Jacobs Well QLD

Postcode 4208 · Gold Coast LGA

Jacobs Well is a smaller suburb in Queensland within the Gold Coast local government area (postcode 4208). With a population of 2,882, the suburb has an established demographic with a median age of 42. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in Jacobs Well is $920,000, having surged 12.4% over the past year. Units have a median price of $1.7 million (-0.9% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $2,141.

Public transport access includes 10 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.

From an investment perspective, Jacobs Well offers a gross rental yield of 6.2%, rated as high yield. Property prices are near the state median ($920K/$1.1M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +12.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield6.2% High Yield
Price vs State$920K/$1.1M Near Median
Affordability8.3x Moderate
Price Momentum+12.4% Rising
INCOME (ATO 2022-23)
Median Income$58,933
Mean Income$79,085
Earners3,448
YoY Change+6.4%
SEIFA INDEX (ABS)
Advantage7/10
Education4/10
Economic9/10
Disadvantage7/10
MEDIAN HOUSE
$920K
12.4% YoY
MEDIAN UNIT
$1.7M
-0.9% YoY
MEDIAN RENT /WK
$465
POPULATION
2,882
DEMOGRAPHICS
Median Age42
Household Size2.7
HH Income /wk$2,127
Personal Income /wk$903
Mortgage /mth$2,141
CRIME (Gold Coast LGA)
Crime Rate (per 100k)5,745
Total Incidents5,745
TRANSPORT
Bus Stops10
Data: 2024