Glenmore Park is a well-established suburb in Western Sydney, sitting within the Penrith local government area and known for its family-friendly streets and predominantly residential character. For owners of a four-bedroom, free-standing home in this suburb, understanding what a fair insurance premium looks like — and what drives it — can make a real difference at renewal time.
This article breaks down a recent home and contents insurance quote for a brick veneer property in Glenmore Park, comparing it against local, state, and national benchmarks to help you make a more informed decision.
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Is This Quote Fair?
The quote in question comes in at $1,475 per year (or roughly $136 per month) for combined home and contents cover, with a building sum insured of $750,000 and contents valued at $102,000. Both the building and contents excess are set at $2,000.
Our pricing engine rates this quote as Fair — Around Average, which is a reasonable outcome for this type of property. It's not the cheapest on the market, but it's also well below what many Glenmore Park homeowners are paying. Sitting just above the suburb's 25th percentile of $1,458 per year, this quote edges into the lower-middle range of the local market — meaning roughly three-quarters of comparable quotes in the area come in higher.
For a 214 sqm brick veneer home built in 2001 with solar panels and ducted climate control, this premium reflects a reasonably competitive position. The $2,000 excess on both building and contents is on the higher side, which typically helps bring the annual premium down — something worth factoring in if you're comparing quotes with lower excess options.
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How Glenmore Park Compares
To put this quote in proper context, it helps to look at the broader pricing landscape. Here's how the $1,475 annual premium stacks up:
| Benchmark | Premium |
|---|---|
| This quote | $1,475/yr |
| Glenmore Park 25th percentile | $1,458/yr |
| Glenmore Park suburb average | $2,005/yr |
| Glenmore Park median | $1,948/yr |
| Glenmore Park 75th percentile | $2,583/yr |
| Wollondilly LGA average | $3,670/yr |
| NSW state average | $3,801/yr |
| NSW state median | $3,410/yr |
| National average | $2,965/yr |
| National median | $2,716/yr |
The numbers tell an interesting story. At $1,475, this quote is 26% below the Glenmore Park suburb average of $2,005, and a striking 61% below the NSW state average of $3,801. Even compared to the national average of $2,965, this quote is more than 50% lower.
It's worth noting that NSW home insurance premiums are among the highest in the country, largely driven by elevated risk profiles in bushfire-prone and flood-affected regions across the state. The national average reflects a similarly pressured market, with premiums climbing steadily in recent years.
Glenmore Park itself sits in a more favourable risk zone compared to many parts of NSW, which helps explain why local suburb premiums are meaningfully lower than the state average. Based on 36 quotes sampled in the area, the suburb median of $1,948 suggests most homeowners here are paying significantly more than this particular quote — making it a solid result.
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Property Features That Affect Your Premium
Several characteristics of this property have a direct bearing on the premium calculated:
Brick Veneer Construction & Tiled Roof Brick veneer walls paired with a tiled roof are generally viewed favourably by insurers. Both materials offer solid fire resistance and durability, which can help moderate premiums compared to properties with timber cladding or corrugated iron roofing.
Concrete Slab Foundation A slab foundation is standard for homes of this era in Western Sydney and presents minimal additional risk from a structural standpoint. It's a neutral-to-positive factor in premium calculations.
Solar Panels The presence of solar panels adds a modest layer of complexity to a home insurance policy. Panels represent a significant asset — typically worth several thousand dollars — and need to be covered for storm damage, hail, and fire. Insurers vary in how they treat rooftop solar, so it's worth confirming your policy explicitly covers the system, including inverters and mounting hardware.
Ducted Climate Control Ducted air conditioning systems are a common feature in Glenmore Park homes and add to the overall replacement cost of the property. This is appropriately factored into the building sum insured.
Year of Construction (2001) A home built in 2001 is relatively modern by Australian standards and would have been constructed under building codes that include improved cyclone and earthquake provisions compared to older stock. This generally works in the homeowner's favour when insurers assess risk.
No Pool The absence of a swimming pool removes one potential liability and maintenance risk factor from the equation — a small but meaningful detail.
Standard Fittings Standard-quality fixtures and fittings are reflected in the contents and building valuations. Homes with premium or custom fittings typically attract higher replacement costs and, consequently, higher premiums.
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Tips for Homeowners in Glenmore Park
1. Review your building sum insured regularly Construction costs have risen sharply across Australia in recent years. A sum insured of $750,000 for a 214 sqm home works out to approximately $3,505 per square metre — which is within a reasonable range for a standard-quality build, but worth revisiting annually. Underinsurance remains one of the most common and costly mistakes homeowners make.
2. Check your solar panel coverage explicitly Not all home insurance policies automatically cover rooftop solar systems as part of the building. Ask your insurer directly whether your panels, inverter, and mounting hardware are included — and to what value. Some policies require a separate endorsement or schedule item.
3. Consider whether your excess level suits your situation The $2,000 excess on this policy is relatively high. While it helps reduce the annual premium, it means you'll need to cover the first $2,000 of any claim out of pocket. If you'd prefer a lower financial hit in the event of a claim, it may be worth comparing quotes with a $500 or $1,000 excess to see what the premium difference looks like.
4. Don't auto-renew without comparing Insurers frequently increase premiums at renewal, sometimes significantly, without any change to your risk profile. Given that this quote is already well below the Glenmore Park suburb average, it's a good reminder that shopping around — even when you're happy with your current insurer — can uncover meaningful savings.
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Compare Your Home Insurance Today
Whether you're a first-time buyer or a long-term Glenmore Park resident, it pays to know where your premium sits relative to the market. CoverClub makes it easy to compare home and contents insurance quotes tailored to your property. Get a quote today and see how much you could save.