Areas to buy in Dublin that will hold/grow in value over 5/10+ years.

0gac3yjefb5sv7

Hi there,

I wanted to start this thread around areas that may see housing appreciation over the next few years.

For example, Ringsend area now has increased in value due to growth of tech companies and proximity to town.

Claw Hammer

Drimnagh.

C3PO

On the Dart or Luas lines (particularly the Green)

The area from Finglas to Artane including Santry Whitehall and Beaumont. The reason great public transports and schools look at the Irish times feeder schools. It is one of the only inner Dublin suburbs where you can still get large traditional houses with large gardens at a 'reasonable price' Its next to the very wealthy suburbs of Glasnevin, Drumcondra, and Clontarf.

Goose76

Stoneybatter will continue to appreciate I think.

It will always be close to town, and with the addition of DIT Grangegorman campus (a wonderful resource for the neighbourhood as well as for students - lovely, open, safe green space with a playground and suitable for jogging, dog walking etc) as well as the green line luas in walkable distance, I'd say prices will only go up.

Add in great pubs, cafes, takeaways, restaurants, regular bus service to UCD and outer suburbs with amenities such as Blanchardstown shopping centre, proximity to Phoenix Park - you have yourself a pretty smashing area, a far cry from where it was 15 or even 10 years ago.

0gac3yjefb5sv7

Eastwall?

Tombo2001

Your question can only be on relative value.

If the market goes up, all areas go up.

If the market goes down, all areas go down.

To answer your question - look at big infrastructure project coming down the tracks, especially metro north. Find somewhere near the stops.

GreeBo

Location depends hugely on how much you are willing to spend.

You could buy in Ballsbridge and its ultimately going to increase in value for example, but you might need €1.5M initially.

L1011

Ballybough is probably the next place to get hit with the auld gentrification stick, purely because there's nowhere else left near the city centre really. But you'd need a crystal ball to know when, or what impact it'll have.

John_Rambo

Portmarnock and Harmonstown.

It depends on what would add value, as accesses to decent size houses with large gardens near good public transport and good schools in suburbs near the city become scarce because of population increases then that sort of property will go up in value.

Good schools, good public transport, and large houses never go out of fashion.

D3V!L

Claw Hammer wrote: »

Drimnagh.

I can't wait to get out of Drimnagh. It's full of drugs and I mean FULL !! I'm surprised there's any room in the houses around here.

tom1ie

Tombo2001 wrote: »

Your question can only be on relative value.

If the market goes up, all areas go up.

If the market goes down, all areas go down.

To answer your question - look at big infrastructure project coming down the tracks, especially metro north. Find somewhere near the stops.

Ya mean metrolink?

EdgeCase

I'd actually say some of the currently decrepit areas between Stoneybatter and Capel Street, including any developments or refurbishment on the quays could potentially improve a lot.

L1011

EdgeCase wrote: »

I'd actually say some of the currently decrepit areas between Stoneybatter and Capel Street, including any developments or refurbishment on the quays could potentially improve a lot.

There's very little housing in those areas, except for some of the 90s Zoe etc blocks that DCC officials were spitballing the idea of considering unfit for full-time accomodation yesterday!


If someone wants to risk on Metro and redevelopment, Ballymun near the old SC/health centre/Garda site will see a metro stop and huge redevelopment.

EdgeCase

There's a lot of space for development though!
Any idea what's happening with the derelict buildings around the top of Smithfield / North King St?

PCros

Swords with the Metro North and its proximity to Dublin Airport.

Mickiemcfist

PCros wrote: »

Swords with the Metro North and its proximity to Dublin Airport.

Do people buy houses near airports intentionally? I'd always try to avoid living near one.

Fwiw I'd be going towards D8, near Guinness. They're planning on redeveloping the area themselves so I'd try to get in first.

PCros

Mickiemcfist wrote: »

Do people buy houses near airports intentionally? I'd always try to avoid living near one.

If you are referring to noise its not really an issue, possibly more so for areas like St. Margaret's and Portmarnock due to the flight paths.

Main attraction would be the amount of employment Dublin Airport brings.

Goose76

Mickiemcfist wrote: »

Fwiw I'd be going towards D8, near Guinness. They're planning on redeveloping the area themselves so I'd try to get in first.

Not a bad call, based on the recent yoga/cafe place opened up there near James', seems like the area is well on its way to gentrification.:D

0gac3yjefb5sv7

Any thoughts on Eastwall?

heebusjeebus

Goose76 wrote: »

Not a bad call, based on the recent yoga/cafe place opened up there near James', seems like the area is well on its way to gentrification.:D

Rialto is on the way up too. Fancy bakery there. It's really nice too.

beaz2018

I am always shocked at the underused potential of the northside - both inner city and suburbs. I know the inner city has its problems, but if you actually take a step back and look at the buildings around mountjoy square/dorset street etc they are on par with those on lesson/baggot street etc. Also in some of the suburbs like Whitehall/beaumont and even Drumcondra - how does an empty bingo hall still occupy the main focal point of Whitehall? Maybe this will change during the current "boom"

Mickiemcfist

beaz2018 wrote: »

