Jacobs Well

Jacobs Well lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

As of Nov 2025, the population of the Jacobs Well statistical area (Lv2) is estimated at around 3,708 people. This reflects an increase of 826 people since the 2021 Census, which reported a population of 2,882 people. The change was inferred from the resident population of 3,570 estimated by AreaSearch following examination of the latest ERP data release by the ABS (June 2024) and an additional 122 validated new addresses since the Census date. This level of population equates to a density ratio of 273 persons per square kilometer. The Jacobs Well (SA2) experienced a growth rate of 28.7% since the 2021 census, exceeding both the non-metro area's 8.8% and the national average. Interstate migration contributed approximately 85.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. Exceptional growth is predicted for the Jacobs Well (SA2) over the period from 2025 to 2041, with an expected expansion of 1,773 persons, reflecting a gain of 38.5% in total over the 17 years.

AreaSearch assessment of residential development activity positions Jacobs Well among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Jacobs Well shows approximately 50 dwelling approvals per year over the past five financial years, totalling an estimated 254 homes from FY-21 to FY-25. As of FY-26, 25 approvals have been recorded. Each new dwelling has resulted in an average of 2.9 new residents annually between FY-21 and FY-25, indicating strong demand that supports property values. The average construction cost value for new homes is $732,000, suggesting developers target the premium market segment with higher-end properties.

This financial year has seen $4.3 million in commercial approvals, reflecting Jacobs Well's residential character. Compared to the Rest of Qld, Jacobs Well has 80.0% more building activity per person, offering buyers ample choice, although recent construction activity has eased. This high level of activity is above the national average, indicating strong developer confidence in the area. Recent construction comprises 98.0% detached houses and 2.0% townhouses or apartments, maintaining Jacobs Well's low-density nature and attracting space-seeking buyers with an average of 81 people per dwelling approval. According to AreaSearch's latest quarterly estimate, Jacobs Well is expected to grow by 1,428 residents through to 2041.

Current development appears well-matched to future needs, supporting steady market conditions without extreme price pressure.

Jacobs Well has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified five projects expected to impact the area. Notable projects include Calypso Bay, Stapylton-Jacobs Well Road Upgrade, Pelican on Parade Estate, and Pelican Place Estate. The following list details those considered most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Jacobs Well ranks among the top 25% of areas assessed nationally for overall employment performance

Jacobs Well's workforce is balanced across white and blue-collar jobs. The construction sector stands out with a 2.9% unemployment rate and 2.7% employment growth in the past year, according to AreaSearch data aggregation.

As of September 2025, 1,959 residents are employed, with an unemployment rate at 1.2% below Rest of Qld's 4.1%. Workforce participation is high at 68.2%, compared to Rest of Qld's 59.1%. Leading industries include construction, health care & social assistance, and manufacturing. Construction is particularly specialized, with employment share twice the regional level.

Health care & social assistance, however, is under-represented at 10.1% compared to Rest of Qld's 16.1%. Limited local employment opportunities are indicated by Census data comparison. Between September 2024 and September 2025, employment levels increased by 2.7%, labour force by 2.4%, and unemployment fell by 0.2 percentage points. State-level data to 25-Nov shows QLD employment contracted by 0.01% with a 4.2% unemployment rate. National forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years, but local projections vary based on Jacobs Well's industry mix, suggesting potential growth of 6.0% over five years and 12.4% over ten years.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

The median taxpayer income in Jacobs Well is $59,280, with an average of $68,934, according to the latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This is slightly above the national average, contrasting with Rest of Qld's median income of $53,146 and average income of $66,593. Based on Wage Price Index growth of 9.91% since financial year 2023, estimates for September 2025 would be approximately $65,155 (median) and $75,765 (average). Census data shows that incomes in Jacobs Well cluster around the 71st percentile nationally. In terms of income distribution, 37.9% of individuals earn between $1,500 and $2,999, reflecting regional patterns where 31.7% occupy this range. High housing costs consume 16.2% of income, but strong earnings place disposable income at the 73rd percentile nationally. The area's SEIFA income ranking places it in the 6th decile.

