resilient, low-maintenance, and performs well in high-wind events. Compared to older terracotta or concrete tile roofs, Colorbond is considered a lower-risk roofing material by most insurers.
Slab Foundation A concrete slab foundation is standard for modern WA builds and is generally considered stable and low-risk. Unlike homes with raised subfloors, slab homes have no underfloor cavity that can harbour moisture or pests — a minor but relevant factor for some insurers.
New Build (2023) Being a newly constructed home is a significant advantage. Newer builds comply with the latest Australian building standards, which means better structural integrity, modern electrical systems, and up-to-date plumbing — all of which reduce the likelihood of a claim. Insurers tend to reward this with more competitive pricing.
Solar Panels Solar panels add value to the property but also add a layer of complexity to insurance. Most policies cover rooftop solar as part of the building, but it's worth confirming with your insurer that the panels — and any associated inverter or battery system — are explicitly included in your sum insured.
Ducted Climate Control Ducted air conditioning is a high-value fixed installation that should be factored into your building sum insured. At 214 sqm, a fully ducted system in a modern home could easily represent $15,000–$25,000 in replacement cost. Ensuring this is captured in your $896,000 building cover is important.
Above-Average Fittings Above-average fittings — think stone benchtops, quality cabinetry, and premium fixtures — increase the cost to rebuild, which is reflected in the higher sum insured. This is appropriate and important; underinsuring a well-appointed home is a common and costly mistake.
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Tips for Homeowners in Eglinton
1. Don't anchor to the cheapest quote — anchor to the right cover The suburb median of $1,148 per year is tempting, but if your home has a high replacement value and quality fittings, a policy priced at that level may not provide adequate cover. Focus on getting the sum insured right first, then compare premiums across insurers for equivalent coverage.
2. Review your building sum insured annually Construction costs in WA have risen sharply in recent years. A sum insured that was accurate when you first took out the policy may now be insufficient to fully rebuild your home. Many insurers offer automatic indexation, but it's worth checking whether your coverage is keeping pace with actual building costs in your area.
3. Confirm solar panels are explicitly covered Ask your insurer directly whether your solar panel system — including the inverter — is covered under the building section of your policy. Some policies include panels as standard; others treat them as an optional add-on. Don't assume.
4. Compare at least three quotes before renewing The spread of premiums in Eglinton is wide — from $799 at the 25th percentile to over $2,026 at the 75th percentile. That's a potential saving of over $1,200 per year for broadly similar cover. Shopping around at renewal time is one of the simplest ways to reduce your insurance costs without sacrificing protection.
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Compare Your Options at CoverClub
Whether you're reviewing an existing policy or shopping for cover on a new home in Eglinton, comparing multiple quotes is the single most effective way to ensure you're not overpaying. CoverClub makes it easy to see how your premium stacks up against real data from your suburb, your state, and across Australia. Get a home insurance quote today and find out if you could be paying less for the same — or better — cover.