I am always shocked at the underused potential of the northside - both inner city and suburbs. I know the inner city has its problems, but if you actually take a step back and look at the buildings around mountjoy square/dorset street etc they are on par with those on lesson/baggot street etc. Also in some of the suburbs like Whitehall/beaumont and even Drumcondra - how does an empty bingo hall still occupy the main focal point of Whitehall? Maybe this will change during the current "boom"

If it was cleaned up, the older parts of the North inner city are nicer. But when people don't even feel safe on O'Connell st - Dublins main st, what hope has the rest of it got. Just need an absolute pile more gards & the Junkies to be sorted out - can't see that happening any time soon if ever.

machalla

Never thought I'd see anything like this in Inchicore. In an industrial estate not far from the village, surprisingly good reviews too.

https://rascalsbrewing.com/

Mad_maxx

mariaalice wrote: »

The area from Finglas to Artane including Santry Whitehall and Beaumont. The reason great public transports and schools look at the Irish times feeder schools. It is one of the only inner Dublin suburbs where you can still get large traditional houses with large gardens at a 'reasonable price' Its next to the very wealthy suburbs of Glasnevin, Drumcondra, and Clontarf.

Several of my family live in Beaumont, transport is awful

You can get the bus or the bus

It's about the most boring place in all of Dublin but so boring, it's very safe, horrible ugly village though, not even a village

Mad_maxx

Goose76 wrote: »

Stoneybatter will continue to appreciate I think.

It will always be close to town, and with the addition of DIT Grangegorman campus (a wonderful resource for the neighbourhood as well as for students - lovely, open, safe green space with a playground and suitable for jogging, dog walking etc) as well as the green line luas in walkable distance, I'd say prices will only go up.

Add in great pubs, cafes, takeaways, restaurants, regular bus service to UCD and outer suburbs with amenities such as Blanchardstown shopping centre, proximity to Phoenix Park - you have yourself a pretty smashing area, a far cry from where it was 15 or even 10 years ago.

Stoneybatter is already very expensive

VW 1

Pheonix10 wrote: »

Any thoughts on Eastwall?

Rent and house prices are already decently high due to the location of East Point and the proximity to the IFSC.

There are also parts of East Wall also have insurance issues due to the number of times claims have been made due to the Tolka overflowing and impacting ouses.

beaz2018 wrote: »

I am always shocked at the underused potential of the northside - both inner city and suburbs. I know the inner city has its problems, but if you actually take a step back and look at the buildings around mountjoy square/dorset street etc they are on par with those on lesson/baggot street etc. Also in some of the suburbs like Whitehall/beaumont and even Drumcondra - how does an empty bingo hall still occupy the main focal point of Whitehall? Maybe this will change during the current "boom"

The bingo hall isn't empty, there is still bingo on most nights of the week!

Goose76

Mad_maxx wrote: »

Stoneybatter is already very expensive

Precisely, which is why I said I thought it would continue to appreciate or at least hold in value.

Mad_maxx

Mad_maxx wrote: »

Several of my family live in Beaumont, transport is awful

You can get the bus or the bus

Just because it does not have a Luas or Dart does not make it terrible. The 14 16 17A 77 and 104 bus routes.

Mad_maxx

Goose76 wrote: »

Precisely, which is why I said I thought it would continue to appreciate or at least hold in value.

You could say that about countless other locations, if the economy slows, all bets are off so its pointless speculating

I like stoneybatter a lot

Whelo79

VW 1 wrote: »

Rent and house prices are already decently high due to the location of East Point and the proximity to the IFSC.

There are also parts of East Wall also have insurance issues due to the number of times claims have been made due to the Tolka overflowing and impacting ouses.

Rent prices are fairly high in East Wall but I would suggest house prices are still undervalued. Lots of potential growth over the next 5 to 10 years with all the work going on in the surrounding Docklands area.

The Tolka flooded once in the last 40 years (early 90's) which effected a small few roads in East Wall. Substantial protective works were done since, so there is no threat of flooding in the area.

Nobodysrobots

Darndale, I know you might think I'm joking but the prices can't really get any lower.
e.g. €170k for a 3 bed house in a capital city. Drive 5 mins to Raheny and you'll pay 3 times that for similar property.
https://www.daft.ie/dublin/houses-for-sale/darndale/237-buttercup-crescent-darndale-dublin-2028990/

Mad_maxx

Nobodysrobots wrote: »

Darndale, I know you might think I'm joking but the prices can't really get any lower.
e.g. €160k for a 3 bed house in a capital city.
https://www.daft.ie/dublin/houses-for-sale/darndale/66-buttercup-park-darndale-dublin-1957592/

It's 5 to 10 years, not fifty

Nobodysrobots

Mad_maxx wrote: »

It's 5 to 10 years, not fifty

I edited my post with a better example as the €160k house requires renovation.


Also I don't know what you mean by "It's 5-10 years", that's exactly my point. I don't think a 3 bed house anywhere in Dublin will go below €170k over the next 5-10 years.

