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This Is How Much It Now Costs To Buy A House Beside Every DART And Luas Stop

By James Fenton

December 11, 2017 at 9:32am


A new report has indicated that prices for three-bedroom homes along the new Luas line have risen by 15% in the past year. 

The three most expensive stops along the cross-city line which opened on Saturday are Dawson (€519k), Trinity (€519k) and Westmoreland (€519k). The sample of comes from the period between January and November 2017.

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Taking in the whole Luas network, the most three most expensive stops are all on the green line, namely Beechwood (€727k), Ranelagh (€682k) and Charlemont (€666k). 

The priciest red line stops are Spencer Dock (€597k), Mayor Square (€562k) and Jervis (€518k).

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Topping the list on the DART Northside and Southside respectively are Malahide (€546k) and Sandymount (€784k).

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Commenting on the figures, Ronan Lyons,economist at Trinity College Dublin said:

“It is well known that transport infrastructure can have a big impact on property values. Over the last 20 years, Ireland has added lots of new infrastructure, including motorways and the DART. 

"The opening of the cross-city Luas has clearly added value in the areas newly served by light rail: three-bed homes near the new Luas stations saw their values increase by 15% over the last year, compared to a 6% increase in similar homes near other rail stations. Whether the taxpayer gets some payback, however, is down to the Government.”

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(all pics:

READ NEXT: The New Luas Line Opened Today And People Are Fairly Chuffed


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