The latest Daft Quarterly Report has been published yesterday, and it shows that rental prices continue to rise in our local area. Quarter-on-quarter rises in domestic rents continue throughout Dublin, with Dublin 8 not escaping this incredible surge.
Dublin 8 rents have risen by almost 4% for one and two bedroom housing units (houses, studios and apartments combined), but three bedroom homes have stayed pretty stagnant this quarter. However, the average rental prices for four bedroom units has increased by an incredible 13.7% over the space of three months.
Here is a breakdown of the important statistics:
Average Q3 2013 Rental Prices in Dublin 8
1 Bedroom: €835 (+ €30 / 3.7%)
2 Bedroom: €1,102 (+ €38 / 3.6%)
3 Bedroom: €1,412 (+ €6 / 0.5%)
4 Bedroom: €1,715 (+ €209 / 13.9%)
5 Bedroom: n/a
Figures in brackets depict change from Q2 2013
Average Yearly Rental Price Changes in Dublin 8
1 Bedroom: + 10.6%
2 Bedroom: + 9.5%
3 Bedroom: + 12.1%
4 Bedroom: + 12.8%
5 Bedroom: n/a
Overall South Dublin City Statistics
Average rent: €1,203
Year-on-year change: + 7.7%
Quarter-on-quarter change: + 2.1%
Change from peak: – 19.9%
Average Room Rental Prices in South Dublin City
Single Bedroom: €377 (+ 3.3% in 1 year)
Double Bedroom: €490 (+ 3.6% in 1 year)
IMAGE: Q3 2013 dublin 8 Rental Prices Infographic – image credit: Damien Hughes/FRG.ie
If you would like to share the infographic we created for this article, you can do so on the following social networks:
Facebook
Twitter
Google+
We have uploaded the image itself to those websites, so just click on those links and you will be able to share directly on those social networks!
[…] recently digesting the latest figures for rental price increases in Dublin 8, for first time ever, I’m actually quite shocked as to how the prices are rising so fast. We […]
[…] on from our new Quarterly feature about rental prices in Dublin 8, we will also be running a quarterly update for house sales prices in South Dublin City (there is […]
[…] Presented To Judges @ Wood Quay 7: Dublin Space Invaders To Unveil Entrants + Winners On Friday 8: Rental Prices In Dublin 8, Quarterly Update [Q3 2013] 9: Cork Street Park Campaign: Petition To Redevelop Derelict Site 10: Starz Ireland Final – […]