Ireland: First-time buyers could pay as much as €520,000 for houses in one part of Dublin, new report finds - - PressFrom - United Kingdom
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Ireland First-time buyers could pay as much as €520,000 for houses in one part of Dublin, new report finds

12:45  13 november  2019
12:45  13 november  2019 Source:   dublinlive.ie

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FIRST - time buyers in Dublin are now typically forking out € 50, 000 for a deposit for a home according to a Central Bank report . Young couples are finding it harder to scrape together money for a house depositCredit: Getty Images. In 2013, the average deposit for a Dublin home was € 30, 000 .

Dublin city © Catalyst Images Dublin city

First-time buyers could pay well over €500,000 if they want to live in one particular part of Dublin, a new report has revealed.

The average price of a home in the capital for a first-time buyer is €375,000 according to the Economic and Social Research Institute.

a sign on a pole on a city street © Provided by Reach Publishing Services Limited And if you are looking for a property in Dún Laoghaire-Rathdown, you may have to fork out as much €520,000 - a staggering amount that is 57% higher than in the Fingal area.

First-time buyer couples in Dublin, Wicklow, Meath and Kildare who earn an average income pay around 30% of their wages on their mortgage according to the report.

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Tips for First - Time Buyers . With the median price for a Manhattan apartment nearing the $ 1 million With that in mind, Mr. Harkov recommends buyers wait until the Monday following the open house to submit After the first free report , you can sign up for a monthly subscription ranging from .95 to

With news breaking of buyers camping outside properties to secure a viewing, it’s a tough time to Apartments and smaller houses in the north inner city trifecta start at around € 185, 000 with over 20 Expect to pay in the range of € 225, 000 for an apartment in Timbermill while house prices range from

On the other end of the scale, first-timers can get their hands on the keys of a Longford house for as little as €116,000.

Dublin city © Catalyst Images Dublin city The report also outlined that couples in Cork County had an annual income in 2018 which was almost €10,000 higher than a couple in Cork city.

Also, the annual income of a first-time buyer couple in Galway county is €43,112 compared to almost €60,000 in the city of the Tribesmen.

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