Weekend Auction Markets Experience Listing Surge
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Weekend Auction Markets Experience Listing Surge

The national clearance rate fell to its lowest figure since August.

By Kanebridge News
Mon, Nov 15, 2021 10:18amGrey Clock 2 min

The high and rising volumes of late spring listings have forced the national clearance rate to 78.6% — the lowest result since August – and well below the previous weekend’s 83.8%.

National auction numbers were up to 2572 from the previous weekend’s 2463 and well ahead of the 1413 auctioned over the same weekend last year.

Auction listings have now increased nationally over the past seven weekends as the usually busy spring selling season has been amplified by the loosening of covid restrictions in Sydney, Melbourne and Canberra.

Sydney saw the market steady with a clearance rate of 77.8% at the weekend. The result was similar to the previous weekend’s 76.1% but again lower than the 78.4% recorded over the same weekend last year.

A total of 988 homes were listed for auction on Saturday – similar to the previous weekend’s 994 but again well ahead of the 760 auctioned over the same weekend last year.

Sydney recorded a median price of $1,780,000 for houses sold at auction at the weekend compared to the $1,777,500 reported over the previous Saturday but 22.8% higher than the $1,450,000 recorded over the same weekend last year.

Melbourne fared similarly to Sydney with a clearance rate of 77.7% — up on the previous weekend’s 76.5% and also higher than the 73.8% recorded over the same weekend last year.

The higher clearance rate was reported despite a surge in listings with 1206 homes listed for auction at the weekend – well above the 1095 reported over the previous weekend and significantly higher than the 494 auctioned over the same weekend last year.

Melbourne recorded a median price of $1,080,000 for houses sold at auction at the weekend which was higher than the $1,065,000 recorded over the previous weekend and 13.7% higher than the $950,025 recorded over the same weekend last year.

Data powered by Dr Andrew Wilson, My Housing Market.

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Jim Carrey Lists L.A. Home of Nearly 30 Years for $28.9 Million

The actor says the ranch-style Brentwood property has been a ‘place of enchantment and inspiration’

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Wed, Feb 8, 2023 2 min

Actor Jim Carrey is putting his Los Angeles home of nearly 30 years on the market for $28.9 million.

Mr. Carrey, who was born in Canada, bought the ranch-style Brentwood home in 1994, around the time of the release of his first major movie hit, “Ace Ventura: Pet Detective.” It wasn’t clear how much he paid.

In a statement, Mr. Carrey said the property had been “a place of enchantment and inspiration” to him over “30 very creative and prosperous years.”

“Every night the owls sang me lullabies and every morning I sipped my cup of joe with the hawks and hummingbirds, under a giant grandfather pine,” he said.

The roughly 12,700-square-foot estate includes a five-bedroom main house with a traditional brick facade and contemporary interiors, according to listing agent Janelle Friedman of Sotheby’s International Realty. Spanning about 2 acres, the property has a gym, a tennis court, a waterfall pool and spa, and a pool house with a sauna and steam room. There is also a dedicated outdoor yoga and meditation platform, she said.

The home is infused with elements of Mr. Carrey’s personality. A custom Art Deco-style home theatre, complete with mohair-covered sofas, burl wood columns and a snack area, features costumes from Mr. Carrey’s films in glass cases on the walls. They include a set of blue overalls from “The Cable Guy” and the Santa Claus costume from “The Grinch.” In an adjacent bar area, his Riddler costume from “Batman Forever” is on display, as well as some of his trophies from the MTV Movie & TV Awards.

The home’s neutral, understated aesthetic is punctuated by dramatic pops of colour, some of which are provided by Mr. Carrey’s own artwork: the actor is also a prolific painter who has gained recognition for his bold, graphic and colour-saturated pieces. On the lawn is “Ayla,” a sculpture by Mr. Carrey that depicts a nude woman peering through a picture frame. The art and mementos aren’t for sale with the house.

In the main house, the primary living space has pitched, beamed ceilings with skylights, while the living, dining and family rooms all have their own fireplaces. French doors throughout the home open to a large courtyard patio. The primary bedroom suite has its own sitting area, fireplace, and a covered balcony overlooking the property.

In a statement, Mr. Carrey said he is selling the property because he no longer spends as much time there. “I want someone else to enjoy it like I have,” he said, referencing a famous song by David Bowie: “Ch-ch-ch-changes!”

Mr. Carrey is best known for films like “The Mask,” “Dumb and Dumber” and “Liar Liar.” More recently, he has starred in the “Sonic the Hedgehog” film franchise.

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What this ‘median’ 7-figure price tag scores across Australia.

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