Lot 8 - 850sqm - SOLD
The Development of PELICAN PLACE is providing just eight fortunate parties the opportunity to
"Spread their Wings" on a massive 850sqm, flat housing block for $A550,000 -providing a
PELICAN PLACE has been specifically-created with families in mind and to provide an
opportunity to cement their position in the market with a large, well-positioned, quality
investment they can proudly call their own.
The eight blocks are more than double the size of many others being marketed in other
developments in the area and, in the majority of instances, for less money!
The PELICAN PLACE project sits just streets from the heart of Jacobs Well which is a small
waterside village offering wonderful amenities and an unmatched community spirit in one of the
great regions of the world.
The size of Jacobs Well is approximately 13.7 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Jacobs Well in 2016 was 1839 people. By 2021 the population was 2882 showing a population growth of 56.7% in the area during that time. The predominant age group in Jacobs Well is 50-59 years. Households in Jacobs Well are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jacobs Well work in a trades occupation.In 2021, 83.50% of the homes in Jacobs Well were owner-occupied compared with 76.70% in 2016.
Jacobs Well has 1,657 properties. Over the last 5 years, Houses in Jacobs Well have seen a 98.14% increase in median value, while Units have seen a 21.53% increase. As at 31 March 2026:
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