Mooroobool is a well-established residential suburb sitting just a few kilometres west of Cairns CBD in Far North Queensland. It's a popular choice for families, offering a mix of older and mid-era homes on generous blocks — and this quote covers exactly that: a four-bedroom, two-bathroom free standing home built in 1995, insured for both building and contents. If you've ever wondered whether your home insurance premium is reasonable for this part of the world, you're in the right place.
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Is This Quote Fair?
The annual premium for this property comes in at $4,322 per year (or around $414 per month), covering a building sum insured of $766,000 and contents valued at $50,000, each with a $1,000 excess.
Our price rating for this quote is FAIR — Around Average, and the data backs that up. Based on 40 quotes collected for Mooroobool (postcode 4870), the suburb average sits at $4,972/yr and the median at $4,637/yr. This quote lands below both figures, which is a solid outcome for a property of this size and age in a cyclone-designated area.
To put it in a broader context: the quote falls between the suburb's 25th percentile ($3,466/yr) and 75th percentile ($5,573/yr), placing it comfortably in the middle of the market. You're not getting the cheapest deal available in the suburb, but you're certainly not overpaying either. For a home with solar panels and concrete construction in a high-risk weather zone, landing near the middle of the range is a reasonable result.
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How Mooroobool Compares
Home insurance pricing in Far North Queensland is notoriously complex, and the numbers reflect that clearly.
| Benchmark | Premium |
|---|---|
| This quote | $4,322/yr |
| Mooroobool suburb average | $4,972/yr |
| Mooroobool suburb median | $4,637/yr |
| Cairns LGA average | $12,404/yr |
| QLD state average | $9,129/yr |
| QLD state median | $3,903/yr |
| National average | $5,347/yr |
| National median | $2,764/yr |
A few things stand out here. The Queensland state average of $9,129/yr is dramatically higher than the state median of $3,903/yr — a gap that reflects the outsized influence of high-risk coastal and cyclone-prone areas (like Cairns) on the overall average. The Cairns LGA average of $12,404/yr is a striking figure, and it illustrates just how expensive insurance can be for some properties in this region.
Compared to national benchmarks, this quote sits below the national average of $5,347/yr but above the national median of $2,764/yr. That's consistent with what you'd expect for a property in a cyclone risk zone — premiums here will always run higher than the typical Australian home, but this particular quote is performing better than many in the same postcode.
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Property Features That Affect Your Premium
Several characteristics of this property play a meaningful role in how insurers price the risk.
Cyclone Risk Zone
This is the single biggest factor. Mooroobool falls within a designated cyclone risk area, and insurers apply significant loadings to reflect the potential for wind, rain, and storm surge damage. Properties in Far North Queensland routinely attract premiums two to three times higher than comparable homes in southern states — this is simply the cost of living in one of Australia's most weather-exposed regions.
Concrete External Walls
Concrete construction is generally viewed favourably by insurers. It offers strong resistance to wind damage, fire, and pest intrusion compared to timber-framed homes. In a cyclone zone, this can translate to a more competitive premium, as the structure is better equipped to withstand extreme weather events.
Steel / Colorbond Roof
Colorbond roofing is a popular and practical choice in tropical Queensland. It's lightweight, durable, and performs well in high winds when properly installed. Insurers tend to rate metal roofing positively in cyclone-prone areas, particularly compared to older tile roofs that can dislodge under storm conditions.
Slab Foundation & Tile Flooring
A concrete slab foundation provides stability and reduces the risk of subsidence or underfloor moisture damage. Combined with tile flooring throughout, this property has a profile that limits exposure to water damage — a relevant consideration given the region's heavy wet season rainfall.
Solar Panels
Solar panels are an increasingly common feature on Queensland homes, but they do add some complexity to insurance. Panels need to be covered under the building policy, and their replacement cost contributes to the overall sum insured. Insurers may also consider the additional risk of panel damage during storms or hail events. It's worth confirming with your insurer that your solar system is explicitly included in your building cover.
Building Size & Age
At 214 sqm and built in 1995, this is a mid-sized home of moderate age. Properties from this era are generally well-understood by insurers — they're past the teething issues of new builds but not yet in the territory where major structural components are nearing end of life. The $766,000 sum insured reflects a thorough approach to replacement cost coverage for a home of this specification.
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Tips for Homeowners in Mooroobool
1. Review your sum insured annually Construction costs in Queensland have risen sharply in recent years. A sum insured set even two or three years ago may no longer be sufficient to fully rebuild your home. Use a building cost calculator or speak with a quantity surveyor to ensure your coverage keeps pace with current rebuild costs.
2. Check your cyclone preparedness credits Some insurers offer premium discounts for homes that meet certain cyclone resilience standards — such as roof tie-downs, reinforced garage doors, or shuttered windows. If your home has been upgraded with these features, make sure your insurer is aware, as it could reduce your premium.
3. Confirm solar panel coverage explicitly Don't assume your solar panels are automatically covered. Ask your insurer to confirm in writing that the panels, inverter, and associated wiring are included under your building policy and check the sub-limits that apply.
4. Compare quotes at renewal time Even if you're happy with your current insurer, the home insurance market in Queensland is competitive and pricing can shift significantly from year to year. Running a comparison at renewal is one of the simplest ways to ensure you're not drifting into the expensive end of the market.
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Ready to Compare?
Whether you're reviewing your current policy or shopping for the first time, it pays to see what the market is offering. Head to CoverClub to compare home and contents insurance quotes for your Mooroobool property — and find out whether you're getting a fair deal. You can also explore the latest suburb-level pricing data for Mooroobool to see how your premium stacks up against your neighbours.