If you own a free standing home in Pie Creek, QLD 4570, you're probably curious whether you're getting a fair deal on your home and contents insurance — or quietly overpaying. In this article, we break down a real insurance quote for a four-bedroom, two-bathroom brick veneer home in the area, and put it in context using suburb, state, and national benchmarks. Whether you're renewing your policy or shopping around for the first time, this analysis should give you a clearer picture of what to expect.
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Is This Quote Fair?
The quote in question comes in at $3,328 per year (or $312 per month) for combined home and contents cover, with a building sum insured of $1,000,000 and contents valued at $100,000. The building excess is $2,000 and the contents excess is $1,000.
Our price rating for this quote is FAIR — Around Average.
That assessment holds up well under scrutiny. The premium sits comfortably below the suburb average of $3,596/yr and also under the suburb median of $3,503/yr. In other words, this homeowner is paying less than what most comparable properties in Pie Creek are quoted — which is a solid outcome, even if it's not a bargain-basement result.
It's also worth noting that the quote falls within the interquartile range for the suburb (between the 25th percentile of $2,916/yr and the 75th percentile of $4,194/yr), meaning it's well within the normal spread of what Pie Creek homeowners are paying. There's room to potentially do better, but there's also plenty of room to do worse.
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How Pie Creek Compares
To really understand this quote, it helps to zoom out and look at the broader picture. Here's how Pie Creek stacks up:
| Benchmark | Premium |
|---|---|
| This Quote | $3,328/yr |
| Pie Creek Suburb Average | $3,596/yr |
| Pie Creek Suburb Median | $3,503/yr |
| Fraser Coast LGA Average | $4,810/yr |
| QLD State Median | $3,903/yr |
| QLD State Average | $9,129/yr |
| National Average | $5,347/yr |
| National Median | $2,764/yr |
(Based on a sample of 30 quotes in the Pie Creek area. View full [Pie Creek suburb insurance stats](https://coverclub.com.au/stats/QLD/4570/pie-creek), [QLD state stats](https://coverclub.com.au/stats/QLD), and [national stats](https://coverclub.com.au/stats/national).)
A few things stand out here. The QLD state average of $9,129/yr is dramatically higher than both this quote and the suburb median — this is largely driven by high-risk coastal and cyclone-prone areas in Far North Queensland, which skew the average significantly upward. The state median of $3,903/yr is a more representative figure, and this quote still comes in below it.
Compared to the Fraser Coast LGA average of $4,810/yr, this quote looks even more competitive — it's over $1,400 cheaper per year than the local government area average. That's a meaningful saving.
On the national side, the median of $2,764/yr is lower than this quote, which reflects the fact that many parts of Australia — particularly lower-risk metropolitan areas — attract cheaper premiums. The national average of $5,347/yr is again pulled upward by high-risk regions.
The takeaway: for a property of this size and nature in Pie Creek, $3,328/yr is a reasonable outcome.
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Property Features That Affect Your Premium
Several characteristics of this property have a direct bearing on what insurers charge. Here's how the key features play out:
Brick Veneer Walls & Colorbond Roof Brick veneer is generally viewed favourably by insurers — it's durable, fire-resistant, and relatively low maintenance. A steel Colorbond roof is similarly well-regarded, offering strong resistance to weather events and a long lifespan. This combination typically attracts more competitive premiums compared to, say, weatherboard cladding or terracotta tiles.
Elevated Foundation (At Least 1 Metre) This is a significant factor in Queensland. An elevated home — particularly one raised at least a metre off the ground — offers meaningful protection against flood and storm surge. In a region like the Gympie area, where rainfall can be intense and waterways can rise quickly, elevation is a genuine risk-mitigating feature that insurers take into account.
Slab Foundation While the home is elevated, it sits on a slab — a common construction method that is generally straightforward for insurers to assess. Slab foundations can be vulnerable to movement in certain soil types, but in most cases they're considered a neutral-to-positive factor.
Pool, Solar Panels & Ducted Climate Control These additions increase the overall replacement value of the property, which is reflected in the sum insured and, consequently, the premium. A pool introduces some liability considerations, and solar panels — while increasingly common — add to the cost of rebuilding. Ducted climate control is a significant fixture that needs to be covered as part of the building. Together, these features justify a higher sum insured and contribute to the premium being above the national median.
Construction Year: 1984 A home built in 1984 is now over 40 years old. Older homes can attract slightly higher premiums due to the potential for ageing infrastructure — plumbing, wiring, and roofing materials that may be closer to end-of-life. That said, a well-maintained brick veneer home of this era is generally still insurable at competitive rates.
Timber/Laminate Flooring Timber and laminate floors are popular but can be costly to replace following water damage or flooding. This is worth keeping in mind when assessing your contents and building cover.
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Tips for Homeowners in Pie Creek
1. Review your sum insured regularly With building costs rising across Queensland, a sum insured set several years ago may no longer reflect the true cost of rebuilding your home. Make sure your $1,000,000 building cover is based on a current rebuild estimate — not just a figure carried over from a previous policy. Underinsurance is one of the most common and costly mistakes homeowners make.
2. Check your flood cover carefully The Gympie region has experienced significant flooding in recent years. Even with an elevated home, it's worth confirming exactly what your policy covers in terms of flood, storm surge, and rainwater runoff. These are often defined differently across policies, and the distinctions matter enormously at claim time.
3. Consider your excess trade-off This quote carries a $2,000 building excess and $1,000 contents excess. Opting for a higher excess is one way to reduce your annual premium, but make sure you're comfortable covering that amount out of pocket in the event of a claim. For many homeowners, the sweet spot is an excess that's meaningful enough to lower the premium without being financially painful.
4. Compare quotes before renewing Loyalty doesn't always pay in insurance. Premiums can shift significantly from year to year, and insurers don't always pass on savings to existing customers. Running a fresh comparison before your renewal date — even if you ultimately stick with your current insurer — is one of the simplest ways to ensure you're not overpaying.
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Ready to Compare?
Whether you're assessing a new quote or questioning your current premium, CoverClub makes it easy to benchmark your home insurance against real data from your suburb and beyond. Get a home insurance quote today and see how your premium stacks up — in Pie Creek and across Australia.