Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $441,750.
The upward trend in home prices in JACOBS WELL, 4208 averaged 3.27% per annum over a 3-year period.
Average weekly rents on listings have reached the $430 mark, reflecting a 5.06% increase in returns based on the current median price in JACOBS WELL.
An average of 7.83 real estate transactions take place per month in JACOBS WELL which translates to 94 per annum.
94 properties were sold in JACOBS WELL in 2016, making it the 23rd most active market in QLD based on total real estate transactions.
JACOBS WELL, 4208 places 303rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.45%||N/A|
|Median 3 years||9.82%||N/A|
|Median 5 years||11.2%||N/A|
|10 years average annual||2.02%||N/A|
|Weekly media advert. rent||$430||N/A|
|Time on Market||62.2 days||N/A|
|Gross Rental Yield Percent||5.06%||N/A|