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 November 2025, Jacobs Well's population is estimated at around 3,563, reflecting an increase of 681 people since the 2021 Census. The population was reported as 2,882 in the 2021 Census. This increase represents a growth rate of approximately 23.6%, which exceeds both the non-metro area's growth rate of 8.8% and the national average. The estimated resident population (ERP) for Jacobs Well was 3,443 as of June 2024, according to AreaSearch's analysis of the latest ABS ERP data release. This estimate includes an additional 122 validated new addresses since the Census date. The current population density in Jacobs Well is approximately 262 persons per square kilometer.

Interstate migration contributed around 85% of overall population gains during recent periods, with other factors such as natural growth and overseas migration also being positive influences. AreaSearch uses 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 from 2023 based on 2021 data are adopted. It is noted that these state projections do not provide age category splits, so proportional growth weightings in line with ABS Greater Capital Region projections released in 2023 and based on 2022 data are applied where utilized. Future population trends predict exceptional growth for Jacobs Well, placing it in the top 10 percent of regional areas across Australia. By 2041, the suburb is expected to expand by approximately 1,752 persons, reflecting a gain of around 43.6% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers indicates Jacobs Well has received around 50 dwelling approvals per year on average over the past five financial years, totalling an estimated 252 homes. As of FY-26, 17 approvals have been recorded. Each dwelling built between FY-21 and FY-25 resulted in an average of 3 new residents per year, suggesting healthy demand supporting property values.

The average construction cost value for new homes was $732,000, slightly above the regional average. Jacobs Well has seen 79.0% more building activity per person compared to the Rest of Qld, offering ample choice to buyers despite recent easing in construction activity. This high level of activity reflects strong developer confidence in the area. Recent construction comprised 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 97 people per dwelling approval. AreaSearch projects Jacobs Well to grow by 1,552 residents through to 2041, with development keeping pace with projected growth despite increasing competition among buyers as the population expands.

Looking ahead, Jacobs Well is expected to grow by 1,552 residents through to 2041 (from the latest AreaSearch quarterly estimate). Development is keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

Jacobs Well has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

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

Employment conditions in Jacobs Well demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Jacobs Well has a diverse workforce with both white and blue collar jobs. The construction sector is prominent, with an unemployment rate of 2.8% and employment growth of 2.1% in the past year, according to AreaSearch data aggregation.

As of June 2025, 1,920 residents are employed, while the unemployment rate is 1.1% lower than Rest of Qld's rate of 3.9%. Workforce participation in Jacobs Well is high at 68.2%, compared to Rest of Qld's 59.1%. The leading employment industries among residents are construction, health care & social assistance, and manufacturing. Construction is particularly specialized with an employment share twice the regional level.

However, health care & social assistance is under-represented, with only 10.1% of Jacobs Well's workforce compared to 16.1% in Rest of Qld. Employment opportunities locally may be limited, as indicated by the Census working population count versus resident population. In the year to June 2025, employment levels increased by 2.1%, and labour force grew by 1.9%, leading to a slight decrease in unemployment. This contrasts with Rest of Qld where employment grew by 1.8% and unemployment rose slightly. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest that Jacobs Well's employment should increase by 6.0% over five years and 12.4% over ten years, based on industry-specific projections applied to the local employment mix.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Jacobs Well had a median taxpayer income of $59,280 and an average of $68,934 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is higher than the national average, contrasting with Rest of Qld's median income of $50,780 and average income of $64,844. As of September 2025, estimated median income would be approximately $67,573 and average income $78,578, based on a 13.99% Wage Price Index growth since financial year 2022. Census data shows household, family, and personal incomes in Jacobs Well cluster around the 71st percentile nationally. The $1,500 - 2,999 earnings band captures 37.9% of the community (1,350 individuals), reflecting regional patterns where 31.7% similarly occupy this range. High housing costs consume 16.2% of income, but strong earnings place disposable income at the 73rd percentile. 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% being semi-detached, apartments, or other types. This contrasts with Non-Metro Qld's 80.5% houses and 19.4% other dwellings. Jacobs Well had a home ownership rate of 29.2%, with mortgaged dwellings at 56.6% and rented ones at 14.2%. The median monthly mortgage repayment in the area was $2,141, compared to Non-Metro Qld's average of $2,000. Weekly rent median figure for Jacobs Well was $465, whereas Non-Metro Qld's average was $450. Nationally, Jacobs Well's mortgage repayments were higher at $2,141 against 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 account for 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 making up 2.2% of the total. 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 Australia's average of 30.4%. Bachelor degrees are the 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, 7.7% in secondary, and 3.1% in tertiary education.

Schools appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.

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 within the area. These stops serve a mix of bus routes, with one individual route being serviced by each stop 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.

The service frequency averages 25 trips per day across all routes, 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 seen across both young and old age groups at a fairly standard level. The rate of private health cover is high, at approximately 55% (1,942 people), compared to 52.3% in the rest of Queensland.

The most common medical conditions are arthritis and asthma, affecting 8.9 and 7.2% of residents respectively, while 69.5% declare themselves completely clear of medical ailments, compared to 71.6% in the rest of Queensland. Jacobs Well has 15.0% (534 people) of residents aged 65 and over, higher than the 12.0% in the rest of Queensland, broadly aligning 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 score below average, with 87.2% of its population being Australian citizens, 79.6% born in Australia, and 95.6% speaking English only at home. Christianity was the predominant religion in Jacobs Well, accounting for 48.9% of the population, compared to 46.0% across the rest of Queensland. The top three ancestry groups were English (31.7%), Australian (28.1%), and Scottish (8.1%).

Notably, New Zealanders made up 1.9%, Maori 1.5%, and Hungarians 0.4% of Jacobs Well's population, while regionally these figures stood at 1.9%, 2.9%, and 0.3% respectively.

Jacobs Well hosts an older demographic, ranking in the top quartile nationwide

The median age in Jacobs Well was 41 years in the 2021 Census, matching Rest of Queensland's average and being somewhat older than Australia's average of 38 years. Compared to Rest of Qld, Jacobs Well had a higher proportion of residents aged 45-54 (14.5%) but fewer residents aged 75-84 (4.1%). Between the 2016 Census and the 2021 Census, the median age decreased by one year from 42 to 41 years, indicating a shift towards a younger demographic. The population aged 15-24 grew from 9.6% to 12.5%, while the proportion of residents aged 45-54 decreased from 16.2% to 14.5% and those aged 55-64 dropped from 15.2% to 13.9%. Demographic projections suggest that Jacobs Well's age profile will significantly change by 2041, with the 45-54 age cohort projected to increase markedly, adding 270 people (a 52% increase) from 516 to 787 residents.