I know it's not a nice area to live in, plagued with antisocial behavior etc. But the thread is about identifying property in Dublin that will either hold or increase in value over 5-10 years. I think it's a good example.

Samuel T. Cogley

Kilbarrack as close to Foxfield and the DART as you can although the ship may of sailed as 3 bed terraces are now fetching in excess of 320K.

Stoneybatter and Rialto have peaked IMHO, Rialto has been hit hard with the gentrification stick and I personally think it will rebound somewhat.

Ballybough is a tough one - huge number of ingrained 'elements' but the location is sound.

Goose76

Goose76 wrote: »

Not a bad call, based on the recent yoga/cafe place opened up there near James', seems like the area is well on its way to gentrification.:D

Note: Ambulances 24 hours a day and huge increase in traffic congestion if this new children’s hospital is completed, not to mention the upheaval during its construction .

Elemonator

Fairview.

Mad_maxx

Nobodysrobots wrote: »

I edited my post with a better example as the €160k house requires renovation.


Also I don't know what you mean by "It's 5-10 years", that's exactly my point. I don't think a 3 bed house anywhere in Dublin will go below €170k over the next 5-10 years.

I know it's not a nice area to live in, plagued with antisocial behavior etc. But the thread is about identifying property in Dublin that will either hold or increase in value over 5-10 years. I think it's a good example.

You would need signs of outsiders who work for a living moving in, darndale could get much worse

Mad_maxx

Inchicore is my choice

Ammonite

What about Artane? While I don't think it's considered a "bad area", I heard that some people priced out of neighbouring areas like Clontarf are buying there recently. It's near enough to town too and well served by shops, services. Seems to be value to be had there although a lot of the properties I saw on Daft there are smallish/in need of work.

Mad_maxx

mariaalice wrote: »

Just because it does not have a Luas or Dart does not make it terrible. The 14 16 17A 77 and 104 bus routes.

It means that transport links are of a single kind so with no choice, you have stress on single provider

Charlie

Ammonite wrote: »

What about Artane? While I don't think it's considered a "bad area", I heard that some people priced out of neighbouring areas like Clontarf are buying there recently. It's near enough to town too and well served by shops, services. Seems to be value to be had there although a lot of the properties I saw on Daft there are smallish/in need of work.

Artane is a smashing area, but I’m not sure it fits the bill for this thread. House prices have rocketed over the last 5 years as a lot of Northsiders have copped its a prime location.

VW 1

Whelo79 wrote: »

Rent prices are fairly high in East Wall but I would suggest house prices are still undervalued. Lots of potential growth over the next 5 to 10 years with all the work going on in the surrounding Docklands area.

The Tolka flooded once in the last 40 years (early 90's) which effected a small few roads in East Wall. Substantial protective works were done since, so there is no threat of flooding in the area.

My family home has flooded four times in the last 15 years leading to massive issues regarding insurance.

spurious

North Strand.

Eric Cartman

EdgeCase wrote: »

I'd actually say some of the currently decrepit areas between Stoneybatter and Capel Street, including any developments or refurbishment on the quays could potentially improve a lot.

the north side can be surprisingly resistant when it wants to be, despite numerous tries with fancy coffee shops and redevelopment etc... areas around sean mcdermot street, mountjoy square etc... really havent increased in standing or monetary value.

maxsmum

EdgeCase wrote: »

I'd actually say some of the currently decrepit areas between Stoneybatter and Capel Street, including any developments or refurbishment on the quays could potentially improve a lot.

Anyone know what will happen to the old Hickeys site on Parkgate Street? That could potentially be a new Grand Canal if done right.

Eric Cartman

Nobodysrobots wrote: »

Darndale, I know you might think I'm joking but the prices can't really get any lower.
e.g. €170k for a 3 bed house in a capital city. Drive 5 mins to Raheny and you'll pay 3 times that for similar property.
https://www.daft.ie/dublin/houses-for-sale/darndale/237-buttercup-crescent-darndale-dublin-2028990/

the problem is there were too many houses , 'bad' areas of social housing often improve rapidly when the kids grow up and go live in the new sh*thole with their kids, with an average age of >50 in 'locals' the safety increases a lot. The issue with darndale is a low uptake in people buying their council houses so theres a lot that are now properties becoming vacant as people die, and are being filled by people with young children again, it'll go calmer for a little while then kick back off when those kids reach their teenage years.

If you follow the population cycle of almost any bad area, it naturally gets better when theres almost nobody under 25 left.

Eric Cartman

maxsmum wrote: »

Anyone know what will happen to the old Hickeys site on Parkgate Street? That could potentially be a new Grand Canal if done right.

Becoming an apartment development with retail at the bottom of it , all going to be held by an investment company and not sold to individual buyers, fancy coffee shops and a 'hip young vibe' coming soon.

Feets

Ballsbridge and irishtown in a buy to let out situation. Facebook is going into that old aib on merrion road isnt it? 1000s of people to accomodate.

Whelo79

VW 1 wrote: »

My family home has flooded four times in the last 15 years leading to massive issues regarding insurance.

What part of East Wall? It can't be related to the Tolka, as I said, it has not overflown since the early/mid 90's to my recollection.