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Irish Commuters Pay Housing Premium for Living by Train Stops

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2015-12-04
According to Ireland property portal Daft.ie, commuters living on the Dublin coastline pay on average the most for a property, with homes close to the Sandymount DART averaging €727,000.

In fact, stations close to the coast occupy the most expensive slots with Dalkey (€690k), Sandycove & Glasthule (€671k), Salthill Monkstown (€658k) and Sydney Parade (€652k) completing a DART top five on the new Dublin Rail Map produced by Daft.ie.

Properties close to the Ranelagh LUAS station command the highest average price (€650,000) on the LUAS green line.  Meanwhile, those living in the City centre pay most on the LUAS red line with homes near the Spencer Dock stop averaging €573,000.

The figures shown are average asking prices for 3 bed semi-detached properties controlling for time, size and type for each of the stations on the DART & Luas lines. The sample of nearly 10,000 properties for sale comes from the 12-month period to the end of September 2015.

Most expensive (All Stations)
• Sandymount - €727k
• Dalkey - €690k
• Sandycove & Glasthule - €671k
• Salthill Monkstown - €658k
• Sydney Parade - €652k
LUAS Green Line
• Ranelagh - €650k
• Charlemont - €626k
• Beechwood - €615k
• Cowper - €614k
• Carrickmines - €582k
LUAS Red Line
• Spencer Dock - €573k
• Mayor Square - NCI - €526k
• George's Dock - €494k
• Jervis - €427k
• The Point - €425k
DART
• Sandymount - €727k
• Dalkey - €690k
• Sandycove & Glasthule - €671k
• Salthill Monkstown - €658k
• Sydney Parade - €652k

source: http://www.worldpropertyjournal.com/real-estate-news/ireland/dublin/ireland-home-prices-2015-daftie-dublin-home-prices-train-stations-in-ireland-ireland-real-estate-news-ireland-property-news-9533.php