Jacobs Well is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Jacobs Well, as per the latest Census evaluation, 98.9% of dwellings were houses, with the remaining 1.1% comprising semi-detached homes, apartments, and other types. This contrasts with Non-Metro Qld's figures of 80.5% houses and 19.4% other dwellings. Home ownership in Jacobs Well stood at 29.2%, with mortgaged properties at 56.6% and rented ones at 14.2%. The median monthly mortgage repayment was $2,141, exceeding Non-Metro Qld's average of $2,000. The median weekly rent in Jacobs Well was $465, compared to Non-Metro Qld's $450. Nationally, Jacobs Well's mortgage repayments were higher at $2,141 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

Jacobs Well features high concentrations of family households, with a lower-than-average median household size

Family households constitute 84.2% of all households, including 37.7% couples with children, 37.3% couples without children, and 8.5% single parent families. Non-family households comprise the remaining 15.8%, with lone person households at 13.4% and group households at 2.2%. The median household size is 2.7 people, which is smaller than the Rest of Qld average of 2.9.

Jacobs Well shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's university qualification rate is 13.8%, significantly lower than the Australian average of 30.4%. Bachelor degrees are most common at 10.1%, followed by postgraduate qualifications (2.4%) and graduate diplomas (1.3%). Vocational credentials are prevalent, with 46.5% of residents aged 15+ holding them, including advanced diplomas (11.8%) and certificates (34.7%). Educational participation is high at 25.7%, with 9.7% in primary education, 7.7% in secondary education, and 3.1% pursuing tertiary education.

Educational participation is notably high, with 25.7% of residents currently enrolled in formal education. This includes 9.7% in primary education, 7.7% in secondary education, and 3.1% pursuing tertiary education.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transport in Jacobs Well shows that there are currently ten active transport stops operating. These stops serve a mix of bus routes. A total of one individual route services these stops, collectively providing 181 weekly passenger trips.

The accessibility of transport is rated as good, with residents typically located 288 meters from the nearest transport stop. On average, service frequency across all routes is 25 trips per day, equating to approximately 18 weekly trips per individual stop.

Jacobs Well's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Health data shows positive outcomes for Jacobs Well residents, with common health conditions similar across age groups.

Private health cover is high at approximately 55%, covering around 2,021 people. The most prevalent medical conditions are arthritis and asthma, affecting 8.9% and 7.2% of residents respectively. A total of 69.5% report no medical ailments, compared to 71.6% in the rest of Queensland. Jacobs Well has a higher proportion of residents aged 65 and over at 15.1%, with 559 people falling into this category, compared to 12.0% in the rest of Queensland. This aligns broadly with the general population's health profile.

Jacobs Well ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Jacobs Well had a cultural diversity index below the average, with 87.2% citizens, 79.6% born in Australia, and 95.6% speaking English only at home. Christianity was the predominant religion, accounting for 48.9%, slightly higher than the Rest of Qld's 46.0%. The top three ancestry groups were English (31.7%), Australian (28.1%), and Scottish (8.1%).

Notably, New Zealanders made up 1.9% compared to the regional average of 1.9%, Maori comprised 1.5% versus the regional 2.9%, and Hungarians constituted 0.4% against the regional 0.3%.

Jacobs Well's median age exceeds the national pattern

The median age in Jacobs Well is 41 years, matching Rest of Qld's average and somewhat older than Australia's average of 38 years. Compared to Rest of Qld, Jacobs Well has a higher percentage of residents aged 45-54 (14.4%) but fewer residents aged 75-84 (4.1%). As per the 2021 Census, the median age in Jacobs Well decreased by 1 year from 42 to 41, indicating a shift towards a younger demographic. Key changes show that the percentage of the population aged 15-24 increased from 9.6% to 12.5%, while the percentages for those aged 45-54 and 55-64 decreased from 16.2% to 14.4% and 15.2% to 13.9% respectively. Demographic modeling suggests that Jacobs Well's age profile will significantly evolve by 2041, with the 45-54 age cohort projected to grow by 258 people (48%) from 533 to 792.