House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
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 $787,500.
The upward trend in home prices in JACOBS WELL, 4208 averaged 16.19% per annum over a 3-year period.
Average weekly rents on listings have reached the $535 mark, reflecting a 3.53% increase in returns based on the current median price in JACOBS WELL.
An average of 8 real estate transactions take place per month in JACOBS WELL which translates to 96 per annum.
96 properties were sold in JACOBS WELL in 2016, making it the 7th most active market in QLD based on total real estate transactions.
JACOBS WELL, 4208 places 923rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||24.31%||N/A|
|Median 3 years||48.58%||N/A|
|Median 5 years||80.83%||N/A|
|10 years average annual||7.79%||N/A|
|Weekly media advert. rent||$535||N/A|
|Time on Market||43.1 days||N/A|
|Gross Rental Yield Percent||3.53%||N/A|