Household pricing trends and regional variation
Home insurance pricing indicators show ongoing affordability strain for many households. Finity reports that average home insurance premiums rose 51% nationwide over the five years to October 2025, increasing from $1,940 in 2020 to $2,938. The firm links the rise to catastrophe losses, construction cost inflation, and changes in insurers’ risk appetites, including more granular pricing by location and peril. Finity’s capital city breakdown highlights wide geographic differences. As of October 2025, Darwin recorded the highest average home premium at $4,015, followed by Sydney at $3,964 and Brisbane at $3,872. Canberra, Melbourne, Hobart, Perth, and Adelaide ranged from approximately $2,042 to $2,622.