Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
RENTS FOR TWO- and three-bedroom homes close to new Luas cross-city stops rose by 21% over the last year, according to new research from Daft.ie.
That’s compared to a 17% increase in average rents for homes on existing routes.
The 2017 Dart & Luas stop-by-stop rental price maps analysed the average rental prices for properties close to each of the 125 stops and stations in Dublin.
The figures are average rental prices for two- and three-bed properties controlling for time, size and type for each of the stations. The sample of properties for rent comes from the period between January and November 2017.
It found that commuters living on the Dublin coastline pay the most on average, with rents close to the Sandymount Dart averaging €2,274 per month.
Sandymount was also the most expensive area to buy a house according to Daft.ie research earlier this week on house prices close to Dart and Luas lines.
Overall, rents near Dart stations are among the most expensive with Pearse (€2,174), Lansdowne Road (€2,141) and Dalkey (€2,135) accounting for four of the top five most expensive stations to live by.
On the Luas, homes close to Spencer Dock on the red line command the highest average rents (€2,212), while those living close to the Charlemont stop (€2,042) pay most on the Luas green line.
Daft.ie also analysed the average rents for each stop on the new Luas cross-city line, which opened on Saturday.
Properties close to the new Dawson, Trinity and Westmoreland stops came out on top, with average monthly rents of €1,968.
Again, this echoed the house price research in which the same three stops came out on top, with average asking prices of €519,000.
Commenting on the figures, Ronan Lyons, economist at Trinity College Dublin said, “As with properties for sale, it is clear that the new cross-city Luas stops have the potential to rejuvenate parts of the city previously poorly served by light rail.
This can be seen in today’s rental figures for each station, with rents for two and three-bedroom homes rising by more, closer to the Cross-city stations than other stations, over the past year.
Martin Clancy from Daft.ie said: “What is interesting is that while the Dart has the highest rents for individual stations, the Luas green line and Cross-city have the highest average rents across all stops (both €1,770) with Luas green and cross-city line commuters paying a premium of €170 on average per month compared to the average rent on the red line (€1,600).”
To embed this post, copy the code below on your site
I particularly liked the bit where the senile, multi millionaire communist claimed he would completely disregard the US constitution and interfere with the judiciary in an unprecedented manner. #berniebro
@winston smith: Sounds more like Trump than Bernie.
Biden, Sanders, Warren, Harris and Buttigieg…the point of the rest is what exactly?
@G Manning: the same as every one else there – to hoor themselves by proposing particular bills in exchange for large sums of money.
@Cormac Ó Braonáin: u think that applies to Sanders and Warren?
@G Manning: very possibly Warren. Sanders though would be the exception to the American system…and that’s why he’ll never get in.
@Cormac Ó Braonáin: Tulsi Gabbard got her cards marked by telling the truth about 911. The Saudis were behind it, not Iraq, Iran, Syria etc. The puppets pulling the strings can’t allow her airtime so she is sidelined and her profile cannot be raised. Free press my backside.
@Cal Mooney: can you possibly think of any other reason why she’s not doing so hot???
@Cal Mooney: She’s not recieving as much coverage as Warren or Biden which is sad. She would be great for a new US foreign policy especially in the middle east. But with the various lobby groups throwing their weight around for foreign intrests, Gabbard has little hope unfortunately
@The decline of Manchester United: think the homophobia may have something to do with that?
@G Manning: Your the problem with the left today. She’s the only proper anti war candidate, you know trying to stop hundreds of thousands of third world families being murdered in their homes. All you care about is a possible perceived homophobia allegation.
She was a naive 21 year old when she made those comments, which she’s since disavowed. Admitting she was wrong should stand to her, but somehow doesn’t.
There making life a lot easier for the GOP
@Daithi Ó Raghallaigh: Why?
By speaking in coherent sentences?
@Bob Earner:
Were there any stations showing the debate in English? Lol
Why are they all hounding Biden about his age 76 when Sanders is 77 ? A bit strange
@Declan Moran: Biden is the main threat
Go home Joe
Your top line is wrong there’s 20 running not 10, however the debate had only 10 people on it
@Ian T Boyle: they had the token debate on the night before with the other 10. Harris is an outsider but gaining a lot of traction here in the States. Ultimately it will boil down to who will have the best rhetoric to beat Trump not the best candidate for the job
Biden is a clown. It’s his 3rd time running for president. Get the picture Joe
What a pack of dullards- Trump has nothing to fear in 2020.
Biden is a sucker for punishment . At 76 years of age when he should be enjoying his golden years. If he was ever going to be potus he would have done it by now.
@Bill ORourke: I agree. Biden has had a life with great tragedy, he should relax in his retirement.
FFS. Where’s Tulsi Gabbard? America still not ready for an honest competent president?
Any comments on his creepy demeanor towards women and children
have your say