Property price register: €136.8m of property sold in Limerick so far this year

Maria Flannery

Reporter:

Maria Flannery

The property market alive and well: The Old Church, above, in Caherconlish, is one of the more unusual properties currently for sale in Limerick under De Courcy Estate Agents

The property market alive and well: The Old Church, above, in Caherconlish, is one of the more unusual properties currently for sale in Limerick under De Courcy Estate Agents

ALMOST €137m worth of residential property has been sold in Limerick city and county so far this year.

And most of the sales have been registered between March and June of 2018; a total of almost €86m passed hands during this period.

In 2017, a whopping €342.7m worth of property was sold, according to the figures obtained through the property price register.

The sales, a stark contrast from the amount of money handed for property in Limerick during the recession, reflect the current buoyant economy and higher property prices.

In 2014, just over €196m worth of property was sold in the city and county of Limerick.

A new survey by Real Estate Alliance (REA) found that the price of an average three-bed semi in Limerick city has risen by 8.1 percent to €200,000 in the last 12 months.

But prices have remained static between March and June of this year, said local agents.

The REA Average House Price Survey concentrates on the actual sale price of Ireland’s typical stock home - the three-bed semi - giving an up-to-date picture of the second hand property market.

“Demand is still strong but buyers remain price sensitive,” said Michael O’Connor of REA O’Connor Murphy in Limerick.

“A number of new developments are coming to market, and as supply improves market pressure reduces,” he added.

The price of the average three-bed semi in County Limerick rose by 7.1 percent to €150,000 in the last 12 months.

And between March and June, the prices increased by 0.7 percent in the county.

The average semi-detached house nationally now costs €232,441, the Q2 REA survey found – a rise of 1.5 percent on the Q1 figure of €229,111.

Overall, the average house price across the country rose by eight percent over the past 12 months – indicating that the market is continuing to steady after an 11.3 percent overall rise in 2017.

The country’s major cities outside Dublin recorded a combined Q2 rise of 1.5 percent, with an average three-bed semi costing €247,500.

The highest increases were seen in the rest of the country’s towns, which experienced a 2 percent rise in Q2 to an average of €153,094 – up €3,000 in 12 weeks.

Rents in Limerick city were actually down by 2.5 percent since late 2017, according to recent figures released by the RTB Rent Index.

But the 2018 Q1 rent for Limerick city is up on its equivalent figure from the start of 2017, showing an overall increase in the city since the same time last year.

The standardised average rent for new tenancies in County Limerick in the first quarter of this year was €884 — a year-on-year increase of €73.

Property price register:

