Irish Residential Property prices have increased by 40% in the last 5 years.
The average residential property price is now €230,000, which is still less the average price is 2007 of €370,000 but a 40% increase on 2012 average price of €165,000.
The cheapest place to buy a house in Ireland is Longford with an average property price of €116,843. South County Dublin still remains the most expensive location to buy a property in Ireland and has retained the number one spot with an average property price of €548,008.
The top five most expensive locations are all located within South Dublin, which include Sandycove, Foxrock, Mount Merrion, Dalkey and Sandymount, ranging from an average price of €787,000 to €629,000.
The average price for a residential property in Dublin 18 is €439,707 and Dublin 18 has remained in seventh place on the overall area ranking.
With supply still limited and demand strong all domestic economic factors point to continued increasing values for the next few years
If you are interested in investing in Ireland Real Estate contact us today at [email protected]
Full details of average prices in Ireland see Daft Wealth Report