JDRF - Spin to Cure Diabetes


It's on again! Last year Jock Gilbert Real Estate entered their inaugural team for the Spin to Cure event to support the Juvenile Diabetes Research Foundation (JDRF).

We're back again for this year's event on April 23rd in Rundle Mall.

The Spin to Cure Diabetes is an outdoor stationary bicycle competition. Each team, made up of five people, must "spin" for 40 minutes in a stationary "race" to see who can rack up the most mileage. Each team member has only 8 minutes to spin as hard and as fast as they can with the team that spins the furthest declared the winner.

To help JDRF find a cure for type 1 diabetes, you can make a donation online. No matter how large or small, your gift will help JDRF continue to move research from the laboratory through to a clinical reality for the 140,000 Australians currently living with type 1 diabetes.


For more information on the event and to find out how you can help please visit www.jdrf.org.au/spin

We're the biggest!

Travelling around the globe Australia came out on top when it comes to the size of our homes. In 2009 the average size in square metres of new homes in Australia was 214.9sqm. New Zealand 196.2sqm - Greece 1126sqm - Italy 81.5 - UK 76.2sqm.

Source The Weekend Australian, Feb 20 2010

Toorak Gardens - highest median rent in 2009

The median rent in Toorak Gardens in 2009 was $580 per week - almost $100 more than the year before and the highest in the state. Henley Beach South had the next highest median rent of $550 while other eastern suburbs, Wattle Park, Millswood, Dulwich and Rose Park were close behind.

The cheapest weekly rent in both 2008 and 2009 was paid in Elizabeth.

Rental stock levels rose in 2009 due to the first home owners grant causing renters to leave the rental market and buy their first home.

Source The Advertiser, Feb 17 2010

Happy New Year

2009 - National Property Picture


National property values were up 10 percent over the first 10 months of the year. However the number of transactions are down even though demand for property is growing thanks to record population growth and improved confidence in the broader economy.

Outlook for 2010

- fairly upbeat
- expect investor and 'upgrader' numbers to continue to improve
- consumer confidence remains high
- medium to long term growth prospects remain healthy

Jock Gilbert gives a market update as the concern grows over the national economy.

Adelaide continues to display the stability in real estate prices for which it is well known. The first home buyer and unit sector remains strong, while other sectors are selling but with longer days on market.

Vendors selling can be safe in the knowledge that they have made significant capital gains in the last few years. Vendors who have recently purchased and are now selling are doing so on an even playing field.

Statistics are showing that the vacancy rental rate for properties is now approaching 3%. At Jock Gilbert Real Estate the vacancy rate is .5%, showing that well maintained and managed properties are still renting out well.

All the data is telling us there are challenging times ahead. With sound judgment and management of the marketing process properties are still achieving good prices. Auction is still a good market option where the property is likely to attract strong interest, as was the case with a recent auction sale which had 14 registered bidders and sold well.

Until next time….