Dublin 12 is a wide-ranging market with average house types going from as little as €150,000 to as much as €500,000 depending on location.
Most in demand are family and starter homes, so agent Johnnie Mullan sees any hike in deposit requirements by the Central Bank set to have a detrimental short-term effect on this market.
He noted however that the bulk of buyers have tended to have deposits of more than 20pc in many cases and lower loan-to-value ratios were the norm.
"These would be people renting a long while, maybe five or six years, and persuaded to buy last year after seeing 2013's growth," he says.
With much of the housing stock 50-100 years old, executor sales make up a large proportion of the sales book.
Supply is still a big problem and Mullan sees this pressure continuing for the foreseeable future.
There was good activity at viewings with 25/30 people turning up for first viewings up to July.
However this huge level of interest tailed off significantly after August but properties are now still achieving good prices with two or three solid bidders chasing in most cases.
Cash sales also fell off in the latter half last year and in this lower/middle price point market the Capital Gains Tax deadline had little impact. He also notes the growing shortage of rental stock, a dearth of which has helped pushed up prices here.
"There's a lack of decent units and many tenants are now being pushed into buying by recent increases in rent."
The rental market is very strong here and the biggest driver on ex-corporation houses. He cites a sample property selling at €200,000 with an investor yield of €1,300pm, but a buyer would only pay up to €900 for a mortgage on it, a saving of €400 a month.
"There's continued demand to buy as a result as long as that disconnect exists," says Mullan.
He anticipates growth of up to 10pc during 2015.