How much does home insurance cost in Australia?
The typical Australian home is insured for about $2,471 a year — from 51,075 real Cover Club quotes. Here's how that varies across the country.
Rankings
The dearest and cheapest places in Australia to insure a home, from real quotes.
Australia’s most expensive suburbs to insure
The suburbs with the highest typical home insurance premiums, by median across real Cover Club quotes.
Australia’s cheapest suburbs for home insurance
The suburbs with the lowest typical home insurance premiums, by median across real Cover Club quotes.
Australia’s most expensive council areas to insure
The local government areas (LGAs) with the highest average home insurance premiums.
Australia’s cheapest council areas for home insurance
The local government areas (LGAs) with the lowest average home insurance premiums.
By state
The cheapest-to-dearest gap for the same home, ranked by spread. See also the average cost of home insurance by state.
| State | Cheapest quote | Dearest quote | Gap | |
|---|---|---|---|---|
| QLD | $2,259 | $4,758 | 111% more | View → |
| NSW | $1,996 | $4,075 | 104% more | View → |
| NT | $2,564 | $4,093 | 60% more | View → |
| WA | $1,031 | $2,542 | 146% more | View → |
| TAS | $1,415 | $2,840 | 101% more | View → |
| VIC | $1,514 | $2,894 | 91% more | View → |
| ACT | $1,525 | $2,670 | 75% more | View → |
| SA | $1,021 | $2,072 | 103% more | View → |
Spread = the gap between the cheapest and dearest quote for the same home across our panel. Median premiums from real Cover Club quotes, last refreshed June 2026. Indicative only; individual results vary.
FAQs
How much does home insurance cost in Australia?
Across real Cover Club quotes, the typical Australian home is insured for roughly $1,500–$2,500 a year for combined building and contents, though it varies widely by location, sum insured and excess. High-risk flood, bushfire and cyclone areas pay much more.
Which state has the most expensive home insurance?
Premiums are driven by natural-hazard exposure, so states and regions with significant flood, cyclone or bushfire risk — parts of Queensland and northern New South Wales in particular — tend to be the most expensive to insure.
Why is the same home quoted so differently between insurers?
Insurers weigh location risk differently, so the same home on identical cover can be quoted thousands of dollars apart. That gap is exactly why comparing across a panel of insurers pays off.