Tuesday 21 November 2017

Dublin 3 (Clontarf only): Clontarf is streets ahead in D3

26 Mount Prospect Avenue in Clontarf went for €895,000 last January
26 Mount Prospect Avenue in Clontarf went for €895,000 last January

Clontarf has always been one of the capital’s most sought-after locations due to its seafront aspect, proximity to the city centre, good public transport, access to the major northside hospitals and the airport.

Attractions include the promenade, Dollymount beach and nature reserve, and St Anne’s Park, with its famous rose garden.  Sports clubs cover golf, rugby, cricket, GAA, tennis and sailing.

The area has a good choice of schools, and Clontarf village now has an eclectic café culture with restaurants and bars, as well as a good range of specialty shops.

Housing stock includes everything from Georgian and Victorian period homes, to Art Deco-style houses, and traditional homes built in the 1930s and 1950s, as well as more modern properties.

Paul Menton of Quillsen says volume of transactions is down on 2015, from 218 to 165 in 2016.  “Buyers were very focused, they knew what they wanted and viewed quickly.”

Menton notes that a greater proportion of viewers than in previous years were in a position to make offers. “They had loan approval, if they were first-time buyers, and if they were trader-uppers or downsizers they had their own house sold and were living in rented accommodation. They were in a positon to jump.

“The majority of sales were agreed quickly, but delays came with conveyancing. Everything is so squeaky clean now, and you have to factor in land registration and surveyors dotting their ‘i’s and crossing their ‘t’s, as they lay themselves open to being sued in the future if they get anything wrong.”

Menton confirms the enduring popularity and desirability of 1930s and 1950s four-bed semis on The Stiles Road and other established roads in Clontarf, with prices ranging from €760k for a house in poor condition to €900k for one in good condition.

One particularly charming semi-detached house in Mount Prospect made €1.05m, says Menton, and he reports “a handsome house” on Castle Avenue making €2.1m, and a large detached house with a big garden on Seafield Road achieving €1.3m, “despite needing lots of work”.

Three-bed semis in Mount Prospect Grove, Park and Drive, and Dunluce, were making in the region of €550k.

Towards the end of 2016, Menton noticed a surge in interest in apartments. “There are so many factors outside of Ireland influencing prices here that it would be imprudent to think that they will increase dramatically during 2017.” He is predicting growth of 4pc in 2017.

Irish Independent

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