herald

Wednesday 18 October 2017

Demand high in Bono's patch but Tallaght's top of buyers' lists

In South county Dublin, Tallaght is the number one area to buy in.

Over the summer period, from July to September, 727 people made enquiries about homes there. No other town or village in south county Dublin received even half as much interest as Tallaght did.

The 727 buyers were after 128 properties, according to daft.ie. This translates to six parties bidding on each home. Over the same three-month period 52 properties sold in the area and there are currently around 119 for sale there.

The second hottest spot is Sandyford which has a large supply of apartments for sale - with a number of developments either half-finished or not completed at all.

The southside suburb saw 271 interested parties making enquiries over 46 properties. Between July and September, 24 properties sold here with 66 currently for sale.

The traditionally highly sought-after suburb of Blackrock is third in line in the demand stakes with 165 people making enquiries here. These parties were interested in 63 homes, meaning three people were bidding per property.

The seaside town saw 46 homes change hands compared to just 24 in Sandyford.

There are about 90 homes currently for sale in Blackrock.

Stillorgan and Shankill were also popular with prospective home-owners this summer.

There were 125 enquiries about 26 homes in Stillorgan while in Shankill there were 124 for 33 properties.

Carrickmines is where the bidding wars were at their most intense, however. Eighty parties were interested in seven homes here - meaning that, on average, 11 people fought it out per property.

In Glasthule, 39 people enquired about just five properties, ensuring competition was tough here also. Eight bidders took part in bidding wars per property in this seaside town.

Stepaside also had interest with 92 buyers making queries on 15 homes - averaging out at six bidders per home.

The least demand was recorded in the salubrious suburb of Sandycove where homes are priced in the millions.

Just two parties made calls on properties here between July and September 10. These two buyers were bidding on two properties, meaning they faced no bidding competition.

In another expensive south county Dublin suburb, Dalkey, demand was low, as prices here can reach the €10m mark, if not more. The heritage town saw 21 people make enquiries over 12 homes over the three-month period.

And in neighbouring Killiney, where prices come in at around the same mark, demand was slightly higher.

Forty parties went looking at 21 properties in Bono and Enya's neighbourhood. A surprise finding in south county Dublin was that Rathcoole saw steady demand with 89 buyers viewing 36 homes there.

Loughlinstown was also caught up in bidding wars of its own, with just three properties here sparking the interest of 20 buyers.

jfegan@herald.ie

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