Lathlain is a well-established inner-suburban neighbourhood sitting just 5 kilometres east of the Perth CBD, and it's increasingly popular with families looking for solid, modern homes close to the city. This analysis takes a close look at a real home and contents insurance quote for a four-bedroom, two-bathroom free standing home in Lathlain (WA 6100) — breaking down whether the price stacks up, how it compares to local and national benchmarks, and what steps homeowners can take to get better value.
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Is This Quote Fair?
The annual premium for this property came in at $2,084 per year (or roughly $200 per month), covering both building and contents. The building is insured for $1,002,000 and contents for $242,000, with a $2,000 excess applying to both.
Our price rating for this quote is Expensive — Above Average.
To put that in context: the average home and contents premium across Lathlain sits at just $1,210 per year, with a suburb median of $1,282. That means this quote is running approximately 72% above the suburb average — a meaningful gap that's worth investigating before simply accepting the renewal.
That said, it's important not to view the premium in isolation. The building sum insured of over $1 million is on the higher end for this postcode, and the contents cover of $242,000 adds further weight to the total insured value. Higher sums insured naturally attract higher premiums. Still, even accounting for these factors, there's a reasonable case that this homeowner could find more competitive pricing by shopping around.
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How Lathlain Compares
Understanding where Lathlain sits within the broader insurance landscape is useful context for any homeowner in the area. Here's how the numbers stack up:
| Benchmark | Average Premium |
|---|---|
| Lathlain (suburb average) | $1,210/yr |
| Lathlain (suburb median) | $1,282/yr |
| Lathlain (25th percentile) | $781/yr |
| Lathlain (75th percentile) | $1,628/yr |
| LGA – City of Victoria Park | $1,852/yr |
| Western Australia (state average) | $2,811/yr |
| Western Australia (state median) | $2,127/yr |
| National average | $5,347/yr |
| National median | $2,764/yr |
(Based on [suburb-level data for Lathlain](https://coverclub.com.au/stats/WA/6100/lathlain) from 18 quotes collected in our database.)
A few things stand out here. First, Lathlain is actually a relatively affordable suburb to insure compared to the WA state average of $2,811 per year — suggesting the local risk profile is reasonably benign. Second, when you zoom out to the national picture, Lathlain looks even more favourable, with the national average sitting at a steep $5,347 annually (heavily influenced by high-risk regions like North Queensland and coastal flood zones).
The quote in question, at $2,084, falls above the suburb's 75th percentile of $1,628 — meaning it's more expensive than at least three-quarters of comparable quotes in the area. This is a clear signal that comparing alternatives is worthwhile.
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Property Features That Affect Your Premium
Every home is different, and insurers assess a range of property characteristics when calculating your premium. Here's how the key features of this Lathlain property are likely influencing the cost:
Double Brick Construction
Double brick is widely regarded as one of the most durable and insurer-friendly wall types in Australia. It offers excellent structural integrity, strong fire resistance, and good thermal performance. In many cases, double brick homes attract lower premiums than timber-framed or clad alternatives — so this is a feature working in the homeowner's favour.
Steel / Colorbond Roof
Colorbond steel roofing is another positive from an insurer's perspective. It's lightweight, resistant to corrosion, and performs well in high-wind events. It also has a long lifespan with relatively low maintenance requirements. This should contribute to a more competitive premium compared to older tile or terracotta roofs.
Slab Foundation & Tile Flooring
A concrete slab foundation is standard for homes built in Perth's climate and is considered low-risk by most insurers. Tiled flooring similarly requires less maintenance and is more resistant to water damage than carpet or timber, which can be a minor positive factor.
Swimming Pool
Pools introduce a degree of liability risk and can add to the cost of a claim (e.g., damage to pool equipment or surrounds). Most insurers factor this into their pricing, and it's worth confirming exactly what your policy covers regarding pool-related damage.
Solar Panels
Solar panels are increasingly common on Perth homes, but they do add to the replacement cost of the building. Insurers will typically include them under the building sum insured, so it's essential to ensure the $1,002,000 building cover adequately accounts for panel replacement costs, which can run into the tens of thousands.
Ducted Climate Control
Ducted air conditioning systems are a significant fixed asset and are generally covered under building insurance. As with solar panels, their value should be factored into your building sum insured to avoid being underinsured in the event of a total loss.
Built in 2013
A construction year of 2013 means this home is relatively modern — just over a decade old — which generally works in the homeowner's favour. Newer builds tend to comply with more recent building codes and are less likely to have ageing infrastructure that could lead to claims.
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Tips for Homeowners in Lathlain
If you're a homeowner in Lathlain and your premium is coming in above the suburb average, here are some practical steps to take:
- Shop around before renewing. Loyalty doesn't always pay in insurance. Given this quote sits above the 75th percentile for the suburb, comparing at least three to four quotes from different insurers could reveal meaningful savings. Use a comparison tool like CoverClub to benchmark your options quickly.
- Review your sum insured carefully. A building sum insured of $1,002,000 is substantial. Make sure this figure reflects the actual cost to rebuild your home (not its market value), including any special features like the pool, solar system, and ducted air conditioning. Overinsuring pushes your premium up unnecessarily, while underinsuring leaves you exposed.
- Consider your excess strategy. This policy carries a $2,000 excess on both building and contents. Opting for a higher excess — say, $2,500 or $3,000 — can reduce your annual premium, particularly if you're unlikely to make small claims. Just make sure the excess remains affordable in the event you do need to claim.
- Bundle and consolidate where possible. Many insurers offer discounts when you hold both building and contents cover under the same policy (as is the case here) or when you combine home insurance with other products like car insurance. It's worth asking your insurer directly about available discounts.
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Compare Your Home Insurance Today
Whether you're reviewing an existing policy or shopping for the first time, comparing 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 homes in your suburb and across Western Australia.