How much is building insurance in Australia?

How much building insurance costs in Australia is $1,200 to $1,800 per year for $500K building sum insured for average house, with $700K building $1,500 to $2,200, $1M building $2,000 to $3,000, according to Canstar and Finder, with premiums varying by state and flood risk. Building insurance, also called home building, covers structure walls, roof, floors and permanent fixtures like kitchen, bathroom, plumbing, plus garage, shed, fences, for $500K to $1M rebuild cost, costing $1,200 to $1,800 per year for $500K from Budget Direct $1,000 to $1,200 cheapest, Youi $1,200 to $1,500, NRMA $1,400 to $1,800, Allianz $1,300 to $1,700, with excess $500 to $1,000 and $20M public liability if visitor injured $100K to $500K claim. For example, $500K building insurance in NSW average $1,500 per year, VIC $1,300, QLD $1,800 due to flood and cyclone, NT $2,500 to $3,500 due to cyclone, TAS $1,200 cheapest, with flood cover optional extra 10% to 20%. For unit, building via strata levies $500 to $800 per year, not separate building insurance. So building insurance $1,200 to $1,800 per year for $500K building, $1,500 to $2,200 for $700K, $2,000 to $3,000 for $1M, with Budget Direct cheapest $1,000 to $1,200, and state varying with QLD and NT higher due to flood and cyclone.