Friday 6 December 2019

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

35 Philipsburgh Ave, Fairview, sold for €393,000 last May
35 Philipsburgh Ave, Fairview, sold for €393,000 last May

First-time buyers focus on Fairview and Marino, with Marino's ex-Corporation houses ranging in price from €360,000 to €505,000. In North Strand, Ballybough and East Wall, houses that would cost €550k elsewhere in Dublin 3 can still be bought for around €300k.

"The Google workers are pushing prices up throughout Dublin 3," says Paul Menton of Quillsen.

"We are finding that European buyers are drawn to these properties because of convenience, particularly to the East Point business park, the 3Arena and the Dart. They'd live on O'Connell Street if they could!"

The housing stock in Dublin 3 does not include several types seen in other postcodes, notably four-bed semi-detached houses, four- and five-bedroom detached homes and bungalows.

Some home-owners have difficulty securing flood insurance and this is factored into price.

It may explain why certain property types increased substantially during 2016, while others showed more modest increases.

Irish Independent

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