Saturday 21 April 2018

Price Guide: Dublin City Centre

The Customs House overlooking the River Liffey
The Customs House overlooking the River Liffey

A decline of 10pc in average second-hand prices since last April is seen as a fair reflection of recent trends in Dublin City Centre.

While the latest survey indicates higher levels for new apartments and townhouses, this may be due to an adjustment to reflect input in more recent sales from a wider range of locations and quality homes.

Four-bedroom semi-detached houses are down 21pc and fourand five-bedroom detached houses are down 22pc and 30pc respectively. Local agents have mixed views about activity since April, with a majority reporting increased activity thanks to the release of pent-up demand, while others noticed little change.

However, buyers are unwilling to compromise, as one agent commented, “. . . buyers expect value for money, but they also expect good design, space, light, parking, storage space, energy efficiency etc. In short, they want it all.”

There is a growing requirement for two-bedroom apartments in prime locations between the Grand Canal and The Liffey. Three-bedroom houses can sell relatively quickly where vendors are willing to accept realistic prices. These include both townhouses and semi-detached houses and supply of these property types is under pressure.

New One-Bedroom Apartment

August 2010: €196,700

April 2010: €150,000

Peak Price: €290,000

Change Aug v Apr: 31pc

Change Aug 2010 v Peak: -32pc

Second-hand One-Bedroom Apartment

August 2010: €191,300

April 2010: €230,000

Peak Price: €400,000

Change Aug v Apr: -17pc

Change Aug 2010 v Peak: -52pc

New Two-Bedroom Apartment

August 2010: €284,200

April 2010: €225,000

Peak Price: €450,000 Change Aug v Apr: 26pc

Change Aug 2010 v Peak: -37pc

Second-hand Two-Bedroom Apartment

August 2010: €300,000

April 2010: €320,000

Peak Price: €700,000

Change Aug v Apr: -6pc

Change Aug 2010 v Peak: -57pc

New Two-Bedroom Townhouse

August 2010: €343,000

April 2010: €265,000

Peak Price: €430,000

Change Aug v Apr: 29pc

Change Aug 2010 v Peak: -20pc

Second-hand Two-Bedroom Townhouse

August 2010: €357,500

April 2010: €350,000

Peak Price: €800,000

Change Aug v Apr: 2pc

Change Aug 2010 v Peak: -55pc

New Three-Bedroom Townhouse

August 2010: €386,000

April 2010: €285,000

Peak Price: €500,000

Change Aug v Apr: 35pc

Change Aug 2010 v Peak: -23pc

Second-hand Three-Bedroom Townhouse

August 2010: €403,800

April 2010: €400,000

Peak Price: €850,000

Change Aug v Apr: 1pc

Change Aug 2010 v Peak: -52pc

New Three-Bedroom Semi-d

August 2010: n.a.

April 2010: €290,000

Peak Price: €525,000

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Three-Bedroom Semi-d

August 2010: €471,700

April 2010: €530,000

Peak Price: €1,000,000

Change Aug v Apr: -11pc

Change Aug 2010 v Peak: -53pc

New Four-Bedroom Semi-d

August 2010: n.a.

April 2010: €330,000

Peak Price: €600,000

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Four-Bedroom Semi-d

August 2010: €591,700

April 2010: €750,000

Peak Price: €1,500,000

Change Aug v Apr: -21pc

Change Aug 2010 v Peak: -61pc

New Four-Bedroom Detached

August 2010: n.a.

April 2010: €390,000

Peak Price: €700,000

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Four-Bedroom Detached

August 2010: €783,300

April 2010: €1,000,000

Peak Price: €2,000,000

Change Aug v Apr: -22pc

Change Aug 2010 v Peak: -61pc

New Five-Bedroom Detached

August 2010: n.a.

April 2010: €500,000

Peak Price: €900,000

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Five-Bedroom Detached

August 2010: €876,700

April 2010: €1,250,000

Peak Price: €2,000,000

Change Aug v Apr: -30pc

Change Aug 2010 v Peak: -56pc

Irish Independent

Life Newsletter

Our digest of the week's juiciest lifestyle titbits.

Editors Choice

Also in Life