€88,000 Church View, Sheares Street, Kilmallock

€90,000 Killanure, Brittas

€65,000 Main Street, Caherconlish

€60,000 ** Tullaha, Broadford, Charleville

€407,500 33 Bloomfield, Newtown, Annacotty

€265,000 Mount Carmel, Farranshone Rd

€130,000 4 Liscreagh, Murroe

€195,000 14 Mulcair Rd, Raheen

€240,000 18 Mungret Woods, Mungret

€65,000 St Dominic, 59 Lee Estate, Limerick

€315,000 Newcastle, Castletroy

€66,480 ** 46 Quinns Cottages, Rosbrien,

€272,500 Moanaviddoge, Oola

€87,500 Newtown, Bruff

€215,859 153 Kylemore, Schoolhouse Road, Monaleen

€135,000 16 Killeline Heights, Newcastle West

€42,500 197 Cratloe Wood Student Village, Old Cratloe Rd

€42,500 198 Cratloe Wood Student Village, Old Cratloe Rd

€62,500 27 Collins Ave, Kincora Park, Limerick

€95,000 Caherlevoy, Mountcollins

€258,480 219 Caislean na hAbhainn, Castletroy

€220,000 Castleroberts, Adare

€107,500 19 Chestnut Gardens, Boherbui, Newcastle West

€88,000 Springfield, Drom, Broadford

€180,000 14 Sheelin Rd, Caherdavin Park

€220,575 177 Kylemore, Schoolhouse Rd, Monaleen

€245,000 37 Greenview Close, Glencairin, Dooradoyle

€255,000 96 The Forts, Dooradoyle

€346,000 Apt 18 The Crescent, O’Connell Street

€100,000 Riddlestown, Rathkeale

€103,000 30 Lock Mills, Grove Island, Corbally

€95,000 24 Gortboy, Kilmallock

€190,000 51 The Strand, O’Callaghan Strand, Limerick

€361,233 3 Templeville, Punches Cross, Ballinacurra

€165,000 97 Cois Ghruda, Kilbane, Castletroy

€107,000 Apt 36 Parkview Hall, Dublin Rd, Rhebogue

€86,000 504 Mount Kennett, Mount Kennett Place, Dock Rd

€78,000 Apt 9, Chapel Court, Cathedral Place

€138,000 Grange, Knocklong

€60,000 5 Churchtown Rd, Newcastle West

€221,000 19 Daar Wood Crescent, Gortboy Rd, Newcastle West

€235,000 38 Shelbourne Park, Ennis Rd

€101,000 29 St Senans Terrace, Croom

€200,000 Banemore, Broadford

€299,560 212 Caislean na hAbhainn, Castletroy

€195,950 4 The Meadows, Ros Mor, Kilmallock Rd

€147,000 Kilcullane, Bruff

€70,000 ** 18 Glenstal Gate, Murroe

€70,000 ** 6 Glenstal Gate, Murroe

€140,000 Creeven Cottages, Main Street, Foynes

€90,000 Knockroue, Caherconlish

€57,500 1 Main Street, Glin

€132,000 18 Kilmurry Rd, Garryowen

€196,000 53 Ard Aulin, Mungret

€60,000 109 Richmond Court, Mount Kennett Place, Dock Rd

€166,000 152 Dooradoyle Park, Limerick

€96,000 ** 4 St Dympna’s Terrace, Mulgrave St

€106,000 Apt 29 Parkview Hall, Dublin Rd, Rhebogue

€150,000 Boarman's Hill, Murroe

€327,313 6 Templeville, Punches Cross

€55,000 207 Aviary House, Mount Kennett Place, Dock Rd

€255,506 221 Caislean Na hAbhainn, Castletroy

€55,000 44 Ballyclough Ave, Weston

€80,000 The Bungalow, Ballylanders, Kilmallock

€185,000 1 St Flannans Terrace, Castleconnell

€271,000 104 Oakfield, Fr Russell Rd, Raheen

€75,000 200 Cratloe Wood Student Village, Old Cratloe Rd

€110,000 17 Taits Corner, Glentworth St

€280,000 3 Knights Court, Newcastle West

€327,312 4 Templeville, Punches Cross, Ballinacurra

€145,000 Ballytrasna, Pallasgreen

€65,000 Apt 409 Mount Kennett Apts, Mount Kennett Place, Dock Rd

€334,801 4 Hawthorne Avenue, Evanwood, Castletroy

€220,000 80 Dooradoyle Park, Raheen

€120,000 Clontemple, Ballingarry

€76,000 Gortnaclohy, Ballagh, Newcastle West

€288,194 181 Kylemore, School House Road, Monaleen

€190,000 34 The Strand, O’Callaghan Strand, Limerick

€228,948 48 Oak Drive, Bloomfield, Annacotty

€235,000 6 Cella Row, Church Hill Meadows Raheen

€40,000 Morelstown, Kilmallock

€120,000 20 Ballantyne Place, Steamboat Quay, Limerick

€106,000 26 East Singland Rd, Garryowen

€140,000 29 Carrig Desmond, Newcastle West

€158,590 103 Arra View, Newcastle West

€288,194 180 Kylemore, School House Road, w

€225,000 89 The Strand, O’Callaghan Strand,

€64,500 ** 13 Br Clockhain Thuaidh, Garryowen

€80,000 Apt 1 Block D, Cherrydale, Dooradoyle

€220,000 11 The Hawthorns, Rossbane, Ballyagran

€198,237 1 The Meadows, Ros Mor, Kilmallock Rd

€61,877 Farnane, Cappamore

€60,000 82 High Road, Thomondgate

€185,000 165 Woodhaven, Castletroy

€145,000 10 Collinstown, Bruff

€70,000 9 Kilmurray Court, Garryowen

€223,000 133 Dooradoyle Park, Dooradoyle

€249,000 30 Lissadell Dr, Clareview, Limerick

€295,000 Church View, Adare

The ** represents that the figure is not the full market price for the property.