Question 1

Is Jacobs Well a nice place to live?

Accepted Answer

Jacobs Well is a quiet coastal village on the northern edge of the Gold Coast beside Moreton Bay, with a low-density, relaxed character of predominantly single-storey homes, holiday houses and larger residential blocks rather than high-rise development. Life centres on the water with a boat ramp, jetty, foreshore parks and regular fishing and boating activity, and a small village centre provides basic shops and community facilities. The community numbers 2,882 people, with a median age of 42 and a typical household income of $2,127 a week; homes are largely owner-occupied.

That mix tends to attract people seeking a laidback seaside lifestyle and easy access to coastal waterways, and families in the area are dominated by couple households. Planning is under way for upgrades to Stapylton–Jacobs Well Road that include investigation of widening, upgraded signalised intersections, provision for potential future public transport and more than 3 km of off-road active transport paths, and an intersection upgrade for improved turn lanes, drainage and lighting is also planned. Whether Jacobs Well suits you comes down to whether you value a water-based, low-density coastal village.

Question 2

Is it expensive to live in Jacobs Well?

Accepted Answer

Housing costs in Jacobs Well 4208 sit high against what people locally earned at the last Census.

On the figures, renting a house at $1,200 a week would take about 56.4% of a typical local household's weekly income at the last Census, a large share. A median house price of $1,170,000 is about 10.6 times a typical local household's annual income at the last Census, which sits well above local incomes. If you're weighing renting versus buying, those two comparisons are the most relevant to your situation.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Jacobs Well a good place to invest?

Accepted Answer

House values in Jacobs Well climbed 14.0% over the past 12 months, a strong rise in what houses are worth. House rents rose 9.1% over the same period, a solid increase in the income they produce, so capital growth on houses outpaced rental growth this year. Whether that balance fits your plans depends on whether you prioritise capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.17M	N/A
Change in value Past 12 months	14.0%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$1200	N/A
Change in rent Past 12 months	9.1%	N/A

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