If you own a free standing home in Wembley Downs, WA 6019, you've likely noticed that home insurance premiums can vary dramatically depending on who you ask. This article breaks down a real home and contents insurance quote for a four-bedroom, double brick property in this popular Perth suburb — and puts it in context against local, state, and national benchmarks to help you understand whether you're getting a fair deal.
---
Is This Quote Fair?
The quote in question comes in at $1,098 per year (or roughly $103 per month) for combined home and contents cover, with a building sum insured of $758,000 and contents valued at $80,000. 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 suburb average for Wembley Downs sits at $1,218 per year, meaning this quote comes in about $120 below what most homeowners in the area are paying. It also sits comfortably below the suburb median of $1,217. So while it's not the cheapest quote you could find — the 25th percentile for the suburb is $858 — it's meaningfully better than the upper end of the local market, where premiums can reach $1,633 or more.
In short: this isn't a bargain-basement price, but it's a solid, competitive result for a well-specified property in an established Perth suburb.
---
How Wembley Downs Compares
One of the most telling aspects of this quote is just how favourably Wembley Downs stacks up against broader benchmarks. Here's a quick snapshot:
| Benchmark | Annual Premium |
|---|---|
| This Quote | $1,098 |
| Suburb Average (Wembley Downs) | $1,218 |
| LGA Average (Cambridge) | $1,431 |
| WA State Average | $2,144 |
| National Average | $2,965 |
The gap between this quote and the national average is striking — at $1,098, this homeowner is paying 63% less than the average Australian pays for home and contents insurance. Even compared to the WA state average of $2,144, the saving is substantial.
Why is Wembley Downs so much more affordable than the national norm? A few factors are at play. The suburb sits in a relatively low-risk zone — no cyclone exposure, minimal flood history, and a well-established built environment. Properties in the City of Cambridge LGA tend to be solidly constructed, which insurers reward with lower premiums.
It's worth noting that the suburb sample for this analysis includes six quotes — a modest but meaningful dataset for a suburb of this size. As more data comes in, these averages may shift, so it's always worth comparing regularly.
---
Property Features That Affect Your Premium
Every insurer assesses risk differently, but certain property characteristics consistently influence what you'll pay. Here's how the features of this particular home play into the pricing:
Double Brick Construction
Double brick is widely regarded as one of the most resilient wall types in Australia. It offers excellent fire resistance, strong structural integrity, and good thermal performance. Insurers generally view double brick homes favourably, which can translate to lower premiums compared to timber or clad construction.
Steel / Colorbond Roof
Colorbond roofing is a popular choice across Perth and is well-suited to the WA climate. It's lightweight, durable, and resistant to corrosion — all characteristics that reduce the likelihood of weather-related claims. This roof type is typically viewed as low-to-moderate risk by insurers.
Slab Foundation
A concrete slab foundation is standard for homes of this era and is generally considered stable and low-risk, particularly in Perth's relatively dry climate where soil movement is less of a concern than in some eastern states.
Solar Panels
This property includes solar panels, which are now a standard feature across much of suburban Perth. While solar panels do add some replacement value to a claim, most insurers include them under standard building cover. It's worth confirming with your insurer that your panels are explicitly covered and that the sum insured reflects their replacement cost.
Ducted Climate Control
Ducted air conditioning is a significant fixed asset and is typically covered under building insurance. Given the cost of replacing a full ducted system — which can run into the tens of thousands — it's important to ensure your building sum insured accounts for this.
1995 Construction
Homes built in the mid-1990s are generally well-regarded by insurers. They're past the point of early construction issues but not so old as to raise concerns about ageing infrastructure or non-compliant building materials. This vintage typically sits in a sweet spot for pricing.
No Pool
The absence of a swimming pool removes one potential liability and maintenance risk factor from the equation — a minor but positive influence on premium calculations.
---
Tips for Homeowners in Wembley Downs
Whether you're renewing your policy or shopping around for the first time, here are four practical steps to make sure you're getting the best value from your home insurance.
- Review your sum insured annually. Building costs in Perth have risen considerably in recent years. A sum insured of $758,000 may be appropriate today, but it's worth running a rebuilding cost estimate each year to ensure you're not underinsured — especially given the rising cost of labour and materials.
- Check that your solar panels are explicitly covered. Not all policies treat solar panels the same way. Confirm with your insurer whether they're included under building cover, whether there are any sub-limits, and whether the current sum insured reflects their full replacement value.
- Consider your excess strategy. This policy carries a $2,000 building excess and a $1,000 contents excess. Opting for a higher excess is a common way to reduce your annual premium, but make sure you could comfortably cover that amount out of pocket if you needed to make a claim.
- Compare quotes at renewal — every year. The insurance market moves constantly, and loyalty doesn't always pay. Even if your current premium feels reasonable, it takes only a few minutes to compare quotes at CoverClub and confirm you're still getting competitive value.
---
Compare Your Own Quote
Curious how your own premium stacks up? CoverClub makes it easy to benchmark your home insurance against real data from your suburb, LGA, and state. Whether you're in Wembley Downs or anywhere else in Australia, you can get a quote and compare in minutes — no jargon, no pressure, just clear information to help you make a confident decision.
You can also explore detailed insurance pricing trends for Wembley Downs, Western Australia, and Australia as a whole on the CoverClub stats pages.