Close

Follow Lovin Dublin

  • Home /

  • Dublin /

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

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

Share:

A new Daft.ie 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.

Screen Shot 2017 12 11 At 09 14 56

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).

Screen Shot 2017 12 11 At 09 20 35
Screen Shot 2017 12 11 At 09 21 23

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

Screen Shot 2017 12 11 At 09 24 20
Screen Shot 2017 12 11 At 09 25 02

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.”

Screen Shot 2017 12 11 At 09 25 48

(all pics: Daft.ie)

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

Share:

Subscribe to our Newsletter

Get the best of your city straight to your inbox.

I'd like to receive news and exclusive offers from Lovin Dublin including competitions, products, commercial partners and activities. By submitting this form you agree to our T&Cs and our privacy policy