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File Eamonn Farrell/RollingNews.ie

The average house price is lower than €250,000 in just TWO Dublin postcodes

The county with the lowest average house price was Longford at €101,587.

JUST TWO DUBLIN postcodes have an average house price that is below a quarter of a million euro.

That is the finding of the latest GeoDirectory report, a joint venture by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings.

While the national average house price in the 12 months to April this year was €273,206, with Dublin excluded, that falls to €198,906.

In the capital, the average price of a house is €413,891. However, in just two areas of Dublin – Dublin 10 and Dublin 17 – can you expect to pay an average of less than €250,000.

The county with the lowest average house price was Longford at €101,587, almost 50% below the national average price excluding Dublin.

The report also shows that despite housing demand, the average vacancy rate stands at 4.8%, down just 0.1 percentage point on last year. Leitrim registered the highest residential vacancy rate in the country at 15.9%. Dublin, Kildare, Meath and Wicklow recorded the lowest percentages of vacant units in the country, at rates between 0.9 and 3.5%.

The report found that 9,251 buildings are currently under construction, a rise of 55%.

Dara Keogh, CEO, GeoDirectory said:

“The twelve months to June 2018 saw a significant increase in terms of residential construction activity.

The report shows that the vast majority of this activity is taking place in Dublin and surrounding counties. However, despite this increase, house prices in urban and commuter counties continue to rise, showing us that demand is still outweighing supply by a great deal.

The report shows that there were 1,983,715 residential dwellings in Ireland in June 2018. Out of this total, detached dwellings accounted for the largest share at 34.8%, followed by terraced dwellings (27.6%) and semi-detached dwellings (24.3%). There are 180,741 apartments in the country, representing 9.1% of the overall total.

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    Mute Jimmyjoe Wallace
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    Jan 2nd 2017, 9:31 PM

    I’ve been loving you a long time Down all the years, down all the days And I’ve cried for all your troubles Smiled at your funny little ways We watched our friends grow up together And we saw them as they fell Some of them fell into Heaven Some of them fell into Hell

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    Mute Padraig Piarais Mac AnTsaoir
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    Jan 2nd 2017, 10:07 PM

    @Jimmyjoe Wallace: Why would anyone redthumb that, some of the greatest lyrics of this or any other century.

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    Mute Jimmyjoe Wallace
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    Jan 2nd 2017, 10:09 PM

    It sure is Padraig, and I thought is was apt under the circumstances.

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    Mute Brown Boots
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    Jan 2nd 2017, 11:04 PM

    Well played Jimmy… And a sad loss. Hope to see Shane back in action soon

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    Mute Dave O Keeffe
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    Jan 3rd 2017, 4:28 AM

    Are the lyrics from this century though?

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    Mute Mary Murphy
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    Jan 2nd 2017, 9:08 PM

    Shane bless you in the day ahead. Your Mam is now your wing person. So sorry for you loss

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    Mute FlopFlipU
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    Jan 2nd 2017, 8:51 PM

    RIP not a great start to the year

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    Mute winston smith
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    Jan 2nd 2017, 10:11 PM

    From the newspaper photo he is the image of his mother. Sad time.

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    Mute Derek Hughes
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    Jan 3rd 2017, 1:44 AM

    Shane has given a lot of joy and happiness to me and untold numbers of others through his music and talent. He is his mother’s son. May God comfort him at this difficult time. Shane may you be blessed and comforted secure in the knowledge, that our support is a drop in the ocean when compared with the gifts you and your Mum have shared with us. May she Rest In Peace.

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    Mute Jamie McCormack
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    Jan 3rd 2017, 1:02 AM

    Awful tragedy. The headlines splashed across the tabloids today were nothing short of disgusting.

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    Mute Linda Hughes
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    Jan 3rd 2017, 1:29 AM

    So sad Rip x

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