Property investors who have had real estate in Jacobs Well, 4208 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.36%
Taking the average capital gain, or increase in median house value, Jacobs Well,4208 has racked up an average of 7.36% over the period. This ranks it number 2312th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Jacobs Well should be aiming for at least -4.18% off the asking price, which is the average vendor discount being achieved at the moment.
At number 948 in a list of fastest selling suburbs, Jacobs Well is in the TOP 30% of suburbs in Australia with an average of days on market 52.37 for properties listed there.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 2.40%, investors should hope to achieve an overall return of 5.23%